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Each designated school receives a copy of your SAR, allowing them to craft custom financial aid packages that tap their own campus-based programs.Formal offer letters from university financial aid offices break down the types of assistance the college is extending to you.
Let’s not forget, if you are solvent, the forgiven debt will be taxable and you will probably get a 1099.
If you have your eye on Perkins financing, the keys to winning a loan are filing early and meeting federal financial aid eligibility requirements.
The Federal Government metes out funds directly to colleges and universities for some campus-based aid programs; including Perkins Loans.
And If you qualify for a Pell Grant, which is also awarded based on financial need, then you are probably also a priority candidate for a Perkins Loan.
Your Perkins pursuit begins by submitting a standardized federal financial aid request.
Feel free to take a swipe at settling the debt or contact my friend, and get some professional help with this.