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Old 04-25-2007 | 02:46 AM
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sschlesinger
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Joined: Mar 2007
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Default free money for flight school ?????

Hello Im not sure if this subject has been touched upon yet so im writting to you all about your thoughts and feelings. I just registered at the local community college to take their professional flight course (all the way up to cfi ratings) these courses start in the summer. Since it is a degree program that they have, I went to fafsa and filled out the sheet to get a grant, now since i'm married with children our efc was darn low. So I was able to get the pell grant which will disperse 4000 per year in two payments. Also the college said I also qualified for the fseog grant as well which will disperse up to 4000 per year as well depending on needs and first come first serve. Now I figure the the total course is about 38000 and its a two year degree. If possible i'm hoping for atleast 8000 in combined grants per year which will total 16000 for two years of grants and then I get a loan for the additional 22000. But here is my question lets say in two years i still dont have my AS degree what happens next do I have to pay back all the grant money also what if because I do have a family i only get my private with ifr and then quit. Private with ifr is only about 11000. Do you all see where i'm going with this? Btw i'm not happy with having a low efc score its not good at all. However in this case it actually might be good to have a low efc atleast for my situation.



BTW in case you all didnt know what efc is-The Expected Family Contribution (EFC) formula is basically the same for all applicants, but there is some flexibility. Your financial aid administrator might adjust the cost of attendance or the information used to calculate your EFC to take into account special circumstances you might have. These circumstances could include your family's unusual medical expenses, tuition expenses, or unemployment.
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