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Not all states allow common-law marriages and the elements required for a common-law marriage change from state to state.
The total estimated cost for one academic year of college or career school before financial aid is applied.
"Loan discharge" generally refers to the cancellation of a borrower's obligation to repay some or all of the remaining amount owed on a loan due to circumstances such as school closure, a school's false certification of a borrower's eligibility to receive a loan, a school's failure to pay a required loan refund, or the borrower's death, total and permanent disability, or bankruptcy.
In some cases, a discharge may also entitle a borrower to receive a refund of payments previously made on a loan.
Interest is then charged on that higher principal balance, increasing the overall cost of the loan.
Tuition and fees, housing, food, transportation, books/supplies, and other additional educational-related expenses (both direct and indirect) are included and may vary based on personal choices.
This is a term sometimes used for an offer from a college or career school that states the type and amount of financial aid the school is willing to provide if you accept admission and register to take classes at that school.
Forgiveness, cancellation, and discharge all refer to the cancellation of a borrower's obligation to repay all or a portion of the remaining principal and interest owed on a student loan, but are generally used in different contexts.
Confirms that the college or career school meets certain minimum academic standards, as defined by an accrediting body recognized by the U. From the 2017–18 award year and forward, eligible students could receive up to one and one-half Federal Pell Grants within a single award year.
The Additional Eligibility field on the “Grant Detail” page in a student’s “My Federal Student Aid” account indicates whether a student was eligible for one and one-half Pell Grants in a single award year.