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You should be at least 18 years old, working with the same company for at least 3 months with a minimum income of $800. Saving Tips from the Experts The standardized application for financial aid determines your need for financial assistance during college.ĐÂ Student income, parental income and assets, and family size are used to calculate your Expected Family Contribution (EFC). Your EFC is then used to create an individual Student Aid Report (SAR) that spells out your college financial aid needs. Loan Process Easy & Comfortable
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