How is financial aid determined after the first year?

financial aid year
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How is financial aid determined after the first year?

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Some colleges have a policy of providing strong financial aid for the first year and then substantially reducing the available aid in subsequent years. You should ask each college in which you are interested how they determine financial aid after the first year and what the average loan is after the first year. While it is typical that the amount of loans will increase each year if the increase is substantial you will want to take that into consideration.

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