Yeah, it amazes how that escapes so many here on FR...
Let me tell you about the American Opportunity Tax Credit (college tuition)—
my son became unemployed this summer and with this we thought maybe now he might qualify for some kind of aid (for once)to go back to school. Right.
Those numbskulls at Northern Virginia Community College had no idea about these $5k grants nor the rules for applying for them. They told him he had to wait a year until his income showed $0 (even though the Federal letter said they could zero out his income). Then after he did a waiver, he got a big fat zip. I have only met one person....who has ever gotten a grant or financial aid that WASNT a LOAN.