| AwardYear: 1994-1995 Edition: PostSecondary Part: 3 - - Filling Out the Free Application for Federal Student Aid SectionNumber: SectionTitle: Section B -- "Your Plans" PageNumbers: 65 PURPOSE: SECTION B COLLECTS INFORMATION ON THE STUDENT'S ENROLLMENT STATUS FOR THE 1994-95 AWARD YEAR AND THE STUDENT'S INTENDED COURSE OF STUDY. THE AMOUNT OF VETERANS EDUCATION BENEFITS ARE ALSO COLLECTED IN THIS SECTION. THE LAW REQUIRES THAT EDUCATIONAL BENEFITS OFFERED BY THE U.S. DEPARTMENT OF VETERANS AFFAIRS MUST BE TREATED AS A RESOURCE FOR THE CAMPUS-BASED PROGRAMS, AND AS ESTIMATED FINANCIAL ASSISTANCE WHEN CERTIFYING A FEDERAL FAMILY EDUCATION LOAN APPLICATION. BECAUSE THEY ARE STUDENT FINANCIAL AID, THESE BENEFITS ARE NOT USED IN THE EFC CALCULATION. HOWEVER, VETERANS BENEFITS ARE COLLECTED IN THIS SECTION FOR THE SCHOOL TO USE WHEN PACKAGING AID. If the applicant receives veterans education benefits, the applicant must report the amount of monthly benefits that he or she expects to receive during the school year (from July 1, 1994 through June 30, 1995). Included in this section are benefits from Selective Reserve Pay (Montgomery GI Bill--Chapter 106), New GI Bill (Montgomery GI Bill--Chapter 30), Vietnam Veterans Educational Assistance Program (VEAP) (Chapter 32), Vocational Rehabilitation (Chapter 31), REPS (Restored Entitlement Benefits for Survivors--Section 156), Educational Assistance Program (Chapter 107), and Dependents Educational Assistance Program (Chapter 35). |