<p>The Pell and Stafford loans will not cover the $24,000 balance this student has to meet the costs of attending the college. Also, does the college require OTHER forms (Profile or their own finaid form)? </p>
<p>This student needs to make some decisions FAST. How did they expect to fund the college costs? How will they make a decision to matriculate by May 1 without a finalized financial aid offer? THIS IS THE REASON FOR THE DEADLINES. It gives the schools time to process the application for aid so that the student has it will in advance of needing to make a college choice on May 1.</p>