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10-03-2007, 12:55 AM
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Employer Paid Tuition and Financial Aid?
My husband's company gives a $5250 yearly tuition allowance. He will be attending school fulltime (BS Marketing) and has also applied for financial aid. His company reimburses tuition at the completion of the semester. FAFSA came back with a EFC of 0. How is this going to work?I guess my question is can we keep the reimbursement from my husband's company to cover other school expense (computer since it's an online program, etc)?
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10-03-2007, 01:19 AM
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100 % of the tuition money will be awarded via financial aid. There will be minimal cost to your husband, as aid (scholarships) will be available to cover the entire thing. There may be some loans that require repayment. If there are any textbooks required, you should use the money from his job to pay for them, then discuss it with the company that he works for - they may want some reimbursement.
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