Paying for College

Will Financial Aid Affect SSI?

Question: I receive SSI (Supplementary Security Income). If I get scholarships or loans for college, will that affect my SSI?

Your college grants and loans should not affect your SSI, but when you apply for need-based financial aid, your SSI will be counted as income. However, SSI is typically low enough that it doesn't make a student ineligible for need-based aid.

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