Which factor does NOT affect a student's eligibility for financial aid?

Get ready for the NASFAA Student Eligibility Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Prepare effectively today!

A student's age does not affect their eligibility for financial aid. Financial aid eligibility primarily depends on factors directly related to the student's financial situation, academic performance, and enrollment status, rather than their age.

Expected family contribution (EFC) is a crucial metric that assesses how much a student's family can contribute towards their education, heavily influencing financial aid determinations. Similarly, a student's enrollment status—full-time or part-time—plays a significant role in eligibility and the amount of aid available, as many programs have specific enrollment requirements.

Credit hours completed can also impact eligibility, particularly regarding satisfactory academic progress (SAP) policies that require students to complete a certain number of credits over time to maintain their financial aid status. Therefore, while factors like EFC, enrollment status, and credit hours completed directly relate to financial aid assessments, a student's age does not play a role in these determinations.

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