Federal Aid

Information

Federal aid comes in the form of federal grant programs, federal student loans and federal work-study programs.Federal Aid is subject to change based on government funding policies. Eligibility guidelines for FAFSA are available online for a quick application and fast processing, starting January 1 of every year. FAFSA will answer the majority of your questions, determine how much funding you can receive, and what federal funding programs you qualify for. You may find that you’re only eligible for Stafford Loans. Although Stafford Loans are not as desirable as grants, they do have lower interest rates than any private loan.

Research will help you understand financial aid information, and dispel popular misconceptions about the process. Many students believe they are either ineligible for scholarships, or that applying for scholarships is a waste of time. Truthfully, the financial aid process is the most important step you will take in the college application process. More than $130 billion is awarded each year to college-bound students. And while it helps to have an impressive academic record, much of the funding is needs-based. Once you’ve filled out your FAFSA, conduct a free scholarship search to find awards, and boost your financial aid package with money from scholarships and grants.

 

Apply to FAFSA Here

Reference: https://www.scholarships.com/