Feb 9, 2007

Financial Aid for College

Financial aid is available from a variety of sources and in a variety of forms. You can acquire financial aid in the form of scholarships, grants, fellowships, assistantships, and loans depending on the type of educational opportunities you are pursuing. We have a separate page dedicated to scholarships, and one for fellowships.

Typically the first stop for financial aid is the institution you are attending. Most schools and programs have money available to students in the form of scholarships, grants, loans, and part-time employment. Many schools offer work-study programs that lower your tuition in return for working for the school in some capacity. The financial aid staff at your institution should be able to tell you about all the options that are available to help you lower the costs of attending that school.

After your institution, one of the major forms of financial aid is federal aid in the form of loans. Students complete what is known as the FAFSA form, which the government uses to determine eligibility for financial aid. Students then can be eligible for Stafford or Perkins loans or their parents may be eligible for federal PLUS loans (for parents of dependent students pursuing an undergraduate degree).

Federal loans are excellent because they have lower interest rates than consumer loans and more flexible repayment terms that typically begin only after the student's schooling is complete. Federal loans are either subsidized or unsubsidized. Subsidized loans are those that government pays the interest on while you are in school and during grace periods or deferment periods. Subsidized loans require that you demonstrate financial need. Any student, regardless of financial need, is eligible for unsubsidized loans on which the interest accrues while you are still in school.

However, there are limits to how much you can borrow in federal loans so some students need to consider private loans in order to bridge the gap between their financial aid packages and the cost of their educational programs. There are various banks that specialize in educational lending such as Sallie Mae or non-profit organizations such as Access Group . Almost all private loans will require a credit check so be sure to have a clean record.

You can explore FinAid for more information on your financial aid options. There is money out there to complete your education. You just need to put in the necessary effort to find it!

*This article is taken from http://www.studentprospector.com/

Related Posts


Anonymous said...

Download mp3 songs, Video songs, Wallpapers or Full Movie

(Bollywood, Hollywood, Telugu and Tamil Movies)

Download mp3 songs

Download or Watch Online Video

Download Full Movie

Download Wallpapers of Actress

Download Movie Wallpapers

Download mp3 songs, Video songs, Wallpapers or Full Movie

Latest Tpoics of this site :

Download Bhoothnath Video Songs

Download Meet Bill Hollywood Movie(2008)

Download Baby Mama movie(2008)

Download Love Songs Bollywood movie (2008)

Download Pandi Songs (2008)

Watch or Download Akku movie (2008)

Download What Happens In Vegas movie(2008)

Download War, Inc. movie(2008)

Download my mom's new boyfriend movie (2008)

Download chennai superkings songs

Download Aayutham Seivom songs (2008)

Download Speed Racer Movie (2008)

Download Khushboo songs (2008)

Download Bhootnath movie (2008)

Download sonal chauhan Actress Wallpapers

Download Katherine Heigl Wallpapers

Download ileana Wallpapers

Download Anamika Video songs (2008)

Download Anamika movie(2008)

Watch Sirf Video songs (2008)

Watch Jalsa Video Songs (2008)

Download Jalsa wallpapers (2008)

Watch Kantri Video Songs (2008)

Download Rang Rasiya Wallpapers (2008)

Download Ankit, Pallavi & Friends Songs

Download Anamika Songs (2008)

Download Ghatothkach songs (2008)

Download Jalsa (2008) telugu movie

Download Kantri Wallpapers (2008)

Download Raat Gayi Baat Gayi wallpapers (2008)

Download Don Muthuswami video songs (2008)

Download Don Muthuswami Songs (2008)

Download Dhoom Dadakka Video Songs (2008)

Download Hastey Hastey (2008) Wallpapers

Download Dhoom Dadakka (2008) songs

Download The Awakening (2008) Songs

Download Hastey Hastey Video Songs

Download Anushka Shetty Wallpapers

Download Kalidasu Telugu Movie (2008)

Download Too Hot Too Cool (2008) Songs, IPL POP

Download Mr White Mr Black movie (2008)

Download Hastey Hastey Songs (2008)

Download Shamur Shardana Songs - Pop Album

Download Sirf (2008) Movie

Kuruvi Video Songs Download

Download Tashan movie (2008)

Download Katrina kaif Wallpapers

Download Aashayein Wallpapers

Download The Number 23 (2007) movie

Download Vaana Telugu songs

Post a Comment