Financial Aid
Due to the high cost of attendance and the business-like nature of
colleges, many low-income students may decide against enrolling in
them. However, with financial help, a big burden can be lifted, and
the tension can be reduced even further.
Federal student aid like loans, scholarships, grants, and work-study
programs help students with tuition, textbooks, transportation, and
personal expenses.
Grants: A grant is a fragment of financial aid that
doesn’t have to be repaid.
Grant eligibility: Only to students with financial need, start by submitting the FAFSA form every year you’re in college.
Types of Grants:
Grant eligibility: Only to students with financial need, start by submitting the FAFSA form every year you’re in college.
Types of Grants:
- Federal Pell Grants
- The U.S. Department of Education
- Federal Supplemental Educational Opportunity
Scholarships: Scholarships help students pay for
college and manage education expenses.
How to find scholarships: The financial aid office at a college or high school.
How do apply for scholarships: Every scholarship has different specifications. You may learn more about who is eligible, how to apply, and deadlines on the scholarship's website.
Types of Scholarships:
How to find scholarships: The financial aid office at a college or high school.
How do apply for scholarships: Every scholarship has different specifications. You may learn more about who is eligible, how to apply, and deadlines on the scholarship's website.
Types of Scholarships:
- Community Service Scholarships
- Leadership Scholarships
- Prestigious Scholarships
Loans: A loan is money you borrow and pay back.
How to get a federal student loan: You must fill out and submit the FAFSA form, and your financial assistance offer will be based on the form's findings. You must successfully complete entrance counseling and sign a master promissory note before being granted a loan in order to accept the commitments and terms.
Types of loans:
How to get a federal student loan: You must fill out and submit the FAFSA form, and your financial assistance offer will be based on the form's findings. You must successfully complete entrance counseling and sign a master promissory note before being granted a loan in order to accept the commitments and terms.
Types of loans:
- Plus loan
- Federal direct student loan program
- Refinanced loans for graduates
Work-study: Working part-time on campus or off
campus allows you to earn money to pay for college.
How much can I earn: You would be paid the federal minimum wage and occasionally more depending on when you apply, your financial need, and the amount of funds provided by the institution.
How will I be paid: Whether you're a graduate or undergraduate student will affect your pay. Graduates are paid by the hour or salary, while undergraduates are paid by the hour.
Types of work-study:
How much can I earn: You would be paid the federal minimum wage and occasionally more depending on when you apply, your financial need, and the amount of funds provided by the institution.
How will I be paid: Whether you're a graduate or undergraduate student will affect your pay. Graduates are paid by the hour or salary, while undergraduates are paid by the hour.
Types of work-study:
- Research assistant
- Campus ambassador
- Community assistants