How To Fill Out The FAFSA
(Thanks Rocio!!)(Article Found at: https://studentaid.ed.gov/types)
Aid and Other Resources From the Federal Government The federal government offers a number of financial aid programs. Besides aid from the U.S. Department of Education (discussed below), you also might get
The U.S. Department of Education awards about $150 billion a year in grants, work-study funds, and low-interest loans to more than 15 million students.Federal student aid covers such expenses as tuition and fees, room and board, books and supplies, and transportation. Aid also can help pay for other related expenses, such as a computer and dependent care. Thousands of schools across the country participate in the federal student aid programs; ask the schools you’re interested in whether they do! Federal student aid includes:
Apply for federal student aid using the Free Application for Federal Student Aid (FAFSA®). And remember, the first F in “FAFSA” stands for “free”--you shouldn’t pay to fill out the FAFSA! Aid From Your College or Career School Many colleges offer financial aid from their own funds. Find out what might be available to you:
Aid From a Nonprofit or Private Organization: Many organizations offer scholarships or grants to help students pay for college. This free money can make a real difference in how affordable your education is. Aid From Your State Government
Even if you're not eligible for federal aid, you might be eligible for financial aid from your state. Contact your state grant agency for more information. Aid From Your College or Career School
Many colleges offer financial aid from their own funds. Find out what might be available to you:
|
Glossary
Work-Study: A federal student aid program that provides part-time employment while you are enrolled in school to help pay your education expenses. Interest: A loan expense charged for the use of borrowed money. Interest is paid by a borrower to a lender. The expense is calculated as a percentage of the unpaid principal amount of the loan. Federal Student Aid: Financial aid from the federal government to help you pay for education expenses at an eligible college or career school. Grants, loans and work-study are types of federal student aid. You must com... Room and Board: An allowance for the cost of housing and food while attending college or career school. Federal Student Aid Programs: The programs authorized under Title IV of the Higher Education Act of 1965 that provide grants, loans and work-study funds from the federal government to eligible students enrolled in college or ca... Financial Aid Office: The office at a college or career school that is responsible for preparing and communicating information on financial aid. This office helps students apply for and receive student loans, gran... Scholarship: Money awarded to students based on academic or other achievements to help pay for education expenses. Scholarships generally do not have to be repaid. |