Paying for College
FAFSA (Free Application for Federal Student Aid):
The FAFSA is a free online application to apply for government financial aid to pay for college. The aid is need based and not dependant on your grades or test scores. If you're a senior you can apply for free and see what you qualify for, but it's best to start early. They award money in three different ways!
Pell Grant- this is money that the goverment provides students and it does not have to be repaid! Eligable students will recieve a specific amount each year if they qualify for a Pell Grant.
Federal Loan- this is also money the government provides students but is must be payed back with interest after the student graduates or leaves college.
Work Study - provides work for a student with financial need to pay for expenses. Work study money is tax free!
Step 1: Start here to make your FSA identification. Both you and your legal guardian will need one.
Step 2: Then go to https://fafsa.ed.gov/ to fill out the application.
SCHOLARSHIPS: Is money given that can be local or national, and it does not have to be reapaid. You must apply for a scholarship and awards can be given based on many criteria! There are scholarships for gpa, essay writing, art/creative ablities, disablities or barriers, talents, and just about everything under the sun! Some applications can be lengthy and some are very short.
PRIVATE LOANS: Banks and private institutions offer money for education, however this is usually used after one has exhausted all FAFSA options and scholarpship options becausethey often have high interest rates.