U.S. Federal financial aid
The information in this section is from the . The U.S. Department of Education provides more than $120 billion in financial aid to help pay for college or career school each year. Make sure you develop a plan early and start by filling out your . In addition to grants and scholarships, you may qualify for loans with a lower interest rate than some private loans.
Types of federal financial aid聽
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According to the FSA, a is a form of financial aid that typically doesn鈥檛 have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don鈥檛 complete your service obligation). A variety of federal grants are available, including Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Teacher Education Assistance for College and Higher Education (TEACH) Grants, and Iraq and Afghanistan Service Grants.
Scholarships
Scholarships, which are often based on academic merit, talent, or a particular area of study, can make a real difference in helping you manage your education expenses.
Loans
When you receive a student , you are borrowing money to attend a college or career school. You must repay the loan as well as the that accrues. It is important to understand your repayment options so you can successfully repay your loan. Recently interest rates for federal loans were announced. You can find current rates for federal loans .
How to apply
1) Start Planning Early
Develop your plan to pay for college
2) Fill Out the FAFSA庐 Form
3) Review Your Aid Offer
Compare the aid each school is offering
4) Get Your Aid
Aid goes to your student account first
5)聽 Repay Your Loans
Find an affordable repayment plan
Everyone鈥檚 situation is different and it is important to understand your own financial picture and to research the options that might work best for you.
Also, be sure to explore prior learning credit to see if your prior learning on 糖心vlog官网观看 can help you save on a degree.
