Financial Aid
FAFSA TAP The Dream Act Excelsior Scholarship
Embedded Files
Feel free to move things around or change the wording in the paragraphs. You should actually be changing things around as part of your 20%! For example, there are so many more scholarships than are added in the scholarships page. So, you can add more or create a quick guide instructing students how to find it on their own.
Importance of Financial Aid
Importance of Financial Aid
Financial aid can come in many different ways and it's important to understand each one. There are different sections listed in the menu under financial aid that go over the different types of aid and applications you should be filling out. Financial aid is what's going to allow you to save money when going to college. You should be taking advantage of all the resources out there in order to save as much money as you can.
Loans
Loans
There are different types of loans that you can use to pay for college. When you fill out the FAFSA, you might be offered two different types of loans: subsidized and unsubsidized loans. Subsidized loans are always better than unsubsidized loans. Subsidized loans are loans where you don't have to pay interest while you are in school. In contract, unsubsidized loans accrue interest the moment you take out the loan. So, always go for the subsidized loan when presented with these two options. Once you graduate from college, there will also be a post-graduation grace period where you still don't have to pay interest for subsidized loans. However, after this period is over, interest will start to accrue.
Grants
Grants
Unlike loans, grants do not have to be paid back. Think of grants as free money. Grants can vary by school. One of the most popular grants is the Pell Grant. The Pell Grant is awarded to those who fill out the FAFSA and qualify for it.
Page updated
Google Sites
Report abuse