Welcome to our comprehensive guide on financial aid! Whether you are a student, parent, or educator, understanding the various options available for financial assistance is crucial for achieving your academic goals.
Types of Financial Aid
- Grants: These are free funds that do not need to be repaid. They are often based on financial need.
- Scholarships: These are merit-based awards that can be given for academic excellence, community service, or other qualifications.
- Student Loans: These are borrowed funds that must be repaid with interest, usually after graduation.
Applying for Financial Aid
The process of applying for financial aid starts with completing the Free Application for Federal Student Aid (FAFSA). This form is used by colleges and universities to determine your eligibility for federal, state, and institutional aid.
Important Steps:
- Complete the FAFSA: Submit your FAFSA as early as possible to ensure you meet all deadlines.
- Review Your Financial Aid Award Letter: Once you receive your award letter, carefully review it to understand the types and amounts of aid you are eligible for.
- Accept or Decline Awards: You will have the option to accept, decline, or reduce the amount of certain awards.
Additional Resources
For more information on financial aid, visit our Financial Aid Resources page.
Financial Aid
Remember, financial aid is there to help you achieve your dreams. Don't hesitate to explore all the options available to you!