Everyone knows how expensive college tuition tends to be, but what many people don’t realize is that there are so many different resources designed to provide financial aid and scholarships to students and their families.
First of all, some basic terminology for all seniors and their families, the FAFSA. What is a FAFSA? The FAFSA is the Free Application for Federal Student Aid; it’s a federal form that the US Department of Education uses to determine how much financial aid you qualify for.Fill out the FAFSA onlineas soon as possible after October 1st of your senior year.
There are several different opportunities for financial aid–
- Scholarships and Grants–gift aid that does not need to be repaid
- Work-Study–a job with your college that helps you pay for college (all money earned goes towards your tuition!)
- Loans–money that you borrow that must be paid back
You can fill out a FAFSA by clicking on this link:http://www.fafsa.gov