Financial aid is one of the tools that makes higher education possible for many students. It may mean being able to continue your education when you otherwise would not be able or being able to attend the school of your choice despite higher tuition costs.
Financial aid includes:
How to develop a college budget and still have some fun!
Heading to college is one of the most exciting times of your life. You’re about to start the shift from dependence on home and high school resources to greater independence in all areas of your life. If you’re like many young adults, this is the first time that you’ll be experiencing life without the constant oversight of your parents.
You’ve sent in your applications, filled out your Free Application for Federal Student Aid (FAFSA), interviewed with schools and kept your grades up. Now, with graduation quickly approaching, it’s time to finalize your post-secondary education decision. Given that part of your decision will be based on your ability to cover the cost of tuition at your school of choice, understanding your financial aid package is critical.
When you filled out your FAFSA,
Preparing for college is an exciting, yet trying, time. From writing college application essays to applying for financial aid, there is much to be done and so little time to do it all. Unfortunately, many people know this, and they try to take advantage of overworked, stressed students and parents in the form of financial aid scams. The good news is, it’s easy to protect yourself from many of the most common scams — all it takes is knowing the signs of a scam… and a little common sense!
Some college students decide to work during their college years to supplement their budget. Studies show that working 10-15 hours per week actually can improve budgeting time more efficiently as well as earning money. However, working more than 20 hours a week can cut back on your ability to keep up with your studies. You need to find the work-study balance right for you — financially and academically.
When looking for a job,
Federal and state financial aid puts college within reach for millions of students every year. The federal government alone provides more than $150 billion in grants, work-study funds, and loans each year. But, to receive any of that money, you have to see if you qualify – which can only be determined if you complete the Free Application for Federal Student Aid (FAFSA).
Despite the availability of financial help, the US Department of Education reported that students in 2015 missed out on more than $2.7 billion in aid for college by not submitting their FAFSA.
February 19 – 25 was proclaimed Financial Aid Awareness Week in North Carolina. The goal of the week is to raise awareness about the positive impact that financial aid can provide to students and families as they prepare to pay for college. In addition, schools and counties throughout the state are encouraging students to finish their Free Application for Federal Student Aid (FAFSA) which is a critical first step in terms of obtaining financial aid.
When it came time to apply for college, you probably sent in applications to multiple schools — some you felt certain you could get in and some you thought were a stretch. Either way, you may have had a first choice — your dream school.
Now that you have acceptance letters in hand, it’s time to be realistic about making your final choice. While it is exciting to anticipate going to a college or university you’ve dreamed about,
Has it suddenly hit you how soon your child will be going to college? The early days of child-rearing go by quickly, and if you haven’t been putting aside money for college, you may think it’s too late to start. But it’s never too late! Anything you can put away now can help with future college expenses — and you can even keep saving once your child actually enrolls.
Start Saving for College Today
With as little as $25,
When you’re looking for ways to pay for college, college loans can be a major tool in your toolkit. Unlike scholarships and grants, loans must be repaid after you leave college. That’s why it is important to fully understand the different types of student loans before you start college.
The major types of loans used for higher education are:
Federal Direct Subsidized Loans are available for students with financial need.