Education is a must in today's knowledge based world. If you are a bright and brilliant student, then college scholarship can see you through your education. Generally a college scholarship means free money that needn't be repaid. It's not a student loan. It's wonderful to get a college scholarship as it adds to the credit of the student.
Scholarships & Grants
Only meritorious students get free college scholarships from universities. Generally these college scholarships are put up on the college notice board. Else log on to your college website and look for the necessary information regarding college scholarships. There are many kinds of free scholarships given to students who wish to pursue college studies. A few of them are merit scholarships, need based scholarship to poor students, minority scholarship and full/partial scholarships.
Whether it is a college scholarship or any other type of financial aid, filling up of FAFSA application form is a must. FAFSA application is available online and you can fill it out online also. FAFSA is the short form for Free Application for Federal Student Aid. This will give the university a clear picture regarding your financial capability as well as your family's. Based on the information given in the FAFSA application, funding required by a student is decided. Usually a college scholarship can see a merit student through college. His or her tuition cost, books, board and library expenses are met with free college scholarships. A student can gain more than one scholarship. If you still feel the pinch then go in for work study programs available in every college.
Minority scholarships and Grants are also available in many colleges. Pell Grant is a Federal program that is awarded to meritorious students. Though these are free money that need not be repaid you will still need student loans to pay for other expenses.
Student Loans
Besides scholarships there are student loans that can compensate for the expenses. There are two types of student loans; Federal loans and Private loans. The Federal Loan is offered by the Education Department which is directly paid to the college. The interest rate on student loans are very low and repayment starts only six months after you complete your studies. There are various options even to waive off your student loan. All these programs help students to get educated and land up with a good job.
The basic criterion for eligibility is the student should be an undergraduate and who has not earned a bachelor's degree. He should also be a U.S citizen or an eligible non citizen and needs to have a high school diploma to be able to qualify for federal grants. These grants are also free financial aid and need not be refunded to the government. If you are a part time student your financial aid amount will be less than a full time student. Do a thorough research and arrive at exactly how much money you need and accordingly take a loan. After all you need to repay it!
Scholarships & Grants
Only meritorious students get free college scholarships from universities. Generally these college scholarships are put up on the college notice board. Else log on to your college website and look for the necessary information regarding college scholarships. There are many kinds of free scholarships given to students who wish to pursue college studies. A few of them are merit scholarships, need based scholarship to poor students, minority scholarship and full/partial scholarships.
Whether it is a college scholarship or any other type of financial aid, filling up of FAFSA application form is a must. FAFSA application is available online and you can fill it out online also. FAFSA is the short form for Free Application for Federal Student Aid. This will give the university a clear picture regarding your financial capability as well as your family's. Based on the information given in the FAFSA application, funding required by a student is decided. Usually a college scholarship can see a merit student through college. His or her tuition cost, books, board and library expenses are met with free college scholarships. A student can gain more than one scholarship. If you still feel the pinch then go in for work study programs available in every college.
Minority scholarships and Grants are also available in many colleges. Pell Grant is a Federal program that is awarded to meritorious students. Though these are free money that need not be repaid you will still need student loans to pay for other expenses.
Student Loans
Besides scholarships there are student loans that can compensate for the expenses. There are two types of student loans; Federal loans and Private loans. The Federal Loan is offered by the Education Department which is directly paid to the college. The interest rate on student loans are very low and repayment starts only six months after you complete your studies. There are various options even to waive off your student loan. All these programs help students to get educated and land up with a good job.
The basic criterion for eligibility is the student should be an undergraduate and who has not earned a bachelor's degree. He should also be a U.S citizen or an eligible non citizen and needs to have a high school diploma to be able to qualify for federal grants. These grants are also free financial aid and need not be refunded to the government. If you are a part time student your financial aid amount will be less than a full time student. Do a thorough research and arrive at exactly how much money you need and accordingly take a loan. After all you need to repay it!
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