It’s time to make your college dream a reality! Use the information below to get the money you need to pay for your college education. And pay attention to deadlines…missing one could cost you to lose out on big bucks!
Learn the Financial Aid Language
Unsubsidized loan– accrues interest while you are in school and during repayment
Subsidized- DO NOT accrue interest while you are in school and during repayment
Stafford – loans awarded in two forms (1) subsidized and (2) unsubsidized
Pell Grant– Federal grant by the Department of Education
SEOG– Supplemental Educational Opportunity Grant
Institutional – school awarded scholarships based on academics, athletics, extracurricular, leadership, etc.
Miscellaneous – scholarships sponsored by corporate companies, organizations, businesses, student’s high school
Distributed and processed by the U.S. Department of Education, the FAFSA collects the information required to determine need and eligibility for financial aid. It is needed in order to apply for virtually all Federal Title IV student aid programs, including Pell Grants, Stafford Loans and the campus-based programs. The FAFSA opens on October 1st of every year and must be completed for every year a student intends to enroll in a post-secondary program.