Humble beginnings should not be a barrier for higher education. Thanks to the generosity of a plethora of institutions, financial aid may cover part or all of your college tuition, books, and even livin
Humble beginnings should not be a barrier for higher education. Thanks to the generosity of a plethora of institutions, financial aid may cover part or all of your college tuition, books, and even living expenses. Knowing who is willing to pay for your school will make it easier to find the right aid for your circumstances.
Your total financial aid package may include funding from the following sources:
The federal government funds over $78 billion in financial aid each year, disbursed in the form of:
Most states offer some form of financial aid, in the form of grants, loans, or scholarships, to in-state students. Some states even offer assistance to their resident students to attend school in another state. It is possible to apply for most state programs using the Free Application for Federal Student Aid (FAFSA). Be sure to research your own state program because some may require a separate application. For specific details about assistance programs at the state level, contact a financial aid office at a school in your state.
Many colleges and universities have institutional funding programs that offer grants, scholarships, loans, and work programs to students who qualify. In addition to undergraduate opportunities, many colleges and universities also offer graduate teaching assistantships and research fellowship programs. The graduate department generally has more information on aid opportunities tailored specifically to graduate students.
Banks, local businesses, and individual donors in your area may be able to fund your education with scholarships, grants, and loans.
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