The costs of attending college today continue to skyrocket. Many
students are finding it nearly impossible to finance their own
education. With costs exceeding $15,000 a year, getting a part-time job
often isn't the answer. Balancing an education with the demands of a
full-time job is becoming increasing impossible.
Individuals
who want to pursue higher education and need monetary help to attend
college have a couple of options. Self-help federal aid allows you to
get loans and work-study programs. The second option, gifts don't
require repayment.
In addition to the US Federal government, other
organizations offer aid as well. This aid comes in the form of a
college education grant. The great thing about a college education
grant, like the majority of grants and unlike student loans, is that you
don't have to repay the money.
College education grants are based
on need and are highly competitive. These grants won't necessarily
cover all costs of an education, but provide the bridge that can make
educational pursuits possible. These grants are donated by federal or
state governments, non-profit organizations, academic institutions,
research institutions, funding institutions, corporations, and private
individuals.
The key is to start your research early when looking
for college education grant opportunities. Starting during your junior
year of high school is not too early. Anyone who wishes to pursuit a
post-secondary education should complete a Free Application for Student
Aid form and forward it to the department of education as early as
possible. This should be submitted to the state assistance agency in
the state where you hope to attend college or university. You may find
eligibility for more than one grant or scholarship. Many grants are
donated on a first-come first-served basis, so it's best to get
applications in early.
The Federal Pell Grant and the Federal
Educational Supplemental Opportunity grant are two of the most popular
and well-known need-based grants.
The Federal Pell Grant provides
need-based grants to low-income undergraduate and certain
post-baccalaureate students. Students may use their grants at any one of
approximately 5,400 participating postsecondary institutions.
The
Federal Educational Supplemental Opportunity Grant Program provides
need-based grants to low-income undergraduate students for
post-secondary education. Students can receive these grants at any one
of approximately 4,000 participating postsecondary institutions.
Institutional financial aid administrators at participating institutions
have substantial flexibility in determining the amount of FSEOG awards
to provide students who are enrolled or accepted for enrollment.
Start with your local library or high school counselor's office for information about all the financial aid available to you. On the web, an internet search with the words college and grants should prove very useful. Some of the more popular sites such as finaid.org, collegeanswer.com, and the Michigan State Library website are excellent sources for college education grant information.
Start with your local library or high school counselor's office for information about all the financial aid available to you. On the web, an internet search with the words college and grants should prove very useful. Some of the more popular sites such as finaid.org, collegeanswer.com, and the Michigan State Library website are excellent sources for college education grant information.
Finding college for free universities will help a lot in giving students education even though they have no capability of having one.
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