Financial Aid For College – Public and Private Financial Assistance

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Financial Aid for College, educational funding for furthering your education, should not be hard to come by and usually comes in a variety of ways. It may include some, any or all of the following: ? Federally funded campus employment through the college financial aid office, based on financial need and at minimum wage. ? Grants: “Free” money that the student does not have to pay back. ? Loans: Money that has to be repaid, usually with a low interest rate and deferred payment until after the student graduates. ? Scholarships: Merit awards that do not have to be repaid. ? There are also tuition payment plans and commercial financial instruments to consider as part of this equation, saving and/or borrowing the money, benefactors, private and public financing options.

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Federal Student Financial Aid–Counselors Handbook
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Financial aid for college: tips for the new FAFSA form
For students in need of financial aid, the new Free Application for Federal Student Aid (FAFSA) becomes available online Saturday.
Read more on The Christian Science Monitor

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