Where to Apply for Financial Aid?

Answer 1

For many students, finding financial aid for college is a difficult task. However, there are many resources available to help students with the process of finding money for school, including federal, state, and local programs in addition to financial aid support within colleges and universities.

One of the first things to do when applying for financial aid is to fill out the Free Application for Federal Student Aid (FAFSA). This application can be found online at www.fafsa.gov. This application is required for student loans from the federal government, including Stafford loans and federal grants. Many schools also require that students fill out the FAFSA before enrolling, although this varies from school to school.

Another place to look for help applying for financial aid is at the school itself. Most academic departments fund some type of scholarship for incoming students, and the financial aid offices at colleges and universities are aware of these types of aid available. These offices can also help students find local sources of aid from community organizations, businesses, and individuals who provide scholarship money. There are also a number of foundations that provide scholarship money for students who apply, although the criteria varies by foundation. The financial aid representatives are available for students to ask questions and to complete the application process in the most effective way.

States are also a good place to look for financial aid for college. This is especially true if a student decides to attend an institute of higher education in the state in which they grew up. Many states offer scholarships or grants to students who stay in their home state for college, although there are also opportunities for out-of-state students as well. Sometimes bordering states will offer students within their region in-state tuition as well, which greatly reduces the cost of education. Applications and deadlines for state funding are typically found on that state's Department of Higher Education website. If applying for this type of aid, always read the applications instructions carefully to ensure the best chances of winning one of these financial aid awards.