Free money… seriously!

Before you dive into federal aid, take some time to discover all the free money that’s out there to help you pay for college.

Grants and scholarships are considered “gift aid,” which means you don’t have to pay it back. They can make a big difference in funding your education.

They can come from a variety of sources: private employers, corporations, foundations, civic and religious organizations and individuals. And, some colleges and universities even offer grants, scholarships and short-term loans of their own.

A great site to check out for grants and scholarships is federalstudentaid.gov. Be sure to check with your guidance counselor as well!

Grants

The Federal Pell Grant (PELL) assists undergraduate students with financial needs while attending any eligible public or private school. You can get application forms from the university/college financial aid office.

Federal Supplemental Education Opportunity Grant (FSEOG) assists undergraduate students with financial needs while attending any eligible public or private post-secondary school.

Scholarships

These are usually awarded for strength in academics, athletics or a specific field of study. They can also be awarded based on ethnic background, religious affiliation and other special interests. Check with your parents, religious organization or any extra-curricular clubs you’re in!

To read more about scholarships, click here. »

---

To start the process for federal assistance, proceed to the next section!