Getting Ready To Reap Financial Aid | Access 2 Knowledge

Financial aid is available, even more so in some areas than before. Pell grant monies have increased, even when the majority of people may not qualify. Federal student loan programs make it easy to borrow money for school, but you have to be in the system to qualify. In addition, private schools have their own financial aid packages that they can offer new students. Many of these programs are income-based and for that they require you to get your documentation in order to qualify. Many people are looking towards education to help them figure how to re-train for the best jobs to survive the recession.

It All Hinges On The FAFSA

If you are just seeking out college aid, you may be wondering what this FAFSA is that everyone asks for when looking for financial aid program. The Free Application for Federal Student Aid is the criteria by which most schools and federal programs assess your need for financial aid. Without filling out the FAFSA, you stand no chance of being considered, and it should be done as soon as possible in the year prior to your estimated entrance date. If you plan on entering school in the fall semester of 2010, for instance, you will want to have filled out the FAFSA by the latest March, 1st, 2010. Some schools even ask for it to be filled out earlier, like on February 15th of the previous school year.

Once You’re In The System

You will be asked what colleges you intend on attending so that the FAFSA score you get can be forwarded to them. This will help different schools assign financial aid and they will let you know what you qualify for based on that assessment. It may be hard to believe, but not every school offers the same level of financial aid to their students. It pays to shop around and even consider some Ivy league schools, even though you could never hope to pay the full tuition. These schools are known to provide a larger percentage of financial aide to strong candidates and it can be worth it to see if you qualify.

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Education, Finance | April 14, 2010

By Tia Gray, May 24, 2010 @ 12:33 pm

Financial Aid is much needed these days because of global economic recession.~.`

By PH Paper, December 13, 2010 @ 1:04 am

countries that do need lots of financial aids are those coming from Africa. i could only wish that their lives would become better ,.”

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Getting Ready To Reap Financial Aid

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