Fed Financial
Financial Aid?
I own a house and 2 cars with some other things under my name and I tried to get financial aid so I can go to school, but one of the counselors advised me that I wouldnt qualify because if the government see that I can pay for my own house, why cant I pay for school BUT they dont get the whole picture. I got the house to help my family out because of problems in the past and I'm not paying anything, but the government doesnt see it that way, so does anyone know of any way I can get some financial aid help without getting a loan??? Maybe a grant? I have no clue, I JUST NEED HELP! First time student!!!!! I NEED ADVICE!
Public Comments
- Federal aid sucks that way. Keep this in mind about government aid for school: it's basically separated into loans, grants, and work study. So you may as well apply (http://www.fafsa.ed.gov/) because you have nothing to lose. You may not get grants (aka: free money) but you will probably be offered a loan, or maybe work-study which would basically just be a job on campus. You're under no obligation to accept any of the aid offered, so just apply anyway and if you need a loan in the end, at least you know you have that option. As for other ways to pay for school, apply for scholarships! Go the financial aid webpage for the school you want to go to, and look into what scholarships they offer and apply for them when you can (some schools let you apply when you fill out your application for admission, some require you be admitted before you apply). Then, look into private scholarships, not associated with your school. There are literally thousands of scholarships out there equaling millions of dollars in free money just waiting for someone to claim it. It may seem like a bummer to have to fill out applications and/or write essays in order to be considered, but if you do a good job and win the scholarships, then it's worth it. Treat scholarship hunting like a job -- put in the hours, and it'll pay off, assuming you have a decent academic background. DON'T pay for scholarship searches. There are plenty of free websites out there where you can get listings of stuff that applies to you, including http://www.fastweb.com/ If the scholarships don't pan out, or if you don't get offered grants when you apply for financial aid, then you may just be stuck with loans. If you are really serious about school and your future, then this may still not be a horrible option. Work hard at whatever school you go to and get to a good job/career, and you'll be paying off those loans in (hopefully) not time. Plus the interest rates and payment timeline on student federal loans are fairly reasonable. You won't be required to pay off until after you are done with school, and even then the interest rates aren't terrible compared to private loans. Hope this helps.
