Financial Aid (Visit this link)
There are many federal, State, and private financial-aid programs that offer loans, grants, and work study jobs to help students pay for a college education. To apply for them, you need to complete the Free Application for Federal Student Aid (FAFSA) form. The US Department of Education uses this form to determine how much aid you are eligible to receive. You may also want to work with a financial-aid counselor at the school to explore options, answer questions, and assist you through the process.
The financial aid process usually takes several weeks, or months, so it is helpful to apply far in advance of the first day of class. You can even apply before you are accepted at a school. It is important to pay attention to the date on which the applications are due, as late applications are not accepted.Need based financial aid includes:
- Grants: gifts or scholarships that do not need to be repaid.
- Loans: borrowed money, which must be repaid over a specified period of time.
- Work: you earn money through a job that the school has helped you to obtain.
Note: If you receive SSI, some student financial assistance used for school costs (like tuition, fees, books, and supplies) may not count the same way as cash for living expenses. If you receive SSDI, grants generally don’t reduce SSDI payments.
Further resources on financial aid and help to begin the process:
The Free Application for Federal Student Aid (FAFSA)
studentaid.gov/h/apply-for-aid/fafsa
The Financial Aid Information Page
www.finaid.org
Federal Student Aid Information Center (FSAIC)
Phone: 1-800-433-3243
TTY: 1-800-730-8913
Mail: Federal Student Aid Information Center, P.O. Box 1854, Monticello, KY 42633
Online help/contact: studentaid.gov/help-center/contact
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