Financial Aid Options
what available financial options are for me
Let's sum it up! Compiled below are the financial aid options listed for undergraduates, graduates, parents, and continuing education students.
Below are four (4) groups and the available financial aid options
Page Topics:
financial aid options
Options for Undergraduates
As a first-time or returning undergraduate student, your best options begin with the federal aid program. This requires your filing the FAFSA form for each year your are in school:
Aid Options
- Grants:
see if you qualify for any federal or school grants. This is FREE money that doesn't have to be repaid: view information - Scholarships:
start searching for FREE scholarship money. Check with your school, community, and affiliated organizations: view information - Perkin Loans:
available for undergraduate students with exceptional financial need. Maximum annual limit: $5,500: view information - Fed Stafford Student Loans:
get the maximum amount of federal Stafford student loans as possible. The available amounts will increase each academic year: view information - Private Student Loans:
if you need additional funds that are not subject to federal regulations or loan amounts, check into private student loans. You can borrow up to the full accredited cost of education.
Undergraduates may defer repayment until six months after graduation or ceasing to be enrolled at least half-time. Immediate and interest only repayment options are also available. Comes with variable and fixed-rate options: view information - Other College Financial Aid:
view other financial aid options such as loan forgiveness, state aid programs and savings: view information
financial aid options
Options for Graduates
New expanded PLUS loan options allow graduate and professional students to borrow up to the full cost of education minus any other financial aid received:
Aid Options
- Grants:
most federal grants are for undergraduate programs only. However, your graduate school may offer special grants that support your field of study: view your school for information - Scholarships:
there are plenty scholarships available for graduate students in particular fields. Complete a thorough search for all the FREE scholarship money: view information - Perkin Loans:
available for graduate students with exceptional financial need. Maximum annual limit: $8,000
view information - Fed Stafford Student Loans:
graduates can borrow up to $20,500 or more for each academic year: view information - Grad PLUS Loans:
you can borrow up the full cost of your graduate program minus the available Stafford loans amount and other financial aid received: view information - Private Student Loans:
if you need additional funds that are not subject to federal regulations or loan amounts, check into private student loans. You can borrow up to the full accredited cost of education.
Graduates may defer repayment until six months after graduation or ceasing to be enrolled at least half-time. Immediate and interest only repayment options are also available. Comes with variable and fixed-rate options: view information - Other College Financial Aid:
view other financial aid options such as loan forgiveness, state aid programs and savings: view information
financial aid options
Aid Options for Parents
Parents can help their student children in several ways. You can borrow money against your own name or co-sign for a private student loan that your student will be obligated to repay after they graduate:
Aid Options
- Parent PLUS Loans:
you can borrow up to the cost of attendance minus any financial aid received by the student. PLUS loans are subject to credit approval: view information - Home Equity Financing:
if you own a home with some equity value, you can borrow against your home equity to pay for education costs. Use the your credit line as your money account. You must have working income for the program to work: view information - Private Student Loans:
if your students needs additional funds that are not subject to federal regulations, check into private student loans. By co-signing the note, the student can borrow up to the full accredited cost of education.
Students may defer repayment until six months after graduation or ceasing to be enrolled at least half-time. Immediate and interest only repayment options are also available. Comes with variable and fixed-rate options A co-signer release is available after 12 consecutive monthly payments: view information
financial aid options
Aid Options for Continuing Ed
As continuing-ed student going to school less than half time, you will not qualify for federal aid assistance. You best options are available below:
Aid Options
- Private Student Loans:
You can borrow up to the full accredited cost of education. (Note: the terms of deferral of Continuing Education loans varies with program type): view information - Scholarships:
some continuing-ed programs may qualify for scholarship money. It wouldn't hurt to do a search: view information - Home Equity Financing:
if you own a home with some equity value, you can borrow against your home equity to pay for education costs. Use the your credit line as your money account. You must have working income for the program to work: view information
Helpful Tools
Some helpful tools for making decisions:
(from our companion site: www.SayStudent.com)
