Financial Aid
Funds for college are at a historic high, which means that finding money for your degree has never been easier. In 2006 the Department of Education will make or guarantee more than $60 billion in student loans - a $4 billion increase over 2005 levels. Overall, $82 billion in grants, loans and other assistance are expected to benefit more than 10 million students. There are many options for financial aid and a federal application for aid is FREE at http://www.fafsa.ed.gov.
Various student resources and services for financial aid are available on the Internet. These can assist students in locating scholarships, gaining financial aid information, calculating estimated school cost, and more. By clicking on the links below you will be leaving the CollegeAidAward.com site.
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College Costs and Cost of Attendance
In 2004-2005, the average in-state full-time tuition and fees per year for an undergraduate at a four-year public university was $10,720. (Source: National Center for Education Statistics, Higher Education General Information Survey.) Typically, community colleges cost less and private schools cost more.
When you apply for federal student aid, the financial aid administrator at your college or career school uses your cost of attendance (COA) in determining how much aid you may receive. The COA is the total amount it will cost a student to go to school-usually expressed as a yearly figure. It's determined using rules established by law.
The COA includes tuition and fees; on-campus room and board (or a housing and food allowance for off-campus students); and allowances for books, supplies, transportation, loan fees, and, if applicable, dependent care; costs related to a disability; and miscellaneous expenses, including an allowance for the rental or purchase of a personal computer.
Fiancial Aid Resources
FAFSA
on the Web - You can apply for student financial aid by
completing the Free Application for Federal Student Aid (FAFSA)
online.
Upromise
- A very powerful savings program that allows family or future
students themselves to save money for a college education
by saving a percentage of all current credit card sales, using
specialized loyalty cards, shopping online at their website,
and other special promotions.
College Answer - CollegeAnswer.com is the Internet's premier guide to college admissions and financial aid. It offers advice and tools to expedite, simplify, and optimize the admissions and financial aid processes."
College Answer Free Scholarship Search - Your search will provide access to an award database that contains more than 2.4 million scholarships worth over 14 billion dollars, and is expanded and updated daily by our partner Scholarship Experts.
U.S.
Department of Education: Federal Student Aid - Site with
information about Federal grants, loans, and work study programs
for financial aid applicants.
Student Guide - Financial Aid (US Department of Education)
(.pdf file)
The Student Guide is the most comprehensive
resource on student financial aid from the U.S. Department
of Education. Grants, loans, and work-study are the three
major forms of student financial aid available through the
federal Student Financial Assistance Programs. Updated each
award year, The Student Guide tells you about the programs
and how to apply for them.
Click here to access the Scholarship Directory
Financial Aid Awareness
The Student Aid Alliance - The Alliance is a coordinated effort to increase funding for the federal student financial aid programs. This site includes sample letters to Congress, a concise statement of Alliance priorities, and a listing of Alliance member organizations (which includes NASFAA). There is also a very comprehensive F.A.Q. page.Scholarship Scams - Page with information regarding common scholarship scams and how to be prepared for them. It gives tips on learning to spot them and avoid them.
Department of Education websites by State
Click here to access Scholarship Directory
DISCLAIMER: The links listed above are provided solely as a convenience for our users. CollegeAidAward.com has no control over these websites or their content and does not assume any responsibility or liability for these websites
