Federal Student Aid, Student Aid, Student Financial Aid, & College Financial Aid

Posted by FreeFinancialAidCounseling in Birmingham-Hoover, AL on Aug 28, 2009

There are many types of Federal Student Aid available.  The basic form of aid is the Pell Grant, which is awarded based on need as determined by the FAFSA.  The Pell Grant is not a loan, and therefore does not have to be repaid.  Students with exceptional financial need may also be awarded the Federal Supplemental Educational Opportunity Grant.

Federal Student Aid

Students who do not qualify for a grant may receive other types of aid, such as loans and work-study.  Loans, such as the Stafford, Perkins, and Parent PLUS loans, must be repaid, though the government may pay some of the interest for students with financial need.  Federal Work-Study is a program where a student takes a job on-campus to earn money to help offset the cost of college.  

Though applying for Federal financial aid should be the first step, students are also encouraged to seek private scholarships wherever they are available.  By filing the FAFSA first, and doing independent research, students may find information about:

•    Scholarships for Left Handed Females
•    Scholarships for High School Freshmen
•    Scholarship for Being Left Handed
•    Catholic High School Scholarship
•    Scholarships for Private High Schools
•    African American Scholarships

There are plenty of other scholarship opportunities for students of all backgrounds and abilities.  Just be aware that you should never pay for scholarship information that you can obtain for free.  We are available at FreeFinancialAidCounseling.com to provide any assistance you need, completely for free.

Always keep in mind that the FAFSA is the first step in obtaining financial aid.  Federal aid is considered to be the foundation of all other aid, so completing the FAFSA should be a priority.  Fortunately, the FAFSA is free and easy to fill out!  If you need assistance or more information about the other types of aid available, visit us at FreeFinancialAidCounseling online and a representative will be in touch immediately.  It is up to you to take the first step…isn’t your future worth it?

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