Finding money to pay for a college education can be very time consuming and often unclear. Most freshly graduated high school students don’t have the thousands of dollars that a good education requires. To reduce expenses, many high school seniors seek to find grants or scholarships to cover their tuition costs, books, and living expenses. These can be obtained from the college you wish to attend as an incentive to go to their school or because of excellent grades obtained while in school. These are just two of the many ways to gain aid for college.
The first way to find some free money for college to is to fill out the FAFSA, or the Free Application for Student Aid. All this grant requires is your financial information to find out how eligible you are for the assistance, and this is called the Pell Grant. This fund can help pay for up to $5,635 for the school year of 2013-2014. The money does not need to be repaid and can be used once per year, provided that the application is filed each year after federal taxes have been done. This grant is dependent on the information you provide from filling out the FAFSA. This works by giving money to students whose families make under $50,000, but most of the grant money goes to families who make under $20,000.
One of the most common ways to receive free funding for your education is to enter scholarship contests. Some of these will require you to write an essay on a particular topic, and the winner(s) of the contest will be award a designated amount. Many of these are held throughout the year to help students. Dr. Pepper is one company that awards money to many winners for linking your Facebook account to their website and providing a story as to why you deserve to win this money from them to aid in your schooling.
Another great option for students seeking money for school is to utilize scholarships geared towards minorities, different ethnic groups, or religious affiliation, if you fit one of these categories. This also means that there are college grants for people of different religions, prior military service, physically challenged, and more. There are scholarships for people who are musically talented or have survived cancer. If you have a planned career after your college education, there can also be scholarships available for that to help you achieve your goals.
One of the best ways to find scholarships is to meet with a college advisor and let them know that you are interested in finding ways to fund your education. Many of them have information on hand that will allow you find the money you need so that you can avoid costly loans after school. Another way you can find grants is simply through searching the internet with the criteria that matches your situation. Searching and applying for them is truly worth the effort. Any dollar earned from a scholarship or a grant is free money that never needs repaid, and that makes it worth the search all in itself.