Financial Aid Tips

Financial Aid Tips

Follow these tips to help fund your educational expenses.

  • Explore all your options. Don’t assume you won’t be eligible for financial assistance. There are many types available.
  • Financial aid can be based on need, income, merit or academics.
  • Talk with the schools you are interested in attending.
  • Ask your current employer about tuition reimbursement programs.
  • Ask your counselor to help you identify information on financial aid.
  • Complete the FAFSA. It’s used to apply for student federal financial aid and is often required by other financial assistance programs.
  • Don’t limit yourself to just one type of assistance.
  • Start early so you don’t miss any deadlines.
  • Don’t be afraid to ask for help.
  • Beware of scams — do not pay or give your credit card number to anyone who says they will guarantee you a scholarship or a grant.

Other Points to Consider

  • The cost of an education varies depending on the type of school you choose and your study program. If you’ll be working toward a bachelor’s degree, you may want to spend your first two years at a community college and then transfer to a four-year school. Community colleges are typically less expensive. Make sure your courses will transfer to the school you want to attend.
  • Remember that scholarships may make a more expensive school affordable.
  • Some degrees will allow you to earn while you learn. For example, in nursing, you can earn LPN certification in one year or become a registered nurse in two years. While you are working as a nurse, you can continue your education.