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The Four Kinds of Financial Aid

When you apply for financial aid for college, you will probably be given an award letter. This is a document which details how much money you will be given toward the cost of college. However, there are different components to the award letter, and you should be aware of how they will affect you.

The best thing in your award letter is the scholarships. These are given based on merit. For instance, an athletic scholarship is given to a football or cross country star who agrees to play on the school’s sports teams. At Division I schools, athletic scholarships cover tuition and fees, room, board, and books. The student basically only has to pay for his or her toothpaste.

Who Qualifies for Financial Aid?

Your parents owe more on their house than it is worth and their stock portfolios just took a hit. But, they are professionals and make a healthy salary. They tell you that they’re not going to be able to pay for much of your college expenses. You wonder, who qualifies for financial aid?

The truth is that more people qualify for financial aid than take advantage of the opportunity. Financial aid can be broken down into three categories.


Funding Opportunity Number: FR-0000-N-01
Opportunity Category: Earmark
Funding Instrument Type: Grant
Category of Funding Activity: Community Development
Housing
CFDA Number: 14.251
Eligible Applicants Others (see text field entitled “Additional Information on Eligibility” for clarification)
Agency Name HUD

Visit our full grant database for more grant programs


Funding Opportunity Number: CDC-RFA-EH09-903
Opportunity Category: Discretionary
Funding Instrument Type: Cooperative Agreement
Category of Funding Activity: Health
CFDA Number:
Eligible Applicants State governments
County governments
City or township governments
Special district governments
Public and State controlled institutions of higher education
Native American tribal governments (Federally recognized)
Native American tribal organizations (other than Federally recognized tribal governments)
Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education
Private institutions of higher education
For profit organizations other than small businesses
Small businesses
Agency Name HHS-CDC

Visit our full grant database for more grant programs

If you want to qualify for financial aid, you start by filling out the Free Application for Federal Student Aid (the FAFSA). This form gets the ball rolling on all federal, state, and institutional financial aid.

The FAFSA should be filled out as soon as possible after January 1 if you are starting school in the summer or fall. Many financial aid programs require that the FAFSA be completed and submitted no later than March 15 or no funds will be dispursed.

What would be your life after high school?

Graduating from high school is the moment of truth. You need to decide on the path that you will follow after your high school life. There are some who prefer to get a job right away instead of pursuing their respective college dreams while others will join the military as their service to the American people. But a majority of high school graduates are still undecided in terms of what career they will pursue after high school.

However, the most essential thing you need to remember is to do follow the path where God is leading you.

Factors to Consider in a College Budget

Let’s face it, college is expensive. The cost of attendance at a community college is around $10,600 per year for a student living at home while a prestigious four year school can put you back $52,000 when everything is taken into account.

The cost of attendance is the measure of all of your expenses while attending school. This includes not only tuition and fees but also books, housing, food, transportation and other living expenses.

How to Approach Scholarship Essays

Once you have located a scholarship that you would like to receive, you must complete an application. The application process may require that you write a statement of some kind. These compositions can be a big part of the competition. So, here’s how to write scholarship essays.

There are different kinds of essays. Some are similar to normal academic writing. For instance, the Ayn Rand Foundation sponsors an Atlas Shrugged Essay Contest every year which requires that students reflect on the author’s monumental book. Others require specific kinds of research. The National Fire Sprinkler Association chooses a specific law each year and asks students to write their opinion about that law. Still others are similar to the personal statement that you are already writing for your college applications.

Health care continues to be one of the career areas where professionals are still in demand and nursing is about as recession-proof a career as you will ever find, especially with the ‘graying’ population at an all time high. as the number of people who get sick doesn’t decrease when times are bad.

So, the question is – how do you find scholarships for nursing school?

Nursing programs at community colleges and state sponsored four year schools are in heavy demand and that means that even many qualified students are actually being rejected and end up turning to the very expensive private schools and training programs.

Military college benefits are one of the most overlooked and under-utilized ways to get your college education paid for.

You not only get a good education, completely paid for – you also have a guaranteed job after graduation, and no – they are not all in the ‘war zone’! The military offers employment in everything from computer sciences to the medical field.

The top military academies can also be very difficult to qualify for, and in some cases, actually require a recommendation from your local Congressman to get an ‘appointment’.

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