Yes, You Can Afford to Change Your Future.
Our financial aid representatives make it easy.
If you’re worried you can’t afford to go to school, think again. Over 90 percent of our students rely on at least some financial aid to reduce their personal costs of going to school. There are four basic ways to pay for school:
These are usually based on merit (good grades) or need and don’t have to be paid back. Many scholarships come from private or non-profit organizations. It’s surprising how many scholarships are available, so always be sure to apply for any scholarship that relates to you and continue to apply throughout your college career. Check out this guide to scholarships. When seeking scholarship resources, also look to your public library, public and private organizations and state agencies.
Like scholarships, grants don’t usually have to be paid back and are typically based on need. You may be eligible for a federal or state grant.
Loans must be paid back with interest. Government-sponsored loans typically have low interest rates. To apply, start by filling out the Free Application for Federal Student Aid (FAFSA). Banks also offer student loans, but usually charge a higher interest rate.
4. Your Money
Whatever isn’t covered by these tuition assistance programs must come out of your own pocket or be paid for with loans, which must be paid back with interest. This is what’s called your “net cost” of tuition. This can be money you or your family has saved for your education or money you earn while going to school.
The good news: Net tuition costs (what’s left to be paid beyond what’s covered by financial aid) are usually much less than you think and well worth the investment.
The point is, virtually everyone you see on our campus had similar questions and challenges to overcome. Yet, they’re here – and you can be too. If you have questions about how to pay for college or how to apply for student loans, call 866-685-8377 today to make an appointment with one of our financial aid representatives. Our team can advise you about the best financial aid programs for students and personally walk you through the application process.
First Things First
How to apply for financial aid.
The first step in applying for financial aid always starts with filling out the FAFSA form. It’s free. Before you start, here’s what you’ll need to complete the application:
- Your social security number
- A FAFSA PIN number (click here to get yours)
- A copy of your most recent tax return (and your spouse’s return if you file separately or your parents’ return if you are claimed as a dependent)
- Your most current W2
- Your driver’s license or state ID
Call us today or click here if you have questions.
Paying Back Your Loans
It’s your legal obligation.
Student loans are a great tool. They enable many students who wouldn’t otherwise be able to afford school to attain great educations and successful careers. But loans must be repaid, with interest. Here are tips for using student loans wisely.
- Never borrow more than you really need to go to school. It’s better to live on a tight budget now than to add years to your loan repayments.
- Don’t sign anything that you don’t understand. If you have a question, ask one of our financial aid representatives. They’re always here for you.
- Make your loan payments on time. If you find the payments are too large or you can’t make a payment, don’t simply skip the payment. Call your lender right away or call one of our financial aid representatives. You may be eligible for a deferment or forbearance. Sometimes lenders will let you negotiate a more manageable payment plan, especially if you ask for help before you get behind. Learn more at www.studentloansolutions.org.
- Always open your mail and read everything that comes from your lender. Store all of your loan documents and correspondence in a dedicated loan file.
Commit to repaying your student loans even before you borrow. Defaulting can have a negative impact on your employability, your credit rating and your future. In other words, it can undermine your whole reason for pursuing a degree in the first place. So commit to doing what other successful graduates have done and always pay back your loans as promised.
*Financial Aid is available for those who qualify