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Everyone should apply for Financial Aid!!
There are 4 kinds of Financial Aid (FA).
- Grants – Free money, given to you to go to school based upon income needs
- Scholarships – Free money given based upon merit (past performance)
- Loans – this is money loaned to a student at a lower than market interest rate, with a structured yet flexible repayment plan.
- Student Worker - At the beginning of every semester, students can apply to be student workers.
**No one ever wants to incur debt that they don’t have to, BUT
… you should always ask for ALL grants, scholarships, and loans when applying for FA.
Remember: You don’t have to take what you don’t need, but you should always have a backup plan
(ie. Loan money available). Unforeseen events can interrupt a college education without warning
(ie. Car repair, health problems, housing issues, etc.)**
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