How Students Can Qualify For Free Money
Thursday, November 20, 2008, 1:23 AM | Leave Comment
If you are a student, free money, also called grants, scholarships, or gift aid, is the best kind of financial aid because you don’t have to pay it back. Of course, there is a limited amount of money. Research shows that only about 50% of all college students get any of this free money. Still out of the 50%, most of those don’t get all they need.
However, if you know who gives it away and whom they like to give it to, you can increase your odds of collecting some of the free money for your education.
Criteria for Qualification
- Need
The student must qualify as financially needy, usually by filling out the Free Application for Federal Student Aid (FAFSA) or the CSS/Financial Aid PROFILE.
- Merit
The student is being rewarded for good grades, athletic skills, musical talent, etc. Check out National Merit Scholarship Corporation.
- Employment benefit
The student or parent’s employer offers tuition assistance. Learn tips for getting your employer to help fund your education.
- The book paying for college without going broke will definitely help you.
