Welcome To Student Financial Aid!

One of the most important decisions you are going to make during your life is whether to advance your education by going to college. Along with the decision of going to college is having the ability to pay for your college education.

You have several different options to help pay for your college education. The first option to pursue is known as "Free Money". This includes college scholarships and grants that you don't have to pay back!

College Scholarships are typically awarded to students for academic excellence. There are over a million scholarships that are available, you just need to find the ones that are right for your degree click to continue...

Once you have a list of college scholarships that you want to apply for, be sure to follow these scholarship tips to improve your chances of being awarded the scholarship.

Student Grants are awarded to students that can show a financial need to help pay for college. Most college student grants are provided by government agencies or the universities. To know if you qualify for a federal student grant you will have to submit your Free Application for Federal Student Aid (FAFSA).

Fortunately for you, there are a lot of different ways to get assistance in paying for college. You just need to know where to look. There are federal, state, and private programs that offer college scholarships, grants, and loans to help fund your college education. This source of college funding is known as Student Financial Aid.

The purpose of this student financial aid website is to provide you with important information and useful links to articles and websites that will assist you in making good financial aid decisions.

One of the first things to remember is that most of this information is available for free. You can locate the college scholarships and college grants by yourself and fill out all the applications without paying anyone to help you. There is a lot of very useful student aid information that is available. You just need to know how to find and use that information.

Ok, let's get started helping you get money to pay for your college!

The first thing you need to do is complete and submit your Free Application for Federal Student Aid, also known as FAFSA. You are required to submit your FAFSA application if you want to apply for any federal student grants or federal student loans.

Next, we recommend that you spend time looking at college scholarships that are offered for the college you are attending or for the major you are pursuing. There are more than 1.5 million college scholarships worth more than $3.4 billion available! Competition can be difficult for some of them, but there are many other scholarships that very few students know about. Get more information about college scholarships click to continue...

Federal student grants should also be at the top of your list for college funding. The great thing about federal student grants compared to federal student loans, is that student grants don't have to be repaid! There are many different federal student grants, but perhaps the best known is the Federal Pell Grant click to continue...

Depending on how much college money you will need and your success in being awarded college scholarships and student grants, you may need to consider applying for a federal student loan. Student loans are like other loans, they have to be repaid. This is a very important point that you must remember when applying for and accepting a federal student loan click to continue...

You need to be aware there are two different types of federal student loans. They are subsidized federal student loans and unsubsidized federal student loans. The main difference between the two types of loans is whether you have to pay interest on the loan while you are attending college click to continue...

Remember... in order to be eligible for ALL federal student grants and federal student loans, you have to submit your Free Application for Federal Student Aid (FAFSA).

If you have applied for college scholarships, federal student grants, federal student loans and still need money to pay for your college, you can consider private student loans.

Private student loans are based on credit, and that is where your credit score becomes important. If you have no credit or a low credit score, you will not qualify for a private student loan unless you get someone with good credit to co-sign the loan with you. As with federal student loans, you must pay back your private student loans with interest. The best advice when considering a private student loan is to shop around click to continue...

Repaying your student loans is very important. Unfortunately, while you are going to school, it is difficult to get a job that allows you to pay off your student loans. That means in most cases you will still be repaying your student loans after you have graduated. The important thing to remember is to avoid default by making your student loan payments on time click to continue...

If you have several federal student loans you may want to consider consolidating your student loans. There are several advantages to student loan consolidation click to continue...

There are a couple of very specific student loan forgiveness programs available that may allow your student loan to be forgiven. That means if you qualify under one of these programs, you do not have to pay off the total amount of your student loan click to continue...

We hope that you have found this website and associated links useful in planning for your future and making good decisions regarding your student financial aid.

You can find additional information on the What Is Student Aid website.