Comments on: Does the financial aid application apply to all grants and scholarships? http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships Information on Scholarships, Grants, And Financial Aid Tue, 22 Jun 2010 22:31:59 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Suddenly Human http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships/comment-page-1#comment-1258 Suddenly Human Sun, 28 Feb 2010 07:54:59 +0000 http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships#comment-1258 The fafsa application IS the application for all federal and state grants, loans and work study. Many people read the first part of their fafsa and think they were "denied" and this is probably not the case with your daughter. It is true she was probably denied the free grants, but anyone can qualify for federal Stafford loans regardless of her or her parents income. Lots of folks see the "you are not eligible for the federal Pell grant" line and never read to the END of the sentence that says something to the effect of... "but you may be eligible for other forms of financial aid such as low interest student loans". So...... she needs to contact her schools financial aid office and let them know she is interested in taking out a loan. If she is a dependent freshman she will be able to borrow 5,500 a year (half for fall and half for spring). If she chooses to attend a school that is more than this, then you can take out a parent PLUS loan for more than this. She also needs to work on reading everything CAREFULLY all the way through to the END from any college that she gets in the mail. Those who fail to do this often times become a statistic (huge misunderstandings and wrong assumptions) as a college drop out. The FAFSA is NOT an application for scholarships. Scholarships are given out on the bases of MERIT... things she has accomplished like high grades or high admission test scores. Grants and loans are given out on the bases of income. The FAFSA application has no questions about her GPA or accomplishments so it isn't used as an application for scholarships. If she wants to apply for those, then she needs to contact her school about what they might have to offer. She might also research other organizations she has a personal connection with (bank, church, civic organizations she belongs to, places of employment or places she volunteers at, your place of employment) to see if they offer scholarships. The schools financial aid office will process her fafsa and collect all the paperwork she needs to turn in to get loans and parent loans (if you want them). Beyond that, it is her responsibility to find the money she needs to attend college. This is why almost 75% of those who start college DO NOT graduate... college is about gumption and self motivation. She will only succeed if she does things herself... in college, no one will do them for her.<br><b>References : </b><br>http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf The fafsa application IS the application for all federal and state grants, loans and work study. Many people read the first part of their fafsa and think they were "denied" and this is probably not the case with your daughter. It is true she was probably denied the free grants, but anyone can qualify for federal Stafford loans regardless of her or her parents income.

Lots of folks see the "you are not eligible for the federal Pell grant" line and never read to the END of the sentence that says something to the effect of… "but you may be eligible for other forms of financial aid such as low interest student loans".

So…… she needs to contact her schools financial aid office and let them know she is interested in taking out a loan. If she is a dependent freshman she will be able to borrow 5,500 a year (half for fall and half for spring). If she chooses to attend a school that is more than this, then you can take out a parent PLUS loan for more than this. She also needs to work on reading everything CAREFULLY all the way through to the END from any college that she gets in the mail. Those who fail to do this often times become a statistic (huge misunderstandings and wrong assumptions) as a college drop out.

The FAFSA is NOT an application for scholarships. Scholarships are given out on the bases of MERIT… things she has accomplished like high grades or high admission test scores. Grants and loans are given out on the bases of income. The FAFSA application has no questions about her GPA or accomplishments so it isn’t used as an application for scholarships. If she wants to apply for those, then she needs to contact her school about what they might have to offer. She might also research other organizations she has a personal connection with (bank, church, civic organizations she belongs to, places of employment or places she volunteers at, your place of employment) to see if they offer scholarships.

The schools financial aid office will process her fafsa and collect all the paperwork she needs to turn in to get loans and parent loans (if you want them). Beyond that, it is her responsibility to find the money she needs to attend college. This is why almost 75% of those who start college DO NOT graduate… college is about gumption and self motivation.

She will only succeed if she does things herself… in college, no one will do them for her.
References :
http://studentaid.ed.gov/students/attachments/siteresources/FundingEduBeyondHighSchool_0910.pdf

]]> By: S. Moore http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships/comment-page-1#comment-1257 S. Moore Sun, 28 Feb 2010 07:49:59 +0000 http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships#comment-1257 Take out loans through Sallie Mae, EdFinancial, or other school loan companies, you can look them up on google.<br><b>References : </b><br> Take out loans through Sallie Mae, EdFinancial, or other school loan companies, you can look them up on google.
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]]> By: Kayla http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships/comment-page-1#comment-1256 Kayla Sun, 28 Feb 2010 07:14:59 +0000 http://yourscholarshipsearch.com/financial-aid/does-the-financial-aid-application-apply-to-all-grants-and-scholarships#comment-1256 yes i think so<br><b>References : </b><br> yes i think so
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