Investigating the financial options available to you may prove to be an effective cost-saving measure and, in some cases, may help narrow the list of schools to which you apply. Financial assistance ranges from loans to fellowships to scholarships. You will find that some assistance is allocated on the basis of need while other funding is awarded for merit, special achievements, or service to the institution. Knowing what is available from governmental or private sources will enable you to capitalize on every opportunity to receive financial support.
Some deadlines for financial assistance may be earlier than the admissions deadlines. Pay close attention to eligibility requirements, application procedures, and deadlines. The faculty and staff at the institutions you are considering are excellent resources for learning about financial assistance programs.
Following are several web sites devoted to financial aid information:
- FastWeb: lets students create a personalized profile that can be matched against a database of scholarships.
- FinAid: a comprehensive collection of information about student financial aid.
- E Student Loan: for loan comparisons and on-line applications
- Scholarships.com: a free scholarship search service, and financial aid resource.
- Free Application for Federal Student Aid (FAFSA): provides information on the application needed for federal student financial aid.
- Free Scholarship Searches: has links to several no cost scholarship search sites