If you're headed to private school, the cost jumps to $25,000 a year. Those numbers don't include books or living expenses. Deciding to get your degree from an online college can save you money. The same financial aid available for onsite colleges is available for online schools. FAFSA forms are available in your high school counselor's office, at most libraries or online.
The FAFSA is the form used for awarding all federal and state financial aid. The first form of financial aid to pursue is a grant. The Federal Pell Grant is awarded based on financial need. Pell grants can be used toward online colleges or traditional schools.
The federal government also provides college loans to students. These loans offer low interest rates and often have flexible payment plans. Some federal loans are based on a student's financial need, while others are available to all students. The federal government also has work study programs to help you pay for school. Work study programs provide jobs for undergraduate students with financial need. The money they earn goes to help pay for education expenses.
Scholarships are another resource for money for college. The federal government and several private institutions are willing to invest in you through college grants, loans and scholarships.
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