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Everything comes at a price and education is no exception to the rule. Luckily, most online colleges and universities today offer lower tuition fees than your traditional ‘brick and mortar’ campus school. However, even if you were to make the choice to enroll in an online college, the cost will continue to remain a significant portion of the average student income.
The good news is that there are many financial aid solutions that can help you along your path to an education. Financial aid is a great way to invest in your future without having to struggle with the increasing upfront costs of a college degree. Many qualify for some type of financial aid. Whether you receive financial aid through the federal government or through private financial institutions such as your local bank, there should be little trouble involved in receiving the money you need to start a successful path as a student.
Most people begin the financial aid process by filling out the Free Application for Federal Student Aid (FAFSA), offered through the federal government. After the application process is completed, you will be notified and either rewarded a financial aid package or denied financial aid completely. If you are awarded a financial package by the federal government it may include grants, scholarships, and loans such as the Stafford or Perkins loans, to name a few. If you do not qualify for federal financial aid, then the next step would be to apply for a loan at your local bank or inquire into the other various federal financial aid and state run programs by following the links below.
Helpful links on financial aid and lending institutions:
-Federal financial aid programs awarded by FAFSA
-Great local information about your states department of education and the financial aid and scholarship programs they offer.
-Links to other federal government institutions such are religious and community organizations providing financial aid.