English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2 answers

What kind of funding sources? Federal? Private? Loan? Grant?

Federal Loans & Grants:
If you don't have an allocation of Campus-Based Aid like Federal Perkins, Federal SEO Grant, and Federal Work-Study, apply for it using the FISAP (it's not a fun application and you may not get much, but every dime helps, right?) Apply here: http://www.ifap.ed.gov/IFAPWebApp/currentCBPMaterialsListPag.jsp?p1=FISAP+Form%2FInstructions&p2=c

Private Loans:
For private loan options, FinAid.org has a great list of private loans that your students can select from: http://www.finaid.org/loans/privatestudentloans.phtml . And if you need loan brochures, contact your lender rep and you'll get more than you could ever imagine needing. For our students, we weighed all our options and picked Sallie Mae's Signature Loan, Citibanks' CitiAssist, and the TERI loan through Citizens Bank. Every school seems to pick different loans, though -- your choices have to reflect the lifestyle of your students. Are they going to enter high-paying jobs? Or are they likely to have difficulty keeping track of their payments. I picked one loan (not listed above, since it's specific to Massachusetts schools) specifically because it offers a fixed-rate option that I thought would benefits our students who won't take the time to monitor their every-changing interest rates. But it really depends on your and your students. You should, however, keep your students' interests at heart, as tempting as it can sometimes be to focus on what you as a school might prefer (i.e. ease of processing).

Private Scholarships/Grants:
There are so many of these that you can't possibly spend all your time tracking them down for your students. You can give them a taste of what's out there by sending them here: http://www.finaid.org/scholarships/ (to click on all the links)

Then tell them to look for their own private scholarships at their local libraries, churches, clubs/associations, and high schools, as well as online at any of these sites.
http://www.fastweb.com
http://www.srnexpress.com
http://www.scholarships.com
http://www.scholarships101.com
http://www.finaid.org/scholarships
http://apps.collegeboard.com/cbsearch_ss/welcome.jsp
http://services.princetonreview.com/default.asp?RUN=%2Fcollege%2Ffinance%2Fscholar%2FscholInterview%2Easp&RCN=auth&RDN=7&ALD=http%3A%2F%2Fwww%2Eprincetonreview%2Ecom
http://www.collegeanswer.com/paying/content/pay_free_money.jsp
----------------------
For advice of this ilk, I highly recommend joining up with a professional financial aid association. Every state has their own and there are regional and national (NASFAA) associations. These associations provide wonderful forums for sharing ideas, solving problems, establishing outreach programs, and networking. For a list of these associations, try: http://www.nasfaa.org/annualpubs/regstateweb.html

2006-06-06 10:16:31 · answer #1 · answered by FinAidGrrl 5 · 0 0

interior the U.S., faculties are no longer funded fullyyt by technique of assets taxes. There are additionally different federal money, meant relatively to handle the inequtities that occured while community taxation replaced into the only source of faculty money. (FWIW, I stay in a reasonable sized city with one college district. All faculties get the comparable money in step with student. And, whilst the college district is often seen to be a surprisingly stable one, there are somewhat faculties that are seen 'extra effective' than others. With the variation being basically because of the student physique -- interior the 'poorer' faculties, pupils circulate around plenty, get little help from domicile, are often eligible for loose lunches, etc. interior the main suitable faculties, maximum pupils are greater middle classification with heavily in touch mothers and dads, etc. So... in those 'damaging' faculties, plenty money desires to bypass into remedial courses, better centers (social workers, one-on-one tutors, etc.), whilst interior the wealther faculties, the money could be spent on theater courses and different sweets.

2016-11-14 07:18:25 · answer #2 · answered by Anonymous · 0 0

fedest.com, questions and answers