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How can I get money for school?
I don't have the best credit and I don't have a parent that can get a loan for me. What other options do I have to get money for school? I'm planning to attend a trade school that costs $20,000.
3 Answers
- 1 decade agoFavorite Answer
yeah... even if FAFSA doesn't qualify you for a grant, you will be able to take out a loan... just go to the website, fill out the form with all your tax info, and they'll get back to you in a month or so.
Source(s): www.fafsa.com - porthos44Lv 41 decade ago
You have to fill out a FAFSA on-line. It all depends on how much you made last year to see how much you get. The longer you stay the more you get, you have to be serious in college. I don know anything about trade school it might be a state thing, states give grants. Fill out your fafsa today is a good start.
- 1 decade ago
Finding money for college is as important as getting good grades. There are five basic sources of funds for college, but these may not all be available to you.
The first source of funds for many students is money from their parents. Whether your parents are contributing your full tuition or just a few hundred dollars, be thankful. Not every family can afford to save money for college educations. No matter how much money or how little your parents can contribute, appreciate the funds. Many students who get a majority of their education paid for by their parents, don’t appreciate the cost or sacrifice their parents made. Be grateful for money from your parents, they could spend it elsewhere.
The second source of funds is scholarships. Scholarships come in a variety of forms, but are generally considered to be "free money" for college. Unlike loans, scholarships don’t have to be repaid. There are many, many scholarship opportunities. Several different types of providers issue scholarships: clubs and organizations, charitable foundations, businesses, schools, universities, government agencies, and many others. Anyone can get scholarships, not just A+ students. Some scholarships are for athletes, some scholarships are for studying in certain fields, some scholarships are because you went to a certain grammar school, others are because of the clubs or organizations your parents belong. Some scholarship providers just want to reward students for living in their community. In addition, scholarships are not just available to those starting college, you can apply at anytime during your tenure at college. Finding scholarships can be a very time-consuming process, check with your high school guidance counselor or your college’s finance office for available scholarship opportunities. There are also web based tools, like ScholarshipExperts.com, that offer a fast, safe way to find scholarships.
The third source of college funds is student loans. There are two sources for student loans, the federal government and loans from private lenders, like banks. In order to obtain most federal student loans, you will need to file the Free Application for Federal Student Aid (FAFSA). In most instances, the FAFSA is required for federal student loans. If you are looking for private loans, you have many options. Always shop for the best interest rate for your loan. Ideally find a loan that you don't have to start repaying until you graduate. Check with your college financial office for tips and suggestions for identifying loans. There are also a number of online tools, like eStudentLoan.com, that allow you to search loans from many different financial institutions.
The fourth source for college is joining the military. All branches of the military and the reserves offer some education benefits. The Montgomery GI Bill (GI Bill) offers active duty service members and veterans a monthly tax-free benefit, valued at more than $37,000, that can be used for tuition, books, fees, and living expenses while earning a degree (including undergraduate and graduate degrees) or attending a trade school. This option may not be for everyone, but it is a very honorable way to get your education.
The final source of college funds is working during college. Many colleges and universities have jobs on campus. These jobs can be very convenient and may have benefits that are not available at off-campus jobs. Check out these opportunities first, then look to other off-campus job opportunities. Make sure you find employment that works with your college schedule (see our time management tips). If you are looking to graduate school, you may consider working full-time and going to college part-time. Many employers will pay for all or a portion of your tuition. Although this option takes longer to get your degree, the savings and real-world experience gained can be very beneficial.
Good luck finding the funds you need for college!
Source(s): http://www.effortlesshonors.com/