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How to get money for college?
I'm a new immigrant, and I don't have any relatives here, that can help me financially. I want to become a Diagnostic Medicine Sonography technician, and it requires a two year full time program. All the classes are only available during the day, no night or weekend classes and it also requires internship work at hospitals. I can get financial aid for tuition. But working part time would not be enough to pay for living expenses. I would like to know if anyone knows about any grants or loans that I could get that I can payoff after graduation. This program would triple my salary, I also very confident in my ability to be succeed in this field, but I can't start this program without financial aid.
So this means that once I get accepted in the program, and I won't be able to work at all,l will be able to get loans to pay for living expenses through FAFSA or the college I will be going to, even without securing my loan with a property?
1 Answer
- Anonymous1 decade agoFavorite Answer
In order to apply for any student loans and for your school to receive the funds, you MUST fill out the FAFSA form. Do so immediately as the deadline is fast approaching. Plus, they say that the sooner you apply, the more aid you receive. However, I'm not too sure if that is truly the case.
Go to fafsa.ed.org and get started on the application. Also, request a PIN so that you can electronically sign your application.
Grants are pretty much determined by your school and are based on both academic merit and financial need. These are great for students because it's FREE money! You don't have to pay these back. Scholarships are also determined by academic merit and/or financial need. Scholarships can be offered by both your school or by private companies or individuals. Usually there are certain criteria for applying for a certain scholarship, such as gender, race, ethnicity, religion, involvement in community service or sports, etc.
Lastly, if you are offered loans, try to stick with SUBSIDIZED loans since the government pays the interest of these types of loans while you are in school. With UNsubsidized loans, interest will accrue while you're in school--and remember, interest never sleeps!
So to summarize, you shouldn't let money keep you from reaching your career goals (and believe me, I'm in med school and it's VERY expensive). That's why there is financial aid. First complete the FAFSA form and actively search on the internet for scholarships for which you qualify. Take as many grants, scholarships and subsidized loans as you can get. Use unsubsidized loans as a last resort.
Good luck!