NAVIGATING FINANCIAL AID
Student financial aid is funding that is intended to help students pay education-related expenses i.e. tuition, fees, room and board, books, and supplies. It can be in the form of scholarships, student loans, and government merit- and need-based student aid including grants, work-study, low-interest, government-subsidized loans, and education tax benefits.
In order to apply for government aid, students must fill out the Free Application for Federal Student Aid (FAFSA). The application must then be submitted either electronically to the U.S. Department of Education or by mailing a paper form. A student's aid application (FAFSA) can be submitted as early as January 1 before the summer or fall when the student plans to enroll in college and must be re-submitted with updated information each year. The Department of Education processes each request and gives the student an estimate of what the student and his/her family are expected to contribute toward college expenses (Expected Family Contribution or EFC). The college/university to where the student is applying to will determine how much federal, state, and college-specific aid the student will receive.
The U.S. Department of Education has a good Federal Student Aid website to help students prepare for college and meet its expenses. It helps answer questions like: how do I prepare for college? What kind of aid can I get? Do I qualify for aid? How do I apply for aid? And how do I manage my loans? You can check it out at http://studentaid.ed.gov/.
Make sure to also check out the following links to help you get ready for college and start pursuing your dream of a higher education.
RESOURCES FOR TRAINING
Training Programs in the Biomedical Sciences
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