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The first step in qualifying for all types of federal college grants is filling out the FAFSA form. This form is used to establish your financial need as well as how much federal financial aid you qualify for. To fill out this form you will need tax return information, personal identification information, as well as the code for the college or colleges you are interested in attending.
Federal College Grants uses information from your FAFSA to determine which grant programs you qualify for. Government grants are generally distributed on the basis of financial need or educational merit. If you do not have a lot of money available for your college education, then you should submit your application for both of these types of grants.
You also have the option of accepting student loans if your federal college grant doesn’t cover all of your college expenses. The two most commonly offered student loans are the subsidized and non-subsidized Stafford loans. To apply for these student loans, you will need to speak with your school’s financial aid office to see if they have a preferred lender. If they don’t then you can apply for these loans at almost any bank.
Another option for funding your college education is to apply for scholarships. Scholarship opportunities are advertised in academic journals, professional journals, and a listing can also be found at your college’s financial aid office. Scholarships are usually based on grade point average and application essay. To improve your chances of winning a scholarship it is important to ensure that you follow all instructions provided with the scholarship application, as well as ensure that you submit your application by the posted deadline.
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