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Colleges have different deadlines, scholarships come with various eligibility criteria, and grants can require some paperwork that takes time to gather. Heres a quick review of what financial aid actually refers to: Grants: Money you dont have to pay back (yay!). Now Enrolling: College Financial Aid Advising for the Class of 2026-2027!
There are three main types of financial aid: Grants : These are usually need-based and dont need to be paid back. FAFSA Your Key to Financial Aid The Free Application for Federal Student Aid (FAFSA) is a form youll need to complete in order to be considered for most types of financial aid, including federal grants, loans, and work-study.
For the 2025-2026 application cycle, the FAFSA will come online in December. The FAFSA is how the amount of aid a student receives via federal grants, loans,work study, and more is calculated. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college. Why Do I Have to File the FAFSA?
While grants and scholarships provide much-needed assistance, loans often make up a significant portion of the aid package. Understanding Financial Aid Packages: Financial aid packages typically consist of a combination of grants, scholarships, work-study opportunities, and loans.
It opens doors to federal grants, loans, and work-study opportunities. If you want to read some of my tips to prepare for the 2025-2026 FAFSA, check out recent blogs here! Grants vs. Loans : Grants are free money for college that you don’t have to repay, while loans are borrowed funds that must be repaid with interest.
The FAFSA is the way that students qualify for federal grants, loans, and work-study opportunities. But, due to recent changes in the form, this year’s FAFSA for the 2025-2026 school year will be available starting December 1st. Schedule a 15 Minute Power Chat to learn more about finding ways to pay for college.
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