How to Choose a Financial Aid Program

After you apply for financial aid, take the time to choose the right program.

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Instructions

    • 1

      Apply for dependent student aid if you're going to college straight from high school. Dependent student aid is determined by parents' financial background.

    • 2

      Opt for independent student aid if you're married, born before January 1, 1975, are a veteran, are in a professional or graduate program, or have legal dependents.

    • 3

      Apply for a Federal Supplemental Educational Opportunity Grant (FSEOG) if you have a low expected family contribution rate.

    • 4

      Consider the Federal Work Study Program (FWS) to use part-time work to help pay for tuition and gain experience before leaving school.

    • 5

      Look into student loans to receive low-interest rates and a variety of repayment options.

    • 6

      Opt for private loans to avoid filling out federal forms or to cover expenses that federal loans don't cover.

    • 7

      Remember that parent loans can supplement student loan packages.

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