Student Financial Aid Can Make College Affordable
Financial aid programs can help you afford college if you know how to approach the process.(1) With different types of assistance available, you’ll want to know your options.
The Difference Between Financial Aid Grants and Loans
Grants and scholarships are awards that in general, don’t have to be repaid; they’re awarded based on merit and/or financial need.(2) Each individual award has specific eligibility and application requirements.
Student loans come from two primary sources, the Federal Government and private sources including banks. While most Federal student loans do not have to be paid back while you are in school, private student loan sources may require you to make payments before you have finished your education. It is important to know the terms of your loan before you decide to borrow.
Whatever student loan you decide to use, they must be repaid. It’s important not to borrow more than you need to meet essential expenses.
Certain information is required to be provided to students. For more information about Federal Financial Aid, please read the Student Consumer Information: “Right to Know Info”
Getting Started with Grant, Scholarship, and Student Loan Applications
Our Student Finance Department can assist you with learning about programs and completing the Free Application for Federal Student Aid (FAFSA), as well as helping you meet financial aid deadlines. Based on the FAFSA and the information you provide, the Federal Government will determine what aid, if any, you are eligible to receive. Depending on their response, we can help you design your total Student Financial Aid package.
Based on what, if any, Federal Financial Aid you qualify to receive, you may need to submit additional sources of financing. If you need to submit a separate loan application, the Student Finance Department can help you identify separate loans and help you complete applications.
Contact Remington College’s Student Finance Department today to learn more about funding for your education.
Net Price Calculator
Each institution, in accordance with the Higher Education Opportunity Act of 2008 (HEOA) must post a net price calculator on its website by October 29, 2011. Click here to use the Remington College net price calculator.
(1) Financial Aid is available for those who qualify.