Over
63% of undergraduate students receive some form
of financial aid. And with the new President's
commitment to making community college free, this
number is on the rise. With the right financial
aid pack
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Your personalized report will help you to
understand your own needs and have realistic
expectations when it comes to continuing
your education. We hope that it will help
you to decide if education is the right
next step for you. |
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You may be concerned about whether or not
you can afford to continue your education. |
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age you
could cover a majority of the cost of your education.
Here are some ways to take advantage of money
that is available for school:
Don't
miss out on Federal Student Aid
With more than $143 million in student aid available,
don't make the mistake of assuming you don't qualify.
If you're entertaining the idea of going to school,
your first step should be to apply
for financial aid from the government. The
application is
free and you don't need to be enrolled in school
to apply.
Based on your application, you'll
receive a no-obligation financial aid offer that
includes money from various federal programs that
you are eligible for. This could include, student
loans, a Federal
Pell Grant and/or work study arrangements,
for example. Applying for financial aid will give
you a starting point for understanding how much
you need to come up with in order to go to school.
Or use the free financial
aid wizard to estimate the amount of financial
aid you may qualify for.
Employer Tuition Reimbursement
If you are currently employed, check with your
HR department to see if your employer offers tuition
assistance. Your company may cover up to 100%
of the cost of your education. According to the
Bureau of Labor Statistics, fifty percent of companies
with over 100 employees have some form of tuition
reimbursement.
Scholarships
Scholarships offer free money that you do not
need to repay. Some schoarships are given based
on achievement, others on need, and some on almost
random criteria. And scholarships aren't only
for full-time students. They are awarded to all
sorts of students, at all stages--and ages--pursuing
any number of educational opportunities. With
so many scholarships out there, over 1.3 million,
there may be one that perfectly fits your situation.
Here are the different types of scholarships available:
- Individual School Scholarships
are supplied by learning institutions and awarded
to students based on academic achievement and
potential.
- Organizational Scholarships
are offered based on all different sorts of
criteria, such as memberships and affiliations,
community involvement and other academic or
extra-curricular interests.
- Contest Scholarships reward
winners with money for school.
To find out what scholarships
you are eligible for, use this free
scholarship wizard.
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Your Free Education Report is managed by
career experts with over 60 years of combined
experience. |
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Tax Breaks
Check
your eligibility for any number of sizeable
student tax credits
provided by the government:
- Lifetime Learning Tax Credit
- for students enrolled in at least one course
from an accredited institution. You can get
credit for 20% of the first $10,000 you lay
out on education, up to $2,000.
- Hope Scholarship Tax Credit
- for undergraduate students who are at least
half-time enrolled in school. You may receive
100% of the first $1,000 you lay out on education
and 50% off your next $1,000.
- Higher Education Tuition and
Fees Deduction - for students who don't meet
income cap requirements. You may be eligible
for a $2000 deduction.
Private Loans
If your government aid doesn't quite meet your
needs, you can also look into private
loans. Private loans are offered by banks
and other institutions and are an effective way
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