School Grants

If you want to pay for school for cheap, school grants are definitely the way to go. First off, school grants give you the opportunity to study without future problems at hand – you won’t have to pay them back after you have graduated! That fact in itself sets school grants in a different field above loans and familial assistance. And the great thing about school grants is that, in this society where education is top priority, there are many kinds of school grants to apply from, depending on who you are, how much you need, and where you come from.

School grants are given to lucky students who can exhibit that they lack financial capabilities to study in prestigious schools. The “lack” of financial power or the “financial need”, needless to say, is different from grant to grant, and you have to refer to your respective prospect school grants for that. Usually, however, it is based on the financial income of the family of the applicant or of the applicant himself, whichever is the case. Now, the good news is, as long as you really are in need of money to study, regardless of what your status in life is or where you come from, chances are you really will eventually become eligible for some sort of school grant.

There are two main factors to consider if you are going to apply for any kind of grant: first, the specifics of your financial need, and second, the school to which you are trying to apply. Some grants do not offer scholarship to some schools, and grants have different standards as to what financial status is eligible for application, so take note of this.

For most school grants, they way to apply is through the FAFSA form, or the Federal Application for Student Aid form. You can download this form online (you can use Google for it). Your local school probably has the FAFSA form in paper form as well.

In the FAFSA form, you should be able to print out some basic information about yourself (name, address, etc), your dependency status, and some income information of yourself or your parents (if you are still dependent).

Lastly, you will also need other documents other than the FAFSA form, such as your parents’ tax returns and proof of income. Don’t worry, the FAFSA form has accompanying worksheets to help you out with what additional papers you will need for applying.