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Good place for financal aid?

Where is a good place to find financial aid so that transferring to a 4 year school doesn't drowned me in debt?
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Shumon’s Answer

Hi Sidney, that is a great question, especially since the cost of college seems to be skyrocketing. Your best bet is to apply for scholarships and grants through your school. Of course most scholarships are more academic merit based, but grants can be need based as well. In addition, if you do need to take out loans, the best bet would be federal loans, as they will provide the best options compared to private loans which end up costing much more. You would need to fill out a FAFSA to find out what you qualify for based on your need. Here is a website that can help explain a few things: https://studentaid.ed.gov/sa/types. Good luck!
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Mavish’s Answer

I agree with all of the answers above. One thing to think about is when filling out the FASFA if you qualify for work study try getting a job in the Financial Aid Office. I worked there during college for my Work Study and I was able to find out about available grants and scholarships. Sometimes I heard about ones that no one was applying for. This helped me tremendously and I was able to finish up my junior and senior years with a reduction in student loans.
One thing also to keep in mind about student loans is if you get a federal student loan try getting ones that are subsidized versus unsubsidized first. A subsidized loan will not accrue interest until you are in the payback process which is typically when you have graduated college. An unsubsidized loan accrues interest while you're in college which results in a higher balance when you are in the process of paying back the money.
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Jessica’s Answer

I agree with Shumon's answer above, but in addition to his response, make sure you fill out your FAFSA EARLY!! The earlier the better. In my first year of college, I was late in filling out my FAFSA, so I got almost no Federal Student Aid, so I had to take out a loan. However, the next year I filled it out and submitted it as soon as I could and got so much more aid that I didn't need to take out loans for the next three years of college!
Thank you comment icon I agree - filing FAFSA earliest is better - so your application is reviewed by college finance folks who decide how to dole out the money. Your own college is a good source of funding but also search for scholarships - in your area where you live as well. There are all kinds of scholarships- like one for left handed students! You may have to collect a lot of such scholarships to make a difference ! Otherwise, you can also take a part time job while you are in college. It does add to workload but it is an option . V B
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