Other Financial Aid

   OTHER FINANCIAL AID

Work Study Programs

The student can work part time while he or she attends university. There are several Work-Study programs that the federal government promotes in order to help the students to earn money to pay for their education. The eligible students for these programs can be graduates and undergraduates with financial need, and they can work in the campus or for the community.

When you apply for federal financial aid (filling out the FAFSA), you can indicate on your application that you want Work-Study assistance. Your financial need, based on your economic situation, and the kind of college you attend will determine if you qualify or not and the amount of Work-Study aid you're eligible for.

If you want more information about this program, you should contact with financial aid office at the college you plan to attend, or your high college counsellor.

Your teacher or personal tutor is likely to be able to point you in the right direction when looking for grants – and too be able to write you a reference. Don’t forget to show your gratitude for this though, it is not necessarily a part of his/her job and so celebrating events such as Teacher Appreciation Day 2008 is a nice away of expressing how much you think of your teacher/advisor. What is more, once you are done with whatever you needed the grant for (be it a study trips abroad or to pay for books for exam preparation), send your teacher an update to demonstrate how useful her recommendation was to you. If you ever need help from them in the future (and you never know!), they’ll be more than happy to help you!

Scholarships and Grants

Scholarships and Grants are financial aid you don´t have to repay to the institution granting them. The money came from federal funds, university and private institutions for students with economic need and good qualifications. Scholarships are not only based in financial need, but also on academic merit, athletic performance or specific study area. There are many associations, civic or religious groups that provide the money for scholarships and grants. Grants are based in financial need. There are federal, state and college grant programs for qualifying students.

Student and parents should be aware of scams. Some people call students or parents and offer grants or scholarships, using attractive phrases in order to get the credit card number or bank account. They also offer to do all the paperwork or look for the best paying scholarships. REMEMBER that a grant or scholarship is money that the student do not to pay back. They are free.

A student who is a victim of this or a similar scams should:

1. Immediately contact the bank, explain the situation and block or close the relevant account.

2. Report the fraud to ED's Office of the Inspector General hotline at 1-800-MIS-USED (1-800-647-8733) or oig.hotline@ed.gov. Special agents in the Office of the Inspector General investigate fraud involving federal education dollars.

3. Report the fraud to the Federal Trade Commission (FTC). The FTC has an online complaint form at www.ftc.gov/scholarshipscams and a hotline at 1-877-FTC-HELP (1-877-382-4357; teletype for the hearing impaired: 1-866-653-4261).

4. Report the fraud to the police.

After submitting your FAFSA, you are considered for different grants depending on your economic need:

- Pell Grant: A need-based grant for undergraduates students.

- Supplementary Educational Opportunity Grant (SEOG). Undergraduates with exceptional financial need: the lowest Expected Family Contribution.

- Leveraging Educational Assistance Partnership (LEAP).

SCHOLARSHIP DATABASE

• www.fastweb.com

• www.wiredscholar.com

• www.srnexpress.com

• www.scholarships.com

• www.fastaid.com

• www.petersons.com/finaid


Online Finance Classes

Online finance classes will familiarize you with the areas of investments, corporate finance, financial institutions and complex markets, all from the comfort and convenience of your own home. Click on one of these schools for more information.