Financial Aid Options
Grants: Basically free money! Most grants are federally funded and are awarded based on your financial need and grade point average.
Scholarships: Awarded based on your academic performance, talents, ethnicity or other factors. Qualifications are too varied to list. For this reason, you must apply for scholarships individually. There are thousands of organizations and individuals that offer scholarships. Be sure to check out which scholarships you qualify for.
Loans: This type of financial assistance must be repaid. There are two types of loans, government and private. Government loans tend to carry lower interest rates than most private loans. Depending on your financial need, the government could pay the interest for you while you're enrolled in school. Government loans are highly recommended to students.
Take the Next Step
Once you've found a few schools you’re interested in, you can start applying for financial aid. The application process is simple! All you need to do is fill out a FREE Federal Student Aid Application (FAFSA) through the US Department of Education.
One application will qualify you for grants, school-specific aid, Stafford Loans, PLUS Loans (parent loans) and more! The FAFSA form is used by virtually all two and four-year colleges and career schools for awarding aid.
You should know that the official FAFSA site is found at ".gov" not “.com”-- there are several ".com" sites out there asking you to pay for this FREE form. Don't get scammed: You don't have to pay to fill out the FASFA and you don't have to pay to qualify for scholarships!
If you're interested in learning how you can get an economics degree, EconDegrees.com can connect you to schools and programs that meet your unique needs. Simply fill out a short and secure information form. A school advisor will contact you to answer all of your questions about scheduling, tuition, financial aid and more.
How Much Money Will You Get?
Most schools prepare what's called an "award letter" that will inform you of the types and amount of student aid you will receive.
Awards are based on a variety of factors and students are encouraged to keep applying every semester. The slightest change in income or family circumstances could drastically affect the amount of aid you qualify for. Keep applying!
79.5% of students currently-enrolled in college use financial aid to help pay for their education. [1] Join them today! You deserve a higher education and a better life. Live up to your full potential. Fund your future today.
Still have questions? Your school financial aid advisor can help guide you through the entire process and set you on the right path.
[1] National Education Statistics, Percentage of undergraduates receiving financial aid.