The financial aid application process takes time. Time to complete the applications. Time to wait for a response. Time to access the funds once you’re approved. But, at the end of it all, you’ll end up with the financial resources you need to pay for college or career training. And, that’s certainly worth the wait.
One of the most important things to remember in seeking financial aid for your education is to apply early, and apply for multiple scholarships and grants. Different financial aid resources cover different parts of the process: some grants cover tuition only, while some scholarships provide financial aid to pay for housing, books and transportation. Carefully review each financial aid resource to see if it is a good fit for you, and get your application(s) in early.
In order to access most federal grants, scholarship programs and many other types of financial assistance, you must first complete the Free Application for Federal Student Aid (FAFSA). Completing your FAFSA application is an important part of the college application process.
FAFSA is financial help for students enrolled in eligible programs at participating schools to cover school expenses, including tuition and fees, room and board, books, supplies and transportation. Also available are grants, loans and work-study programs. Grants, unlike loans, do not have to be repaid. A completed FAFSA application is required to apply for the Virginia Tuition Grant Program.
The FAFSA application may be one of the most challenging financial aid applications you’ll encounter. Check out this Virginia Education Wizard tutorial to get step-by-step directions. The Wizard will let you know what you need to have on hand and keep you organized while you navigate the FAFSA application. The application also is available at http://www.fafsa.ed.gov/.
Other federal financial aid that you may be eligible for includes: