Student aid or federal student aid is something that most students have to utilize in order to pay the continual rising cost of a college education. The video (above) is informative for students when completing the Free Application for Federal Student Aid (FAFSA). This is something that every student should do before applying for college, because the FAFSA can give you a general idea of money you may receive for college based on certain qualifications. This student aid may either be in the form of grants (money you do not have to re-pay), or loans (money that you have to re-pay with interest). The FAFSA does not include any scholarship money that you may qualify for, which is also money that you do not have to re-pay.
The simple truth is that while attending college, if you are like most people, you will have to obtain money to pay for it from different sources. To read more about the types of student aid, click here. Fund for Thought currently offers 48 scholarships for $2,000 each, and this is money that if awarded to you, does not have to be repaid. Our next deadline for scholarship entry is November 30, 2016.