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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

do you have to pay back financail aid
plzz respond
Replies: 3Last Post July 24, 2004 1:05pm by lulubelle
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( GumbieMak )


Dairy Product Addict
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if so  do u no of any gov't money that you can use that you dont have to pay back

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im a hockey fan  who the hell are you?

6:10 pm on July 2, 2003 | Joined April 2003 | 63 Days Active
Join to learn more about GumbieMak New Jersey, United States | Female | 794 Posts | 1444 Points
AuvergneShewolf


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Quote: from GumbieMak at 9:10 pm on July 2, 2003

if so  do u no of any gov't money that you can use that you dont have to pay back

Loans you have to pay back; scholarships and grants you don't.

Have you looking at http://www.finaid.org  ? It tells you about the different types of financial aid.


8:23 pm on July 2, 2003 | Joined June 2003 | 152 Days Active
Join to learn more about AuvergneShewolf North Carolina, United States | 942 Posts | 2500 Points
Jazzmonkey18

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Very helpful site. I have taken out a few loans, which sucks, but it is worth it for a quality education.

2:38 am on July 5, 2003 | Joined Oct. 2002 | 172 Days Active
Join to learn more about Jazzmonkey18 South Dakota, United States | Questioning | 685 Posts | 2440 Points
lulubelle


Novice
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Pell Grants and FSEOG Grants are free money. They are based on your need, not on your grades.

Pell can go as high as about $3,500 per year.
FSEOG can go from $200 to $2,000 per year.

Perkins Loans go to about $4,000 per year (depending on the college). These can be forgiven if you become a teacher in some areas.

Stafford Subsidized and Unsubsidized loans range from $5,500 as a freshman to $10,500 as a Jr/Sr.. Once again, $5,000 of this can be forgiven if you become a teacher in some areas.

You can volunteer for Peace Corps or Americorps and receive a little over $4,000 per year (max of 2 years) to pay for college, but it isn't cash to you.

Hope that helps

Lu


1:05 pm on July 24, 2004 | Joined July 2004 | 1 Days Active
Join to learn more about lulubelle Nebraska, United States | 5 Posts | 15 Points
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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic