The Students' Lifestyle

Financial aid can be a little tricky manner to maneuver. I know because I worked at my school's financial aid office helping students get answers about financial aid. So whether you're an incoming freshman, a senior looking for a little bit of help, or anywhere in between, this little rundown will help answer your basic questions about financial aid.


The number one thing you need to know about financial aid is the Federal Application for Federal Student Aid, or the  FAFSA. This is the application that can can be filled out online or through the mail to apply for the Federal Pell Grant, Unsubsized Stafford Loans, and Subsidized Stafford Loans. You can learn the difference about each below.
Note: If filling out online, make sure that the website is www.fafsa.ed.gov 

Grants

Grants are basically free money and you do not have to pay these back. The one that most college students know of is the Federal Pell Grant, which is awarded to students when they apply for federal aid and is based on income. By filling out the FAFSA, your school can also match you up with other grants based on your income.