Examining all of your financial assistance options for college

August 8, 2012

As a mother looking to return to school, you might have already heard about the numerous scholarships for moms and grants for parents available to you, but how do you know which form of financial aid is best?

Depending on your household finances, you may decide to choose one type of support source for tuition over another. Examining your options can help you get a better idea of what's available to you and which items are worth applying for.

Grants and scholarships should be at the top of your list when it comes to looking for a way to offset the cost of tuition. Not only can these forms of financial aid give you thousands of dollars each semester, but unlike student loans, they do not have to be repaid over time.

If you're still in a jam after obtaining all of the scholarships and grants you qualify for, you can consider filling out the Free Application for Federal Student Aid (FAFSA). This application can let you know if you qualify for government assistance when it comes to covering the cost of tuition. In the end, examining all of your options can be a great way to make sure you aren't paying more than you have to for an education.
 

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