Financial Aid
Types of
Financial Aid...
Federal
Aid - This site defines most kinds of Federal student aid. (Apply
through
FAFSA) Or, for
more information on each type...
Loans
- student (Stafford and Perkins),
parent (PLUS), private loans
(alternative) and loan consolidation explained
Work study
- For students with need, the government will help you find a
job (on campus or
off) to pay for school
Grants - Grants are awards
from the government to low income students.
They do not have to be repaid. The basic grant is the Pell Grant;
however, there are several additional grants that can be made
(some only to Pell Grant recipients).
Pell Grants
- The maximum amount awarded for a Pell Grant in
2008-2009 will be $4,731.
Federal
Supplemental Educational Opportunities Grants (FSEOG) -
For students with exceptional need. Priority for these grants
is given to Pell Grant recipients. Funds depend on the
availability at each school. They range from
$100 to $4,000.
Academic Competitiveness Grant (ACG) - For Pell Grant recipients
in their first or second year of college who have completed a
rigorous course of study. Up to $750 for first year students
and $1,300 for second.
National SMART Grant - For Pell Grant recipients who are in their
third or forth year of an eligible math or science program.
Can be up to $4,000 for each of the third and forth years.
TEACH grant - This grant, new for the 2008-2009 school year, is
available for those planning to enter the teaching profession
in certain high-need fields or for those attending graduate
school. Can be up to $4,000/year.
State
Aid - TSAC (TN Student Assistance Corporation) has
information about state
scholarships
and grants.
Can I HOPE?- Requirements for the TN HOPE Scholarship.
(Apply
through FAFSA)
Military
Aid - Join the military and get help paying for school. There's
also
help
for dependents of veterans in certain
cases.
Scholarships
- There are thousands of scholarships available, and they're not all
dependent upon financial need.
Amount
of Funding...
How
Much Money Do I Need? - FinAid's custom calculators can help you
figure out
how much school will cost, how much you need to save
and how much aid
you'll require
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