Overview of the FAFSA for Financial Aid from www.thoughtco.com

How to Get Financial Aid for Park University

The Basics of Financial Aid

Financial aid is money that helps students pay for college. It may come from federal, state, or local governments, or from the college itself. It usually comes in the form of grants, scholarships, work-study, and student loans. Grants and scholarships are the best form of financial aid because they don’t need to be paid back. Work-study programs provide part-time jobs, while student loans must be paid back with interest.

Types of Financial Aid Available at Park University

Park University offers several types of financial aid to its students. Grants, scholarships, work-study, and student loans are all available. Grants and scholarships are awarded based on financial need or academic merit. Work-study programs are available to help students pay for their education through part-time employment. Student loans are also available, but should be used as a last resort.

Applying for Financial Aid at Park University

To apply for financial aid at Park University, students must first fill out and submit the Free Application for Federal Student Aid (FAFSA). This form can be filled out online at the FAFSA website. The form requires information about the student’s family’s income and other financial information. After submitting the FAFSA, the student will receive an award letter from Park University that outlines the types and amounts of financial aid they are eligible for.

Other Ways to Get Financial Aid

In addition to grants, scholarships, work-study, and student loans, there are other ways to get financial aid. Private scholarships from organizations or businesses are available to students who meet the criteria. Students can also apply for grants from their state or local government. Finally, students can look for part-time work in the community to help pay for college expenses.

How to Apply for Financial Aid at Park University

Park University makes it easy to apply for financial aid. The first step is to complete and submit the FAFSA. Once the FAFSA is submitted, the student will receive an award letter that outlines the types and amounts of financial aid they are eligible for. Students can then apply for grants, scholarships, work-study, and student loans. Finally, students can look for private scholarships and grants, or search for part-time work to help pay for college.