Federal Loans and Grants
The U.S. government offers several federal loan and grant programs available to citizen students.
Federal Subsidized Stafford Loans
Financially squeezed students who want to augment their bill-paying resources for school may qualify for a Federal Subsidized Stafford Loan.
Financially squeezed students who want to augment their bill-paying resources for school may qualify for a Federal Subsidized Stafford Loan.
Federal Unsubsidized Stafford Loans
An Unsubsidized Stafford Loan is a federally guaranteed loan for college students that requires no proof of financial hardship.
An Unsubsidized Stafford Loan is a federally guaranteed loan for college students that requires no proof of financial hardship.
Federal PLUS Loans
Federal PLUS loans, or parent loans, are for financially responsible parents to temporarily cover education expenses for their children in an undergraduate program.
Federal PLUS loans, or parent loans, are for financially responsible parents to temporarily cover education expenses for their children in an undergraduate program.
Federal PLUS Loans for Graduate and Professional Degree Students
Students earning a master's, law or medical degree may qualify for a Federal PLUS loan to cover nearly all costs, minus aid or scholarships they may already be receiving.
Students earning a master's, law or medical degree may qualify for a Federal PLUS loan to cover nearly all costs, minus aid or scholarships they may already be receiving.
Federal Pell Grant
Financially disadvantaged college students can receive up to $4,731 per academic year with the Pell grant, one of the federal government's most popular forms of tuition aid. The funding, which as a grant does not have to be repaid, can also cover room and board, books and other related expenses.
Financially disadvantaged college students can receive up to $4,731 per academic year with the Pell grant, one of the federal government's most popular forms of tuition aid. The funding, which as a grant does not have to be repaid, can also cover room and board, books and other related expenses.
Federal FSEOG Grant
The Federal Supplemental Educational Opportunity Grant is reserved for the neediest of undergraduate students at about 4,000 participating colleges.
The Federal Supplemental Educational Opportunity Grant is reserved for the neediest of undergraduate students at about 4,000 participating colleges.
National Science and Mathamatics Grant
The National SMART (Science and Mathematics Access to Retain Talent) grant can fund up to $4,000 of the third and fourth academic years for college students who show promise in math, physical and life sciences, technology, engineering, or foreign language.
The National SMART (Science and Mathematics Access to Retain Talent) grant can fund up to $4,000 of the third and fourth academic years for college students who show promise in math, physical and life sciences, technology, engineering, or foreign language.
Federal Academic Competitiveness Grant
The Academic Competitiveness Grant awards $750 to deserving students in their first year of college and $1,300 in the second year.
The Academic Competitiveness Grant awards $750 to deserving students in their first year of college and $1,300 in the second year.
Federal TEACH Grant
The federal Teacher Education Assistance for College and Higher Education grant provides aspiring teachers in college with funds up to $4,000 per academic year in exchange for a commitment to later teach at a low-income primary or secondary school.
The federal Teacher Education Assistance for College and Higher Education grant provides aspiring teachers in college with funds up to $4,000 per academic year in exchange for a commitment to later teach at a low-income primary or secondary school.
Higher Education Tuition and Fees Tax Deduction
The Higher Education Tuition and Fees Tax Deduction can often aid taxpayers whose income is too high for the Hope Scholarship or lifetime learning credit. Taken as a deduction for adjustment to income, the tuition and fees tax deduction can decrease taxed income by up to $4,000.
The Higher Education Tuition and Fees Tax Deduction can often aid taxpayers whose income is too high for the Hope Scholarship or lifetime learning credit. Taken as a deduction for adjustment to income, the tuition and fees tax deduction can decrease taxed income by up to $4,000.
Hope Scholarship Tax Credit
The Hope Scholarship Tax Credit is not a scholarship; it's a government tax rebate for families paying for college. A tax-owing family may claim up to $1,650 for each eligible family member, meaning that $1,650 will be eliminated from the tax bill for every student in higher education.
The Hope Scholarship Tax Credit is not a scholarship; it's a government tax rebate for families paying for college. A tax-owing family may claim up to $1,650 for each eligible family member, meaning that $1,650 will be eliminated from the tax bill for every student in higher education.
Lifetime Learning Tax Credit
The Lifetime Learning Tax Credit is aimed at households with higher-education students, offering up to a $2,000 refund on taxes paid.
The Lifetime Learning Tax Credit is aimed at households with higher-education students, offering up to a $2,000 refund on taxes paid.