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    Estrada J Financial Aid

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    The document discusses various sources of financial aid available for college including grants, scholarships, and loans from the federal government, state governments, and private organizations. It outlines eligibility requirements and application processes for federal student aid, state financial aid, and private scholarships. The document also discusses benefits of military financial aid programs, including tuition assistance and retirement plans. Finally, it summarizes the author's plans to apply for FAFSA, set aside savings, attend a community college, and potentially join the military to pay for a hoped-for total education cost of around $5,000.

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    Estrada J Financial Aid

    Uploaded by

    api-607907127
    29 views2 pages
    The document discusses various sources of financial aid available for college including grants, scholarships, and loans from the federal government, state governments, and private organizations. It outlines eligibility requirements and application processes for federal student aid, state financial aid, and private scholarships. The document also discusses benefits of military financial aid programs, including tuition assistance and retirement plans. Finally, it summarizes the author's plans to apply for FAFSA, set aside savings, attend a community college, and potentially join the military to pay for a hoped-for total education cost of around $5,000.

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    The document discusses various sources of financial aid available for college including grants, scholarships, and loans from the federal government, state governments, and private organizations. It outlines eligibility requirements and application processes for federal student aid, state financial aid, and private scholarships. The document also discusses benefits of military financial aid programs, including tuition assistance and retirement plans. Finally, it summarizes the author's plans to apply for FAFSA, set aside savings, attend a community college, and potentially join the military to pay for a hoped-for total education cost of around $5,000.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    29 views2 pages

    Estrada J Financial Aid

    Uploaded by

    api-607907127
    The document discusses various sources of financial aid available for college including grants, scholarships, and loans from the federal government, state governments, and private organizations. It outlines eligibility requirements and application processes for federal student aid, state financial aid, and private scholarships. The document also discusses benefits of military financial aid programs, including tuition assistance and retirement plans. Finally, it summarizes the author's plans to apply for FAFSA, set aside savings, attend a community college, and potentially join the military to pay for a hoped-for total education cost of around $5,000.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Joseph Estrada

    Senior Exhibition
    Financial Resources for College

    The types of financial aid available to students are grants, scholarships, and loans. How
    someone can apply for financial aid is to have general eligibility requirements include that
    you have financial need, are a U.S. citizen or eligible noncitizen, and are enrolled in an
    eligible degree or certificate program at your college or career school. There are more
    eligibility requirements you must meet to qualify for federal student aid. The benefits
    students receive from this type of financial aid is really good because students can
    apply for FAFSA and other organizations like them that they don't have to pay the
    money back to the organization they borrowed from and students don't have to worry
    about how to make the money back that they borrowed.

    The types of state aid available to students are state grants, scholarships, and
    loans and also some tuition waivers. How you can apply for state financial aid is to first
    fill out an application online with your information and set how much income you make a
    year and show proof, then you will wait and see if you will get accepted and make free
    money from organizations like FAFSA or from the state of California, which some
    funding sources you don't pay back. You also receive great benefits because you can
    apply and make maybe even more money than you would’ve expected that can help
    you in the future in school.

    Private scholarships and the benefits to it are: Contributing a private scholarship


    to a 529 plan expands the qualified higher education expenses to include more than just
    tuition, fees, books, supplies and equipment. Amounts spent on room and board will
    also be tax-free, if the student is enrolled at least half-time. The benefits to having a
    private scholarship is because most of the time you don't have to worry financially and
    continue your studies.

    Military Financial aid I eventually in the future plan to join the military and one of
    the benefits you can get from them are the Defense Finance and Accounting Service
    offers military members a three-tiered retirement plan that spans from paying an equal
    amount of Social Security taxes to assisting military members growing their finances
    through a long-term savings plan. The military can pay for tuition for college and also if
    you go to college then join the military you get a bigger rank than the other people who
    have just joined without a college education.

    In the future I plan to apply for FAFSA and other financial aid. And I have been
    setting some money aside to go to community college first then hopefully do a four year
    in the future. But also, I am planning on going to the military so there will be lots of
    benefits in the future for that as well for my education. And the total cost I would spend
    on college hopefully is around five thousand or somewhere around there. Also for my
    job they offer ASU were they will pay for your education and you will just pay for books
    and everything but that’s also another alternate option I have for my future education.

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