Need money to fund your education? Join the club. This year, the United States Federal Government will provide more than $83 billion for students just like you. And they make this cash available through a few Federal Student Aid Programs.

You’ll probably want to start looking at the programs that DON’T require repayment when you’re researching financial aid. This blog will talk a bit about the Federal Student Aid Programs that don’t come along with a payment plan

Federal Pell Grant
This is a monetary grant given to qualified undergraduate students. Eligibility based on financial need and you can qualify for more than $4,000.

Federal Supplemental Educational Opportunity Grant (FSEOG)
This is a monetary grant awarded to undergraduate students. Eligibility based on financial need and priority is given to applicants who qualify for Federal Pell Grants.

You can receive up to $4,000 a year or more – if you’re enrolled in a study abroad program

Federal Work-Study (FWS)
This program allows students to work part-time to earn money for college expenses. The school coordinates the job. You’ll earn at least minimum wage as an employee.

I’d also suggest that you research as many scholarships as possible. Even if you weren’t a straight-A student in high school with tons of community service – there’s tons of cash for people from every walk of life – you just have to be willing to do the leg work.

Free money for college is good, but most of us have to take out some loans. Because the Federal loans can be a bit trickier, and because you have to repay them, I’ll provide a bit more in-depth info on them in future blog posts. So, check back soon!