Paying for Your MBA: Financial Resources
There’s more to financial aid than the federal government, although it does offer some of the best loans and terms around. However, even the Fed can’t necessarily get you everything you need to get that MBA you’re after, so do a thorough job of checking out what is available to you. You might be surprised by what you find.
Federal and state financial aid
You are probably already aware that the U.S. Department of Education provides financial assistance to students who attend eligible institutions. To determine your eligibility for any of these programs, you need to complete the financial aid process established by the schools to which you're applying, as well as that of the federal government. Fill out the FAFSA! Federal government aid programs include Subsidized Stafford Loans, Unsubsidized Stafford Loans, Perkins Loans, Pell Grants, Supplemental Educational Opportunity Grants, and Work-Study Programs.
Most state governments also offer grants, loans, and scholarships to their residents. Each school has a different FAFSA submission deadline, so keep this in mind when you're applying for aid.
Institutional resourcesSome schools offer their own loan programs to help you with educational expenses. Your financial aid administrator can tell you what you'll need to do to apply for a loan from the school. You may also be eligible for a variety of school-sponsored scholarships and grants that may be awarded based on either need or merit.
next week Veteran’s assistance
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MBA, financial aid, scholarship, state aid, FAFSA
Technorati Tags:
MBA, financial aid, scholarship, state aid, FAFSA
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