Tag Archives: state

Finding College Funding Solutions from State and Community Sources

Opportunities like these warrant the services of a reputable college funding solutions specialist like John McDonough of Studemont Group College Funding Solutions, LLC. Finding the right school and/or applying for the right scholarship can be quite intimidating, particularly without enough knowledge about the different grants and programs available. Taking other factors like cost of living and study schedules can make the process even more complicated.

College funding specialists can help parents and their children take advantage of the funding solutions available to them. For example, undergraduate transfer students who failed to meet the requirements for the Undergraduate Transfer Scholarship program might want to move to states that have ‘reciprocity’ for reduced tuition, like California. However, they’ll need to stay in these states for at least a year to establish residency, which is required for students to become eligible for the smaller rates.


Federal and State Grants: Top Ways to Obtain Free Money for College

Parents who are preparing to send their children to college resort to different ways to finance their kids’ education. But while loans and other related conventional financing schemes dominate the funding sources, other programs such as federal and state grants, offer beneficiaries better terms for the much-needed free money for college. A brief description of grant sources is detailed here by Liz Weston in her article on MSN Money:
Grants are a much better deal than loans, of course, because you don’t have to pay the money back.
Grant money, however, is usually based largely on need and is often parceled out on a first-come, first-served basis. As college costs skyrocket, it’s important to apply early for financial aid and be aware of any available grants that might help lower your college costs.