Financing Higher Education Module 6

What type of federal funding is free money, but is based on financial need only?

Federal grants

What are the benefits of attending a local community college?

It is cheaper to earn an Associate's degree at a community college and then transfer to a four-year college to finish, you can live at home and save dorm fees while earning an Associate's degree, and choosing a local community college within closer driving range saves on transportation costs(All of the above)

Maria is a high school senior. She wants to go to the local community college and become a nurse. Her grades are average, but she comes from a low-income family. What could she do in order to afford the next step in her dream to become a nurse?

Maria could apply for federal grants to help pay for college and need-based scholarships.(Both)

Which of the following is NOT true about the Free Application for Federal Student Aid (FAFSA)?

The earliest you can submit your FAFSA is January 1st of each year.

Everyone interested in post-secondary education should complete the Free Application for Federal Student Aid (FAFSA) because

it allows you to be eligible for federal student aid and other scholarships and grants.

Living at home could save you money while enrolled in post-secondary school or training because...

it reduces costs of room and board.