What financial aid options are available to me?

Hello! I'm a junior in high school and I'm starting to think about how I'm going to pay for college. I know there are scholarships and grants, but I'm not sure what other financial aid options are available to me. Can anyone provide some guidance? Thanks!

Hello! It's great that you're starting to think about financial aid options early on. In addition to scholarships and grants, there are a few other sources of financial aid you should be aware of. First, there are federal loans, which are typically subsidized or unsubsidized and have relatively low interest rates. These loans are based on your family's financial need and can be a good option if you need to borrow money for college. To apply for federal loans, you'll need to fill out the Free Application for Federal Student Aid (FAFSA) during your senior year of high school. Another option is work-study programs, which are part-time jobs on or near campus that are specifically reserved for students who demonstrate financial need. Work-study jobs can help you earn money to pay for your education while also gaining valuable work experience. Finally, some colleges offer their own financial aid packages, which may include a combination of grants, loans, and work-study opportunities. Be sure to research the financial aid options at the schools you're interested in and reach out to their financial aid offices with any questions. Good luck!