Stay Out of Debt:
College
Scholarships
and Financial Aid
 

         College Grants

 

Some Loans become Grants. We'll show you how!

Cost Effective College can help you find a grant that matches your financial need. The biggest, and often the most changeable college grant is the need-based Federal Pell Grant which remains at $4,050 for the 2006-2007 school year. The Pell Grant is determined by a student's Expected Family Contribution (EFC) and available to undergraduate students or those enrolled in post baccalaureate courses required for teacher certification. Those eligible for the Pell may qualify for a loan that becomes a grant!  That's the best there is.

 

Here's Another Win-Win!  

Once you finish perusing Cost Effective College and log onto all the financial aid inks we send you, you'll be the smartest kid on the block.  Your friends will be coming to you for advise.  Click here to Look Inside .

 

College Work-Study

One of the most lucrative programs available today is the Federal Work-Study Program.  While not classified as a grant, the program allows you to earn hundreds of dollars each month while working on campus. The program is administered through the school's financial aid department, but the money earned is neither taxed nor counted as income when you reapply for financial aid in the future. We'll tell you how it works.  It's a win-win for everyone!               

            

New for Stafford Loans

The revised Teacher Forgiveness Program allows the cancellation of up to $17,500 of a student's expensive Stafford Loan.  Thank you Uncle Sam!  All the details are found in the Real-Time updates. 

 

State Grants for Needy students

The state offices administering grants shown in Cost Effective College are also a web link in the Updates we send to you.  Students faced with severe financial difficulties may receive additional grants.  We'll show you where to go and who qualifies, and you can access it in Real-time.

 

What are Real-time Updates?

Real-time updates mean every time you log onto our Updates web site, you'll get the latest financial aid information available to help you finance your college education! 

 

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