College Grants, 529 Plans & College Scholarships

If you are looking for financial aid for college there are many options to choose from. First off if you are seeking financial aid, scholarships or grants for higher education this does not mean that your college education will be free. On average the typical college student only gets about half of their education paid for through some source of financial aid.

Some ways to pay for college and your higher education include 529 plans, scholarships both academic and athletic and college grants.

College grants are a great way to pay for things like housing, food and books. There are many grants to choose from and just about everyone can get a grant. College grants are available for Hispanics, Native Americans, women, medical, law and housing as a few examples. Pell grants and FSEOG grants are also available from the Government just remember to apply as early as possible for any grant so that you have the best chance of getting one. Grants are generally handed out on a first come first serve basis.

529 plans are state run plans to help pay for education. Each state has at least one plan in place and these plans are run by state designated banks or investment firms.

Scholarships are a great way to get financial aid for school because they usually do not have to be paid back. Athletic scholarships are not just handed out to students who are on the verge of becoming professional. They are also handed out to students who show a desire to play sports. If you have played a high school sport for more than two years then this will improve your chances greatly of getting an athletic scholarship. You don’t have to be the best in your sport you just need to show the drive to stick with it, colleges like to see this. Academic and community scholarships are also available for just about anyone who needs them. Be sure to ask your school counselor for a list of scholarships available and apply for them early.

By: Cary Bergeron

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