If you are applying for a scholarship, be sure you meet the grade requirements. You may also have to take qualifying examinations.
If you don't qualify for a scholarship, find the right college grant that matches your eligibility or qualifications. To avoid wasting your time, be sure that you qualify for the grant or scholarship that you are applying for. The following guidelines would help in getting approval:
1. Meet their application deadline. Submit your application on time.
2. Age eligibility. Be sure that you comply with this requirement even if it doesn't seem fair at all because private grantors sometimes specify this.
3. Spelling and Grammar. This is probably a tiny indicator of your scholar-worthiness.
4. Subject Specialization. Some grants are for specific subjects such as Computer Science, Math, or …show more content…
This loan comes with a 5% interest rate and allows the student 10 years to repay the loan, with a 9 month grace period from the time of graduation. One of the most attractive things about the Perkins loan is that the money is not being lent to the parents but to the student directly. This means that the federal student loans debt will not fall on the parents shoulders with this sort of loan, should the student default in some way. Both the Stafford loan and the Perkins Loan offer student loan forgiveness, which basically means that a certain portion of your loan is taken off the