Borrowing Money for School

How to Get Grants for School That You Don't Need to Pay Back

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In Brief...

Maximizing the number of grants and amount of money they provide will help you lower the amount of school-related debt you have once you graduate from college. Many grants are based on need, such as the Pell grant and the Academic Competitiveness grant, as determined by the FAFSA. The financial-aid adviser can assist you with finding and qualifying for grants. Tips & Warnings After July 1, 2010, any student who is not eligible for the Pell Grant but who had a parent or guardian who died during military service in Iraq or Afghanistan after September 11, 2001 is eligible for the Iraq and Afghanistan Service Grant. The service grant provides as much assistance as the Federal Pell Grant each year.

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