How can I fund my way through college without Pell Grant Funding?
Date: Fri, 02/17/2017 - 08:22
I'm a freshman attending University of Akron. I just learned that the government is planning to cut the Pell Grant Fund by $1.31 billion and is calling for a freeze on the maximum grant for the next 10 years. This would affect me and many of my good friends who otherwise would not be able to fund their way through college. If such legislation goes into place and my funding is cut, what are some other ways I can fund my way through college?
Additionally, I found a petition urging representatives to strike down these proposed cuts and freezes. Could you take the time to sign this petition with me? It would mean a lot to my friends and I. You can find the petition here:
chriswesnerlaw(dot)com/fight-student-debt/petition-dont-raid-the-pell-grant-fund
Re: Student aid sources
Hi,
These are few common types of loans used in education funding, I think you can choose any of them according to your need and affordability.
*Federal Stafford Loans (Subsidized and Unsubsidized) - The maximum loan amount is $5,500 for freshmen
*Parent plus loan - Offered through the colleges to parents with good credit score.
*Perkins loans - The maximum amount for this loan is $4000 p.a.
*Private student loans - Offered by banks and private lenders and require a cosigner.
*Mortgage and home equity loan - Commonly taken by the parents, these loans have different interest rates and a different periods of repayment.
It's up to you, choose wisely...
Hi,
Hi,
You can look for the ways to fund your college as sanderspatricia29 has suggested.
However, I have signed the petition. Hope it helps....
All the best for your studies!
You guys are doing a great
You guys are doing a great job. Wish you good luck on your efforts.
However, you can fund your college by following some tricks like:
Consider a side hustle, follow a budget, share your rent with your roomie, etc.
Borrow books or take advantage of your college's library to save money on books. Avoid living a lavish life to set aside money. Try to save your daily allowances to build up a savings cushion.