Forms must be filled out in order to ascertain if you qualify for aid. Divide that result by the anticipated annual college expense. If the result is six or less, you could qualify for financial aid. If the final number is higher, you may have a difficult time convincing financial aid officers of your need. No matter what you pre-judge your chances to be, you should still go through the application process.
Many different factors enter into the final outcome.
Public and private institutions alike offer varying amounts of aid and you may be pleasantly surprised. If you do not receive aid from your chosen institution, there are other options. The federal government, state government, banks, insurance companies, and religious, ethnic, civic and fraternal organizations are a few of the alternative sources for funds. The number of federal aid programs alone should be encouraging. These grants are generally awarded to undergraduates based on need and family income qualifications.