Loans must be repaid, usually with interest. There are loan programs offered to both students and parents. Before borrowing, students and families should exhaust all grant, scholarship and other available resources first. Not all students are able to demonstrate financial need. Therefore, other sources of financial aid may be needed.
Most financial aid comes from the state and federal government and higher education institutions.
Private scholarships are considered to be supplements to these aid sources. The Free Scholarship Search Service can match you with private scholarship sources for which you should consider applying. All you need to do is complete a simple questionnaire that highlights your area of study, personal interests, academic accomplishments, athletic achievements, and other pertinent information. The information is then matched against a nationwide database that includes information on thousands of scholarships available to students pursuing higher education. Once FAME completes the scholarship search, you will receive a personalized list of scholarships for which you can then apply.