Grants are used to create new programs or provide training and development to staff, faculty, and volunteers. For more details, visit the Corporation for National Service . If loans are a part of your solution to paying for school, you will have to repay them in monthly installments after you leave school. The federal government may cancel all or part of an education loan under certain circumstances. Here are some examples of loan forgiveness programs.
Some states offer similar programs.
You may also be eligible to have all or part of your Perkins Loan forgiven because of Peace Corps service. You need to contact your school district's administration to see which schools qualify under this program. You can earn your associate's degree after 2 years, but may be able to transfer to a 4-year school at any time. If you pass the placement exams with a high score, you could test out of some college courses. This might allow you to graduate early or give you the freedom to take additional courses in your major.