There are a number of ways to obtain financial aid. A winning essay can earn you a scholarship, and you might be eligible for grant and loan programs. Your eligibility for Federal and institutional aid is determined by asset and income information you submit on the Free Application for Federal Student Aid (FAFSA). You may need to provide additional paperwork to your campus. Check out the different types of financial aid for which you might be eligible.

Grants
The Federal government, your state of residence, and your college provide grants that you never have to pay back unless you are not making satisfactory progress toward your degree or you leave school. You can use the grants to pay for any of your educational expenses.

Scholarships
You don't have to be able to run a four-minute mile or score a 1600 on SATs or other entrance exams to get a college scholarship. Awards are available based on income, cultural background, where you attended high school, and many other criteria. Some corporations offer scholarships for their employees, and entering an essay contest can also pay off. You can also find information about scholarships from your school's financial aid office, online, in your community, and at the public library.

Work-Study
Work-Study is a popular way for college students to earn some of their financial aid award. If you are awarded Work-Study, you can apply for a Work-Study job. Ideally, a Work-Study job will be related to your major or will allow you to explore other fields of interest.

Generally, jobs are available both on campus or off campus at non-profit organizations and advocacy groups. You may be eligible for a Work-Study job with an organization near your home or office.

Loans
The Federal government offers a variety of educational loan programs that feature low interest rates and deferred payment options, which means you don't have to worry about repaying the loan until you graduate, leave school, or drop below half-time enrollment. A private loan secured through your bank might mean even more financial flexibility while you're in school.