Be Sure To Include These Overlooked Expenses In Your College Budget

Are you almost off to college? Would you like to fund your children’s education one day? Regardless of the case, here are some expenses you should remember to include in your budget.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

The costs of college extend well beyond tuition, books, and housing. Even if you have grants, scholarships, and student loans helping you financially, other costs could require money out of your pocket to stay afloat.

What extra costs must you account for when planning for college? Here are a few, and it’s worth noting that they may increase from year to year, so keep that in mind:

1. Furnishings

Whether it’s a dorm room or an off-campus house or apartment, you’ll probably want to spruce up your living arrangement to make it feel like home. This can cost up to thousands of dollars, so allocate some cash for it.

If you don’t want to buy a new, more comfortable bed, nicer carpets, or other decorations, you could visit Craigslist or Facebook Marketplace to see what people are giving away for free.

2. Food

A campus meal plan can cover breakfast, lunch, and dinner, but what about snacks? Or what if you don’t like the food that’s offered?

If you’re a picky eater or like to stock up on extra food, this is an area where you’ll incur additional costs.

3. Transportation

Some college towns are condensed, making it easy to get from point A to B without a car. Others, however, may be more spread out, which can lead to high transportation costs.

Buying a car, bike, or scooter may be in order, or you can take the public transportation (or shuttle) route instead of Uber and other ride-sharing apps that can cost a pretty penny.

Regardless of what you choose to get around in, you’ll need to account for it in your budget.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

4. Your Major

Some majors are more expensive than others, especially if they require costly equipment. Your scholarships or grants may cover some of these costs. Others may extend past that coverage, however, which could put you in a bind if you fail to plan for them.

What’s an example of a costly major? Engineering is one, while aviation is another that is in a whole other ball park when it comes to expenses.

Before deciding on a major, take a closer look at the department you’re in. Take a tour of it and ask other students about their costs and experiences too. Don’t forget to take a trip to the financial aid office, either, to get the lowdown on what you’ll be expected to pay.

5. Entertainment

Your entire time at college probably won’t be spent studying. To get the full university experience, you may want to participate in extracurricular activities such as intramural sports and the like. Some of these come with costs, and they won’t be covered by financial aid.

What’s one additional activity that goes hand in hand with the college experience? Joining a fraternity or sorority to make new friends and create future networking opportunities. While living the Greek life has its perks, it can have costs that rival tuition.

To avoid sticker shock with Greek life or any other extracurricular activity, do your research before jumping into it.

It’s Like A Grant To Buy Your First Home

Owning a house is part of the American Dream. It’s possible to piece together an affordable home plan through a mix of subsidized programs.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

You’ve heard some of the talk about home prices and the economy. Fact of the matter is that Governments want to see home sales rise. Along with home sales comes citizens with equity and wealth. The United States government supports  several civic programs through agencies like the Department of Housing and Urban Development (HUD) and the Federal Housing Authority (FHA) to help spur widespread homeownership.

Housing is such a fundamental precursor to building individual and national wealth that there are even several assistance programs to cover apartments for low income renters. Below, are resources supported by both private and taxpayer dollars that all go towards supporting your American dream of owning a home. Especially for those facing financial hardship, this resource is intended for you

Home Possible Mortgage Assistance Program

For first time home buyers, the Home Possible mortgage offered by Freddie Mac is one of the best solutions to purchase a home. Designed to benefit very low and low income families, this loan doesn’t require the borrower to have a credit score. It also offers comfortable interest rates, flexible refinancing options, and a down payment of only 3%.

This means that a family looking to buy a house valued at $50,000 will only have to put down $1,500 as down payment before being approved to borrow the balance of the purchase price. Freddie Mac often gives their borrowers up to 20 years to pay the money back, with options to refinance the mortgage if more beneficial terms become available. 


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

Energy Efficient Mortgage (EEM)

The Energy Efficient Mortgage (EEM) provides special benefits to borrowers who plan to buy a house that is energy efficient, or that can be made energy efficient by performing improvements that will reduce energy consumption. This relatively new mortgage is a powerful tool that households have at their disposal when purchasing a more comfortable home with lower energy bills. To qualify for this unique mortgage loan, the borrower must obtain a home energy assessment to certify that the home they plan to buy meets the required criteria.

Ready to apply for a home already? The Freddie Mac New Mortgage Program is now available and you may be shocked when you see how much you can save!

 HOME Investment Partnership Program (HOME)

The HOME Investment Partnership Program (HOME) is a federal assistance program administered by the U.S. Department of Housing and Urban Development (HUD) with the purpose of providing affordable housing to low and very low income families across the country. It is one of the largest federal block grants given to states, covering an extensive list of programs and services that help families going through financial hardship.

One key program is the home purchase or rehabilitation financing assistance. HOME can make a contribution towards a  down payment to help buyers qualify for a mortgage. Although not officially a grant, money awarded through this program doesn’t have to be paid back. Instead, the family has to handle the monthly payments of the loan.

Eligibility to this program is determined by the Federal Poverty Guidelines (FPG). Families must fall within the federal poverty level to be considered financially needy and qualify for this benefit. As of 2018, the poverty level is set around $12,000 a year in most states.

203(k) Mortgage & HomeStyle Renovation

The 203(k) Mortgage Rehab Insurance is a special type of loan sponsored by the Federal Housing Administration (FHA) that assist people and families when buying a home that is not habitable and which needs to be repaired before it becomes so. This loan is useful for parties that are interested in purchasing a home that needs improvements but don’t have the money to cover both the required down payment and the renovation.

A similar option would be Fannie Mae’s HomeStyle Renovation mortgage. Like the 203(k) mortgage, families can finance the purchase and renovation of a home with this loan. However, it also includes the option to refinance the mortgage for up to 75% of the value of the home after repairs are made so that the family can perform the improvements they want. 

203(k) and HomeStyle loans have strict requirements and guidelines that families must meet to become eligible. They require a contractor’s bid to be made to estimate the repair costs, as well as a down payment that oscillates between 3.5% and 5%. Also, unlike traditional mortgages, families are required to complete the renovations to access the part of the funds that were destined to pay the contractors.

Both loans are beneficial for low income families. They provide a way for families to improve their homes without having to face the high interest rates of a home equity line of credit or a second mortgage.

Rental Assistance

An increasing number of low income families across the country are unable to buy a house, preferring to rent instead. The federal government operates a variety of assistance programs designed to make it easier for households to address their monthly rent payments without it becoming an economic burden. These housing programs are managed by the Department of Housing and Urban Development (HUD) and they provide financial assistance to families who need it most and are eligible to receive the benefits.

According to their needs, low-income families can apply for programs such as Section 8’s Housing Choice Voucher (HCV), which gives them a housing voucher that can be used to rent the house or apartment they desire, or the Project Based Section 8 Rental Assistance, which offers subsidies to landlords so that they can lower the monthly payments of tenants.

You’re Accepted, Here Are Your Scholarships to Finish School

Getting accepted is just the start. We don’t need to tell you that education can be expensive. You want to access higher-paying jobs and opportunities not currently available? A degree will get you there, but be aware the cost has stopped many aspiring students from afechieving their dreams. To get your financing together, here is everything you can apply for right now.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

In this article, we explore the different methods that low-income families and individuals can take advantage of to obtain the degree they desire. We provide information about grants, scholarships and other resources that is easy to understand and that can prove consequential in the road out of financial hardship.

Education Grants

Educational grants are usually given by academic institutions and non-profit organizations to individuals with high qualifications that require financial assistance to continue their studies. Along with scholarships, educational grants are one of the most popular resources that many pre-graduate students rely on to go through college.

Educational grants don’t have to be repaid, but most institutions have a long list of requirements that applicants must meet before they are awarded the money they need to cover their college and living expenses. For example, they must have high grades and a clean record, and some organizations also request recommendations from academic institutions.

Pell Grants

The Pell Grant is a subsidy provided by the United States government to students who are in financial need and cannot afford to pay for college. It was created in 1965 and since then has become one of the most popular educational grants in the world, helping more than 5.5 million college and vocational school students across the country.

Pell Grants are considered as the bedrock above which a student’s financial aid is established. Most Pell recipients enjoy the benefits of other forms of aid that are attached to their grant as a single customized package that is adjusted to their needs. This money is then awarded to each recipient on a yearly basis so that they can pay for any expenses.

The Department of Education maintains a standard formula that it uses to determine which students qualify to receive a Pell grant. The formula produces a number called the Expected Family Contribution (EFC) which determines eligibility. In addition to that, applicants must also be undergraduate students who have yet to obtain a bachelor’s degree. Both U.S. citizens and permanent residents can apply.

To receive the Pell grant, families must submit an application using the Free Application for Federal Student Aid form, commonly known as FAFSA. The form has to be submitted before the student starts their freshman undergraduate year and then each year as they progress through college. Each year, the government will review their application and determine how much money will be granted as a result. As of 2017, eligible students are given no more than $5,900 each year to cover their expenses. 


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

FSEOG Grants

The Federal Supplemental Educational Opportunity Grant (FSEOG) is another alternative that students can explore if they find themselves in a position where they cannot afford to pay for college. Similar to Pell Grants, FSEOG Grants are awarded to college undergraduate students and do not have to be repaid. A recipient of this grant receives between $100 and $4,000 each year to help them cover their college-related expenses.

To be eligible for a FSEOG grant, a student must meet certain requirements. First, their family must fill the FAFSA form to allow the government to calculate the Expected Family Contribution (EFC). This will determine if the student is in financial need, as well as how much money will be awarded by the grant. Second, the student must be a U.S. citizen. Permanent residents of the United States are not eligible for a FSEOG grant.

FSEOG Grants can also be awarded directly to schools, which then choose which students are in financial need and how much money they require to successfully complete their school year. In this case, the federal government covers up to 75% of the grant, while the school is responsible for the remaining 25%. The amount of FSEOG money given to a school varies each year, depending on a variety of factors.


Scholarships are one of the most popular options for students all around the world. Many organizations and educational institutions award thousands of scholarships every year as students look for ways to reduce the costs to obtain their degrees. Like grants, scholarships award students with money to cover college expenses. 

Some educational institutions make it so that scholarship recipients don’t have to pay to enroll and attend their schools. This is an invaluable resource for qualified students, paving the way for them to become successful professionals, and most importantly, achieve it debt-free.

Unlike grants, however, scholarships are given based on high grades or previous academic achievements. Some institutions also award scholarships based on individual talent. A big chunk of them are also handed out to individuals who focus on specific areas that the awarding institution is interested in pursuing, such as scientific research. 

Student Loans

Student loans are a last-resort option for many individuals that desire to obtain a college degree but for a variety of reasons are unable to qualify for either a grant or a scholarship. Most of these loans come from banks, and can become a significant economic burden for students as they go through college due to lack of significant income or rising interest rates.

To alleviate this concern, the federal government offers students the option to apply for a stafford loan. These special government-sponsored loans are made available to students that enroll in accredited institutions across the country and offer significantly lower interest rates. They are divided into subsidized and unsubsidized versions, with the former being approved only to students with financial need as demonstrated through their FAFSA application and Expected Family Contribution.

What You Need To Know About Boards of Nursing

There are more than 4.5 million licensed nursing professionals across the country. Before being allowed to work, they needed the approval of local government agencies known as Board of Nursing. These institutions regulate the industry and guarantee the safety of patients.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

Boards of Nursing were established around one hundred years ago when the healthcare industry began its expansion. Their purpose is to make sure all nursing professionals have the required qualifications to perform their duties without harming customers. In this article, we explain what role Boards of Nursing play in healthcare, and how to contact them.

What is a State Board of Nursing?

A Board of Nursing, also known as BoN, is a local government institution that oversees the practice of nursing in a state. The responsibilities of a Board of Nursing includes regulating what nurses can do, what is required for them to work, and what qualifications they must have. To accomplish these goals, Boards of Nursing design and issue licenses to qualified nursing candidates, and approve training programs. Nationwide, all Boards of Nursing collaborate to administer examinations.

Each state has its own Board of Nursing. Other territories, such as the District of Columbia, American Samoa, Guam, Northern Mariana Islands and Virgin Islands, also have a Board of Nursing. Some states have more than one Board of Nursing. California, Georgia, Louisiana and West Virginia have separate Boards of Nursing for Registered Nurses (RN) and Licensed Practical Nurses (LPN). Nebraska has a separate Board of Nursing that oversees Advanced Practice Registered Nurses (APRN).

Most Boards of Nursing were established at the beginning of the twentieth century with the purpose to standardize the practice of nursing. Nursing licenses were created to protect the public from harm, establishing minimal qualifications for anyone who wished to become a nurse. In 1978, the National Council of State Boards of Nursing (NCSBN) was created to help standardize the nursing practice across the country. This institution is made up of all state Boards of Nursing, and its main job is to administer the National Council Licensure Examination (NCLEX).

The National Council Licensure Examination (NCLEX) is a computerized test that all newly-trained nurses must pass before being allowed to work. There are two versions of the test. The first one is called NCLEX-RN and must be taken by registered and advanced practice nurses. The second one is called NCLEX-PN and must be taken by licensed practical and vocational nurses. Some entry-level positions, such as certified nursing assistant (CNA) and home health aide (HHA), do not require this test. However, they must pass other examinations before being allowed to work.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

The importance of Boards of Nursing

Boards of Nursing play a critical role in the industry. They design and implement regulations that ensure safe nursing care to patients, avoiding malpractice and harm. Before Boards of Nursing were created, the general public did not have sufficient tools to determine which healthcare providers were qualified to provide safe care. Nowadays, nurses and healthcare providers must comply with strict local and federal regulations that guarantee a minimum level of safety for patients. State Boards of Nursing enforce those regulations, and expand them if necessary.

Boards of Nursing are also important because they issue licenses most nursing professionals require to work. This includes licenses for registered, licenced practical and advance practice nurses, as well as certificates for nursing assistants, occupational therapy aides and home health aides. As of 2018, more than 4.5 million healthcare professionals hold a licensed issued by a Board of Nursing, with more than one million expected to receive one in the next few years.

Another important role played by Boards of Nursing is approving training programs. To receive a license or certificate from the Board, aspiring nurses must complete a state-approved training program. These programs are offered by community colleges, vocational schools and some hospitals. The name “state-approved” means that the program meets the training guidelines set by the local Board of Nursing. The list of requirements set by the Board may include specific content in lessons and mandatory practices in a hospital or healthcare facility.

How Boards of Nursing Operate

Boards of Nursing operate based on regulations approved by state legislatures. These regulations were first approved as part of Nursing Practice Acts, which defined the practice of nursing within the state and laid out local requirements for licensure. The main job of a Board of Nursing is to enforce these regulations through administrative rules and proceedings.

To carry out these tasks, the board has a group of members elected by the governor, as well as full-time staff tasked with keeping records, updating procedures and providing assistance and information to newly-trained nursing professionals. The functions of the board are funded by fees paid by licensees. In most cases, those fees are enough to cover operational costs, although some states offer additional funding when needed.

How to contact a Board of Nursing

Boards of Nursing usually have one or more local offices. However, in some cases, these offices may not be available to the public. Florida’s Board of Nursing, for example, has a customer contact center interested parties can only reach by phone. For applications and fee payments, applicants are offered instead a P.O. Box. New York’s Board of Nursing, in contrast, is part of the state’s Education Department and can only be reached by phone.

As a result, contacting a Board of Nursing often requires calling a phone number or sending an email. New York’s Board of Nursing also receives written statements from applicants through the state’s Office of the Professions. Each board has its own contact protocols, so interested parties may find it useful to visit their local nursing board’s website to find out which methods are available.

Finance Your College Degree With A Student Loan

Attending college requires spending thousands of dollars each year. Most families do not have the required financial strength to send their children to college. The federal government is aware of this, and has created several student loan programs to help individuals attend college and get an education.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

Other financial institutions such as banks and credit unions also offer student loans for families who do not qualify for federal assistance. However, they do not carry the same benefits people might enjoy with federal student loans. In this article, we explain how student loan works and what it takes to submit an application.

The basics about student loans

Student loans are designed to help individuals fund college expenses. They are offered by the federal government, as well as private financial institutions. However, unlike other forms of unsecured funding, student loans must abide by certain regulations.

Student loans differ from other funding sources in several ways. First, they have lower fees and interest rates than other loans. Those interest rates are regulated by government policies and stay the same regardless of financial history. Most student loans have fixed interest rates, which can be subsidized or paid by the government under certain conditions.

Second, student loans have lower approval requirements. In general, most students do not enjoy a good salary or have extensive credit histories. This would make it difficult for them to receive funding. However, most student loans are guaranteed by the government, which reduces risk. This only applies to federal student loans, as private ones often come with less benefits and higher interest rates.

Finally, student loans often come with several borrower-friendly benefits to reduce the financial burden of monthly payments. Student loans obtained through the Department of Education have the most benefits, though some private lenders also provide them. The most common benefit of student loans is delayed payment. This means borrowers will not start paying back the loan until they finish their degree and get a job. In some cases, the federal government will cover interest payments during that period to make sure loan balances do not increase.

Another common benefit is known as deferment. This feature allows borrowers to halt loan payments while they are unemployed without facing a loss of credit score, late payment fees or penalties. However, there are some caveats to keep in mind. First, despite pausing payments, lenders might still charge interest during this period. Also, borrowers must apply and qualify for deferment before they stop making payments. The length of deferment is usually six months, although it can be renewed several times as long as borrowers still qualify for the benefit.

People who have taken out student loans may also qualify for certain tax breaks and deductions. For example, borrowers can deduct up to $2,500 each year from their loan interest. However, people who earn more than $65,000 each year will not qualify for the full deduction. Instead, the amount is determined by a tiered system according to annual income.

The difference between private and federal student loans

Student loans are offered by the federal government as well as private financial institutions. However, over 92 percent of borrowers have student loans issued by the federal government. This is because such loans have more generous benefits compared to those issued by private institutions.

The majority of students borrow from the federal government to cover most college expenses. If anything else arises during their college stay, they often turn to private lenders to cover the difference. Banks, credit unions and online lenders are among the list of institutions who are willing to help students fund their college studies.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

The main difference between federal and private student loans is their terms and benefits. Federal student loans are designed to meet the needs of students. They also come with additional safeguards to protect their financial stability, such as deferment or loan forgiveness.

In contrast, private student loans are just unsecured loans offered to students. They often come with higher interest rates that match other funding sources and have less generous repayment options. Also, unlike the federal government, private lenders require good credit and sufficient income to meet monthly payments. Most students have no income until they graduate, which means they must rely on their parents or friends with good credit histories to co-sign the loan.

Private student loans often come with no deferment, loan forgiveness or delayed payment option. This makes them best suited for graduate students who already hold an undergraduate degree and have steady income. In general, the federal government offers less benefits to graduate and postgraduate students.

However, some federal loan programs are still preferable over private loans if the borrowing amount is sufficient to cover the cost. Federal direct unsubsidized loans, for example, offer up to $20,500 per year, which may not be enough to cover tuition for a graduate or postgraduate program. In such cases, students may need to complement federal funds with a private loan.

Types of student loans

Not all student loans offer the same perks and benefits. The federal government, as well as private institutions, have different loan offers that adapt to what students need. The federal government handles three major student loan programs designed to help undergraduate, graduate and postgraduate students receive funding.

The first type is known as Perkins loans. They are the optimal choice for undergraduate students who do not have steady income. Perkins loans come with low, fixed interest rates and are made available to all qualifying students regardless of credit history. However, like Pell Grants, Perkins loans are awarded based on financial need. Funding is limited and only low-income families who cannot afford traditional loans are considered.

An undergraduate student who is awarded a Perkins loan can receive up to $5,500 each year, for a maximum of $27,500. Graduate students receive $8,000 each year, for a maximum of $60,000. However, the limit for undergraduate and graduate is shared, which means that an undergraduate student who borrowed $27,500 will only have $32,500 available to fund their graduate program.

The second type is known as Stafford loans. They provide more funding that Perkins loans, and students have access to a interest subsidy according to their financial need. Students who receive a subsidized Stafford loan do not pay interest while they attend school. Those who do not qualify must pay interest soon after disbursement. In general, only undergraduate students are eligible for a subsidized Stafford loan. Graduate and postgraduate students are only eligible for the unsubsidized version. In both cases, students will not have to repay the loan balance until they graduate.

Stafford loans award undergraduate students funding according to whether they are financially dependent from their parents, and their year in college. For example, a freshman undergraduate student living with their parents can receive up to $5,500, which matches a Perkins loan. However, if the student is independent, the annual limit is raised to $9,500. A sophomore student will receive $6,500 and $10,500, respectively. Graduate or professional students can borrow up to $20,500 each year. Stafford loans also have borrowing limits. Dependent students can borrow up to $31,000, while independent students are awarded $57,500. Graduate students are given significantly more funding, with a limit of $138,500.

The federal government also offers PLUS loans, which are similar to those offered by private lenders. They require a minimum credit score and students start paying soon after receiving the money. Private student loans and PLUS loans share many features, including higher interest rates than Perkins or Stafford funding, no delayed payments or subsidies. Also, PLUS loans are awarded directly to parents instead, as undergraduate students do not have the required credit score to qualify.

Finally, consolidation loans are also made available to help students streamline monthly payments. They combine multiple student loans into a single one, often with better repayment terms. However, consolidating several federal student loans into a single private loan may have its drawbacks. For example, students may lose access to deferment and subsidized interest payments. They may also be subjected to higher interest rates if their credit score is not robust.

How to apply for a student loan

Students who want to apply for a federal student loan must first complete and submit a Free Application for Federal Student Aid form, also known as FAFSA. This document is used by the government to determine how much assistance a current or prospective student qualifies for. The form must be submitted annually and includes financial information about students and their families.

According to the results of the FAFSA form, colleges and universities will send students a financial aid offer that best suits their financial position. This offer may include access to grants, scholarships or federal student loans. Some institutions award partial funds under certain circumstances.

The specific steps needed to complete the application process vary by institution. Students are advised to contact the financial aid office to receive details regarding the process. However, most students will be required to complete entrance counseling, which teaches students about their loan obligations. They must also sign a Master Promissory Note, in which they agree to the terms of the specific student loan they will be awarded.

Grants And Scholarships For Adults Returning to College

According to the National Center for Education Statistics, there are more than 8 million adult students in America. A significant number have previously attended college but were unable to finish their degrees. Others were willing to come back, but the the right circumstances had yet to materialize.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

The federal government has a variety of grant and scholarship programs adult students can take advantage of to achieve their educational goals. Some organizations and private institutions also collaborate with initiatives which can provide significant relief to adults pursuing a college degree.

In this article, we discuss the best known grant and scholarship programs adult students can rely on to make attending college a more affordable journey. With the number of adult students expected to rise 18 percent by 2025, it is important to understand which methods are available to reduce the cost of attending college.

Completing the FAFSA application

Adults thinking about returning to college should prepare to fill the Free Application for Federal Student Aid form, commonly known as FAFSA. This step is required to receive any type of government assistance, including financial aid from the major federal grant programs.

Some might think FAFSA applications are only for high school senior students. However, anyone can fill out the form. Adults students can apply freely if they are U.S. citizens or legal resident, have a valid Social Security number and a high school or general equivalency diploma (GED). To fill out the form, prospective students must provide detailed information about themselves and their family. Additionally, the federal government requires financial documents, such as tax returns, to determine how much money can be awarded through its programs.

Filling out the FAFSA form should be done annually, even if the person has yet to decide when to attend college. Doing so will create a record of their social and economic situation that’s needed to access federal student loans if grants are not available. Federal student loans have generous conditions, including low interest rates and flexible repayment policies.

Grants To Go Back To School

Students in the United States have access to a variety of programs which help pay for college. The U.S. Department of Education administers the largest education grant programs in the country, the Pell and FSEOG grants. They provide financial assistance to low-income Americans who cannot afford an education, including adults returning to college. State governments often run programs offering financial assistance to local residents.

Grants, unlike loans, don’t have to be repaid. They are a form of subsidy given by the government as long as certain conditions are met. The main requirements to qualify for a federal education grant are filling the FAFSA form and falling within the eligible income brackets. Other factors such as maintaining a Satisfactory Academic Progress (SAP), being a U.S. citizen or eligible resident, and having a high school or equivalent diploma are also taken into consideration.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

Pell Grants

The Pell Grant is a subsidy provided by the United States government to undergraduate students who cannot pay for college. The program was created in 1965 and is currently the largest educational grant in the country with more than 6 million recipients including students from colleges and vocational schools. Pell grant money is awarded annually, usually at the beginning of the academic year.

To become eligible for a Pell grant, prospective students should fill and submit the FAFSA form before the academic period begins. The government will use the information provided by the applicant to produce a number called the Expected Family Contribution (EFC). This number is used to confirm the applicant’s eligibility and determine the amount of money to be given during the academic period.

Adult students should keep in mind that the government evaluates a wide array of factors when calculating how much money is awarded to Pell grant recipients. For example, college tuition and annual family income have a significant effect in the calculation. Whether the student plans to attend college part-time or full-time is also relevant. As of January 2018, the maximum amount of financial aid which can be received through a Pell Grant is around $6,000 annually for up to six years.

FSEOG Grants

The Federal Supplemental Educational Opportunity Grant, better known as FSEOG, is an alternative for students who cannot afford college. Similar to Pell Grants, FSEOG Grants are awarded to undergraduate students who meet the required criteria. However, the FSEOG program awards between $100 and $4,000 annually only to U.S. citizens. Legal residents have no access to the program and must look for other funding avenues.

Another key difference is that the federal government often awards FSEOG funding directly to educational institutions, which then choose which students are in financial need and how much money they require to successfully complete their school year. In this case, the federal government covers up to 75 percent of the subsidy, while the school is responsible for the remaining 25 percent.

Adults students who were unable to receive a Pell grant can try and apply for FSEOG funding. There requirements are similar to Pell Grants with the exception that only students of participating schools are eligible. FSEOG grants are often awarded on a first come first served basis, so applying as early as possible increases the chances of receiving the grant. Students who want to maximize their chances can apply to receive Pell and FSEOG funding simultaneously. However, they can only participate in one of these grant programs at a time.

TEACH Grants

Students pursuing a degree in teaching or educational administration are eligible to receive financial aid from the federal government through the Teacher Education Assistance for College and Higher Education Grant, better known as the TEACH Grant. This form of financial assistance is available to undergraduate, post-baccalaureate and graduate students. However, they must be willing to teach in a low income school for at least for years to become eligible for the grant.

TEACH recipients receive as much as $4,000 from the government to finance their educational careers. If, for any reason, a student is unable to complete the mandatory four-year tenure at a low income school, the government turns their grant into a federal student loan that must be paid back. Adult students interested in this funding source must carefully consider the mandatory conditions before accepting a TEACH grant.

Grants awarded by local governments

Many states run grant programs designed to help local residents get an education without going deep into debt. For example, the state of New Jersey operates a financial assistance programs targeting adults who have previously abandoned college. The programs offers them financial incentives to continue studying without affecting their finances.

Other states run similar programs meant to provide a way for the local population to increase their earnings. Adult students looking for local help can receive information about regional assistance programs at the local government offices.

Scholarships for Adults

Scholarships are a popular funding source for adult students across the country. Many organizations and educational institutions award scholarships every year to help both young and adult students afford the cost of their degrees. Like grants, scholarships don’t have to be repaid, though the requirements to receive them are often higher.

Adult students looking for financial assistance through scholarships should keep several things in mind. Unlike grants, scholarships are often based on high grades or previous academic achievements. The individual talent of applicants is also important. Some institutions only award scholarships to students focusing on academic subjects which are of strategic value to the grant committee.

There are some scholarships who behave like grants, though most are given following unique criteria. For example, the Return2College scholarship is awarded every year to students pursuing an undergraduate or graduate degree. The prize is $1,000 and applicants must submit an essay to be eligible. The Unigo $10K Scholarship awards $10,000 to students enrolled in an accredited post-secondary institution. The process to participate is similar to Return2College: students must submit an essay answering the question set by the Unigo organization.

Some scholarships target older students specifically. For example, the Imagine America scholarship awards $1,000 to nontraditional students who are 21 years or older. The program is meant to help adults going through financial hardship. However, they must become members of the Imagine America foundation to become eligible for the scholarship.

Education Grants For Single Parents

We’ve heard amazing stories of single parents completing an education while raising children full time. However, there are many more stories of single parents who forget about continuing their education after they have children.

If you need help right away, this relief program will deposit a short term loan into your bank account. Review the terms of this funding closely before accepting these funds.

Often times a single income may be just enough to cover basic expenses. For many single moms and dads, getting a student loan to attend college is not accessible and the interest payments are not affordable.

This guide is about finding sources of financial aid that single parents can rely on to finish college. Education grants are one valuable but commonly misunderstood resource for adult students. In this guide, we’ll show you specific benefits offered to single parents who want to obtain a college degree.

What are education grants?

Education grants are a form of financial assistance that academic institutions, non-profit organizations, and government agencies provide to applicants who show academic potential but lack the means to cover college expenses.

Unlike scholarships, which usually only cover the cost of college tuition, education grants provide a yearly sum of money that students can use to cover most college-related expenses along with food and housing.

Some institutions ask participants to sign up for other federal programs such as the Supplemental Nutrition Assistance Program (SNAP), or Food Stamps, to make sure they have access to basic necessities. Single parents, unlike other students, have to also manage child care. Government agencies may require them to enroll in childcare programs such as Head Start or Pre-K before they can attend college. This is to ensure basic necessities are met while pursuing a college degree.

The most popular grants may have what you need

The most popular education grant programs for single parents, include the Pell and the Federal Supplemental Educational Opportunity (FSEOG) Despite their focus on first time college students, Pell and FSEOG grants are also made available to single parents who don’t yet have a bachelor degree.

To participate in either program, applicants must fill out and submit the Free Application for Federal Student Aid form, commonly known as FAFSA. This document will help the government determine how much financial assistance applicants are eligible for. Eligibility is determined based on individual income and family income.

Single parents are usually granted the highest amount provided by grant programs. For Pell Grants, that amount won’t exceed $6,000 each year, while FSEOG grants award no more than $4,000. The amount of financial support given to a single parent is reviewed each year, taking into account changes in their annual income, and participation in other federal programs. Grantees receive the money over a period of six years. After that, applicants must rely on other financial sources to continue their studies.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.


Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

Pell Grants and FSEOG Grants are mutually exclusive. This means that a single parent who receives college funding through a Pell grant will not be able to obtain the benefits of a FSEOG grant, and vice versa. Choosing which grant is best for you depends on your financial stability, income level and academic record. Obtaining a Pell grant may be challenging because, thousands of students apply each year, making the awarding process very competitive.

Single parents may have better luck through a FSEOG application because Agencies often award FSEOG funds directly to institutions. Institutions have greater flexibility to determine which of their potential students need the most help.

Submitting a FAFSA application also provides additional benefits. Single parents who graduated from high school after 2005 have access to the Academic Competitiveness Grant (ACG). This is a merit-based program that awards college funds according to a student’s academic record. Similar to the National SMART Grant, the ACG program does not consider income level when choosing recipients. This may make it harder for single mothers and fathers to receive the benefits, but those with outstanding high school grades and other academic achievements are often approved.

Explore other options in your state or community

Pell and FSEOG grants may be the most popular avenues to obtain college funding aside from loans. However, they are not the only options available. States and local communities often run parallel programs best suited to reach the needs of their residents.

For example, the state of New York runs a popular program called Tuition Assistance Program (TAP), which awards up to $5,000 in college funds each year to students who attend a designated institution. Undergraduates living in New Mexico have access to the College Affordability Grant (CAG), which awards up to $1,000 per semester to students going through financial hardship.

This group often includes residents who are single parents. The CAG benefit can be renewed for up to 8 semesters. People living in Kansas can take advantage of the state’s Comprehensive Grants program, which awards up to $3,000 annually in college funds.

Those are a few examples of the financial assistance programs individual states have set in motion to support residents who want to or already attend college. Single parents are often automatically eligible to receive the benefits, given that their average annual income nationwide is close to the federal poverty line at around $28,000, or about a third of the average income of two-parent families. This means that a significant number of single-income households are eligible for numerous federal programs, including education grants and college support.

The rise of single parents remains a concern nationwide. Getting a college degree is proven to bring single-income households into higher earning positions. For some, an education grant is the proven path to achieve independence.