Types of Financial Aid:

   Federal government

  Colleges—Institutional Awards

   State government

    Private scholarships

1.   Federal Government:

  Pell Grant (typically $6k for families making $23 or less.)  Smaller awards to families making $50k or less.

    Federal Loans:  Fill out your FAFSA and you will be awarded some amount of money as a low-interest loan. 

(Call Peggy Wellish for help with your FAFSA and other financial aid questions at (305) 877-0758 EST)

2.   Institutional Awards:

    Colleges often offer generous grants, or merit scholarships (free money) to students who want to attend their colleges. Typical awards are around 49% of the price of tuition.  Around 80% of students attending private schools receive some sort of award.  Students must complete their FAFSA and CSS Profile to be considered for these awards.

3.   State Government Grants

  Some states award money to smart, high-achieving students while other states award money to low and middle-income students.  In California, this money is available to students who attend either private or public schools in California.

4.   Private Scholarships

    This group represents the smallest source of money.  These scholarships can also reduce the amount of money awarded by the institution.  For this reason, private scholarships are most beneficial to affluent students who qualify.