Being offered free money, especially from the federal government, is exciting. Think of the many ways you can use your "funds" to acquire a home, invest in business, or pay for your bills and college fees. But, watch out. While the government does provide grant funds, there's no such ...
Grants, likescholarships, generally represent money that doesn't have to be repaid. However, there are circumstances when you might have to repay some or all of your Pell Grant. Those include dropping out of the program of study for which you were awarded the grant, changing your attendance ...
However, a smaller percentage of students are borrowing money to pay for college. In 2009, about 68% of college graduates had taken on student loan debt, while in 2023, 59% of graduates had borrowed, per data reported to U.S. News. The average total student loan debt, which ...
The Pell Grant can theoretically be used to pay for any expense. However, using these funds on expenses that aren’t considered “qualified education expenses” may make the money subject to taxation. Let’s dive into some use cases. Can the Pell Grant be used to pay rent? The Pell Grant...
By clicking submit, you are agreeing to our Terms and Conditions & Privacy Policy. You May Also Like A Guide to College Financial Aid Financial aid is any form of funding that helps a student pay for college, such as a Pell Grant, loan or merit-based scholarship. Sarah Wood Jan. 23, ...
iceberg. Only about 2% of grant money is set-aside for college kids. And you're not a kid anymore. You're a grownup now, with dreams to fulfill, places to go, a family to raise, and bills to pay. There are thousands of little-known organizations you can turn to for help, ...
business money, usually through an online platform. The lender earns interest on the loan, but the idea is that you as the borrower usually get a more competitive rate of interest than you would with a mainstream bank. Just be aware that you might need to pay a fee to arrange the loan...
Apply for their parental leave grantknowing that The Mom Economy relies on the generosity of donors and might close applications due to a lack of resources. Food Stamps New mothers might be able to get food stamps while on unpaid maternity leave. The Supplemental Nutrition Assistance Program (SNA...
Before getting a service dog, consider the associated costs, such as training, food, trips to the vet and care. If you cannot use a program, consider a personal loan, grant FSA account or fundraiser to get the funds. Service dogs can change the lives of those who need them. They are ...
But it is possible to build back financially, so try to get started and get organized as soon as you safely can. And if you're experiencing financial strain, reach out for help. Taking advantage of grant programs and relief organizations can help you get back on track as quickly as ...