Need to Know: Financial aid opportunities

Photo courtesy of Thinkstock

Fox financial aid counseling

K. Rambo

Many students’ families do not have enough to put them through college — even fewer are financially stable enough to pay for it, themselves. Here are some important avenues to consider when trying to pay for college. Make sure to fill out your Free Application for Federal Student Aid of FAFSA to get the process started. 

     1.    Grants:

Many have heard of the Pell Grant, which all undergraduate students with financial need qualify for, but there are other grants for students to apply for. Grants do not need to be paid back like loans. 

Iowa State University (ISU) Grant

The ISU grant is awarded by Iowa State to students the university deems to have a financial need.

Federal Supplemental Education Opportunity Grant (SEOG)

The SEOG is administered by the Office of Student Financial Aid and is awarded based on financial need.

TEACH Grant

The Federal Teacher Education Assistance for College and Higher Education Grant is available to help students who are pursuing a career in teaching.

      2.   Scholarships at Iowa State:

Iowa State offers hundreds of different scholarships for different majors and students in different colleges, as well as institution-wide scholarships. Students are generally awarded scholarships on the basis of need with GPA and classification requirements.

Scholarships for your major, college and Iowa State, as a whole, can be found on the Iowa State financial aid website. The financial aid department also has advisers on hand to help direct students to scholarships and assist during the application process. 

      3.  Private Scholarships:

Iowa State’s financial aid office can help connect students with private scholarships but 

many online resources are available to direct students to private scholarships offered by 

groups in industry you’re studying to be apart of. Professors, advisers and the internet 

together can help paint a more complete picture of how to #SecureTheBag.