Here's the Latest
Uncle Sam's Increasing the Pell Grant
The biggest, and often the most changeable college grant money is the need-based Federal Pell Grant which jumps to $4,800 for the 2008-2009 school years, and up to $5,200 in 2010.
College Work-Study is true College Money
One of the most lucrative programs available today is the Federal Work-Study Program. While not classified as a grant, the program allows you to earn hundreds of dollars each month while working on campus. It's a win-win for everyone!
A Win-Win for Student Leaders!
Students: once you finish perusing The College Trap and logon to all the financial aid inks we provide on our exclusive website, you'll be the smartest kid on campus. Your friends will be coming to you for advise.
We'll link you to hundreds of scholarships!
Here's how it works: There are links on nearly every page found in The College Trap. Each link is activated when you open the exclusive website address we give you. It's that simple.
Your Loan May be Forgiven!
Remember, those who qualify for the Pell Grant may also qualify for a Federal Perkins Loan -- where thousands of student loan dollars can be forgiven. In addition, Uncle Sam just announced a new forgiveness program that allows student loans to be forgiven after serving a minimum of 10 years in the public service area. For details see Reduction Act.
Stafford Loan Forgiveness
The revised Teacher Forgiveness Program allows the cancellation of up to $17,500 of a student's expensive Stafford Loan.
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