Within the United States, the major source of student financial aid is the U.S. Department of Education (DoED). About 70% of the student aid that is awarded each year comes from the U.S. Department of Education's programs. The Department's aid includes grants, loans, and work-study. DoED disburses approximately $52 billion per year in educational program funding. Over 7,000 U.S. and international universities participate in DoED financial aid programs. During 2002, approximately 12.6 million students applied for Federal Student Financial Aid. Of these, nine million applied electronically via the internet. Visit the DoED federal student aid website
to learn more. Most foreign citizens are not eligible for federal student aid. There are, however, some instances in which non-citizens may be eligible for financial aid from the U.S. federal government. You can learn about state aid programs by contacting your state higher education agency
. U.S. student aid is also available from other federal agencies, such as the U.S. Department of Health & Human Services and the U.S. Department of Veterans Affairs. For more information, click here
Tuition and Fees
Tuition varies widely from school to school. Check the the University Search Engine
for recent tuition rates. College Opportunities On-line
(COOL), developed by the National Center for Education Statistics
, also presents current information on university costs, information on financial aid, enrollment, and types of programs offered at thousands of postsecondary institutions within the United States.
Grants and Scholarships
Many organizations offer grants and scholarships to assist in offsetting the cost of attending a university. Some engineering societies
offer special scholarships. Some scholarships are based on financial need, some are merit-based based, while others may support students with special skills or interests. Studentaid.ed.gov
offers a broad list of grants and scholarships in the United States.
Resources and Publications
- The Counselors and Mentors Handbook 2012-13 provides useful information to help middle and high school counselors and other mentors advise students about financial aid for postsecondary
education. This book focuses on the federal student aid programs administered by the U.S. Department of Education.
College Is Possible is a resource guide for parents, students, and education professionals.
Student Aid on the Web covers every aspect of a student's life from preparing for school through entering student loan repayment, in an easy to use format.