Federal Financial Aid

There are basically three types of federal student aid:

• Grants - free money
• Work-Study - money you earn
• Loans - money you pay back at a later date

More information is available from:

• The Federal Student Guide
• Get Money for College at: studentaid.ed.gov
• Tools and Resources at: studentaid.ed.gov

University Aid

University aid is financial assistance provided to students available from University funding.   For UMFK this type of assistance is usually in the form of scholarships, (i.e. free money).  Some of these funds can be from various donations made by community members, as well as, alumni.

Understanding the Financial Aid Process

The following links have been made available to assist you with sources of financial aid information.

• Prepare for College
• Applying for Admission
• FAME - Financial Aid Basics
• Mapping Your Future
• Financial Aid Facts
• Glossary of Financial Aid Terms
• The Student Guide (By topic)
• Funding Education Beyond High School
• Student Aid on the Web - Preparing for your Education
• Popular Resources (from ECM.org) for high school students, undergrads, & parents
• FAFSA (Free Application for Federal Student Aid)
• Federal Student Aid.ed.gov
• Getting Your Federal Student Aid PIN
• U.S. Dept. of Ed.'s student aid programs
• Funding Your Education
• The Student Guide (Book)
• Finance Authority of Maine (FAME)
• Senior Year College Planning Calendar (Mapping)
• College Planning Calendar (studentaid.ed.gov)
• Financial Aid Basics (students.gov)
• Students.gov
• KnowHow2Go.org
• Federal StudentAid.ed.gov/federalaidfirst
• Education Planner.org
• First Steps toward College
• FAQ's
• Audio and Video Programs - Fed. Student Aid

The Current Top Eighteen Most Frequently Asked Questions? (Courtesy of Studentaid.ed.gov)

Paying for College - (Courtesy of College.gov)

• Video on Youtube - How to Pay - Christine
• Video on Youtube - How to Pay - Giselle
• Video on Youtube - How to Pay - Kimberly
• Video on Youtube - How to Pay - Bruna

Other useful sites:

• KnowHow2go.org - the 4 steps to college