For federal aid, it all starts with online completion of the Free Application for Federal Student Aid (FAFSA). To qualify, you must be enrolled in a qualifying degree or certificate program and taking a minimum of 6 credits to qualify for the full range of federal aid. View these details and deadlines if you plan to complete the FAFSA.
Don’t miss out on scholarships to help you pay for school. There are scholarships available for women, transfer students, students from diverse backgrounds, former and active military, and others.
The federal government provides several tax incentives that can help defray the cost of higher education. Tax credits directly reduce the amount of tax you owe each year, while tax deductions reduce your “taxable income,” the amount for which you pay taxes. The National Association of Student Financial Aid Administrators provides a guide to help you understand your options and you should also check with your financial adviser.
There are several free resources to help you plan and finance your education:
- College Planning Center of Rhode Island (offers counseling and scholarship info)
- Career One Stop (info about training and education-related aid programs)
Our knowledgeable advisers can help with your financial aid and scholarship questions.