This article is ideal for adult or returning students who want to know what the differences they should be aware of financially when it comes to attending school again. 

 

So you’re an adult returning to school to continue your education? Congratulations, you’ve taken a great step in just making the decision. Now, to make the dream a reality. 

 

Step 1: File your FAFSA As Early As Possible
the earlier you submit it, better the financial aid package. You can begin submitting on Jan 1. The FAFSA does not have any age restrictions, although students who have already received one Bachelor’s Degree will not be eligible for the Pell Grant. Follow the instructions on our Step By Step Guide to the FAFSA.

 

Step 2: Supplemental Form Check
Check the FAFSA for details regarding state-specific need-based aid and any additional forms you may have to submit to obtain those grants/loans. 

 

Step 3: School Check
Check with the schools you are applying to, and file any additional financial aid forms they may require for financial aid from the school itself. 

 

Step 4: Bottom Line Calculation
When you get your award letters from each school you are considering, read them carefully and calculate the new bottom line – that is, the actual cost to you of attending the school, after grants and scholarships from the federal government or the school are taken into account. For clarification on the details of what each type of loan or grant that the government offers are, see our pages on Loans and Federal Grant Programs.

 

Step 5: Work Sponsored Tuition Assistance
If you are currently employed, ask your employer about tuition assistance programs. These are mostly available through large companies. They often ask something in return: a set number of years working for them after graduation, a GPA requirement, or to keep working for them during school. 

 

Step 6: Final Comparison & Considerations
Compare, weigh, review, and decide! Once you have applied to both Federal, State, and College-Specific financial aid programs, it is up to you to decide where YOU want to go! 

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