First Things First: What is FAFSA?

The first step in receiving any sort of scholarship or financial aid for college is to complete the FAFSA. FAFSA, or free application for student aid, is a form that is filled out by every student wishing to be considered for college tuition. This is a federal form, and you only have to complete it once, unlike the past when you had to complete separate paperwork for each college you hoped to attend.

The FAFSA form will provide you with information that will determine the amount of money your family is expected to provide for your education. The difference between what your family is expected to pay and the amount of tuition at your chosen college can be covered by federally backed grants and loans. To reduce the amount that you are expected to pay further, you can apply for a variety of scholarships.

Academic Based or Need Based Scholarships

While there are a variety of scholarships available, they generally fall into two categories, academic based and need based. Academic based scholarships are determined on grades and test scores. Financial need is not a consideration. Competition for these awards is typically stiff, with many very strong candidates vying for the same scholarship. You may be required to submit an essay, or chronicle any previous volunteer work.

Need based scholarships are determined on the financial need of applicants. While grades are typically considered, the academic pressure is usually not as intense as with an academic based scholarship. Many scholarships are a combination of the two: needs based scholarships that require a high GPA, a concentration in certain subjects, community involvement, or specific career goals.

The Nursing Shortage

There is currently a nursing shortage, and the future outlook is that a shortage will remain through the immediate future. As our population lives longer and medical technology continues to grow, the need for nurses outstrips the rate in which they are completing school. This nursing shortage means that an industrious student is likely to earn enough scholarship money to pay his or her way through college and graduate debt free.

One program many hospitals have implemented is paying tuition for current nursing students. Of course, this does come with strings attached. Once the student graduates from nursing school, he or she is expected to work for the hospital for a prearranged period of time. If the nurse leaves before that time, he or she is responsible for paying back part or all of the tuition. This can be an excellent way for students who would otherwise not be able to afford college to earn a degree. Not only does the student graduate debt free, but they automatically have a job once they leave school. The years after nursing school can be spent gaining experience in a variety of hospital settings, and if they decide to move on once their obligation is fulfilled, they have a good idea of what field of nursing they are most interested in.

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