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How can I get free money for college?

When you are considering college, there are several options to give or receive. Some are offered by schools who offer free enrollment to those with low, low incomes; others are offered by non-profit organizations that offer help and free tuition for students struggling with money. Here are three examples.


The Federal Student Aid (FSA) Program

The Federal Student Aid (FSA) Program offers eligible students, usually the parents of student-aged children, a one-time gift of up to $25,000 to help pay for college.

FSA recipients must meet minimum income requirements, earn a 4.5+ GPA on their school report card, attend a certain level of enrollment, and be eligible to receive free tuition and fees over and above the Federal Pell Grant.

FSA funds can be used for tuition, books, transportation, and other educational expenses. The total amount received may not exceed the federal cost-of-attendance benefit at the college or universities where the student attended, plus an inflation adjustment that is determined based upon the Consumer Price Index for Urban Wage Earners (CPI-W) for that year.

There are different levels of eligibility for students to receive aid in student loans, scholarships and grants. The number of student loans accepted per recipient is determined based on the amount of loan in the borrower’s name as of the date his or her loan was received or, if their financial circumstances remain unchanged, no amount will be taken from the loan. The amount of aid received varies each year in the number of recipients of federal aid. In 2017, an average of over 60,000 FAFSA recipients received aid.

To qualify for the FSA program you must be a U.S. citizen or lawful permanent resident, or have a parent enrolled at the school, of a low income.

The American Red Cross (ARC) Student Loan Guarantee Program
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The ARC Student Loan Guarantee Program is a joint initiative between the American Red Cross and the Department of Education providing federal support to students and their families that may qualify for free college education through repayment of loans they took out, loans they are in repayment if they do not attend the school, loans taken out in a qualified deferral program, student loans received as part of an FAFSA program, or any outstanding loans they received during that year. You might also be eligible for an ARC Program Grant from the department of education.

The ARC program is open to individuals who met certain income requirements and have