Think it’s impossible to pay off your student loans without using your own money? Think again! Even though you’ve graduated, there are all sorts of grants and scholarships that you can use to start paying off your student loans. Not only does this mean less money out of your pocket, it also means you can pay off your loans even quicker.
Grants are typically awarded on a need-base. If you’re looking to ease the burden of student loans, there are grants to pay off student loans. Here are 3 ways to find grants.
1. Federal Grants
Just as the federal government offers student loans, the government also offers grants to help with loan repayment. There are all sorts of federal loans that are available including:
- Teacher Education Assistance for College and Higher Education (TEACH) Grant
- Iraq and Afghanistan Service Grants
- Federal Supplemental Educational Opportunity Grant (FSEOG)
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