DegreeGo Blog

Financial aid is available in several different forms, including scholarships, grants, and loans. Military students also benefit from the Post 9/11 GI Bill. The following is a quick guide to the financial aid options available.

Scholarships

Scholarships may be provided by the school or by a third party. They typically involve the student meeting certain criteria (grade point average, ethnicity, type of major, hobbies, etc.) and writing an essay. Essays are judged and then the scholarships are divvied to the students that show the most need and academic potential. Scholarships do not need to be paid back.

The Post 9/11 GI Bill has had a shaky first semester, to say the least. Stories from military personnel like the Army of Dude are not at all uncommon and active duty, reserve, and veterans alike scramble to find some kind of sanity in the middle of the financial aid delirium. First semesters for programs usually have hiccups in them, and once these issues are ironed out, the new GI Bill will have a long-term positive result on higher education.

Some of the long-term positive effects include: more military members in high-level, corporate jobs; increased enrollment and diversity in military-friendly online schools, like American Sentinel University; and more military recruitment and retention as prospective students and families continue to pursue financial benefits from military service.