One option you may consider for decreasing the cost of chiropractic schools is to apply for a grant. A grant is an award of funding, often by a government entity, in exchange for the completion of a project that may benefit the public. In an academic setting, promising students carry out this potential public benefit by completing their education. A grant differs from a student loan in that no repayment of the funds is necessary.
Currently, the most common grant awarded to college students is the federal Pell Grant. The Pell Grant is provided to eligible college students who have established the need for financial assistance to pay for college. In order to be eligible for a Pell Grant, you must have attained a high school education, be a U.S. citizen or otherwise eligible international student, and be capable of benefiting from the academic program you seek to enter. Although Pell Grants are typically awarded to undergraduates, GlobalOneness.com reports that many chiropractic school programs are also eligible.
At the start of the 2010 school year, the maximum Pell Grant award a student could receive for that year was $5,500. The factors that determine the amount of grant money awarded include the tuition amount at your school, additional fees and supplies, and the number of hours you attend the school. Your overall eligibility levels, as delineated by the federal guidelines, also are a factor in your award amount. Students who seek an accelerated course load can apply for two Pell Grants in one year.
In order to be considered for a Pell Grant, you must fill out the the Pell Grant application . It's official title is the Free Application for Financial Student Aid (FAFSA), and it is available online. Different schools may have varying deadlines for filing your application for a Pell Grant.
Other federal grants offered to college students include the Academic Competitiveness Grant, the National SMART Grant, and the Federal Supplemental Educational Opportunity Grant. Not all student grants are available to chiropractic school students, and the grants provide varying amounts of financial assistance.
Furthermore, many schools offer their own grants in various amounts. These grants may be based on financial need, or may be bestowed on students who embody academic merits or other qualities that are prioritized by the school. To learn more about an individual school’s grant opportunities, you can investigate the school’s website, or talk to an advisor or other contact at the school.