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Student Financial Aid is available to eligible parties in many different forms. The Obama administration has taken a number of steps to help mom's get back to school. They have introduced legislation and induced a number of private enterprises to offer scholarships; some as high as 0,000 for qualifying applicants.
The great advantage of these grants and scholarships is that they are they are not loans; they are tax free grants and do not have to be paid back. Obtaining a grant is the most viable way for moms and/or most lower income people to jump start their initiation or return to school.
Obama's Actions on Student Financial Aid
Early in the Obama administration they introduced legislation to increase Pell Grants for low income students. The grant is now capped at ,500 where it was previously set at ,050.
In addition, the American Opportunity Tax Credit Program allows for first ,000 of your education to be tax free.
How to Apply
By doing a FAFSA (the Free Federal Student Application) moms can provide all the information required by a particular school and the federal government. The Department of Education's web site www.fafsa.ed.
