If you’ve decided to attend interior design school, then you should spend some time researching the available financial aid for interior design students. The following are options for financial aid:
- Grants & Scholarships are a form of gift aid. They don’t need to be repaid or earned.
- Loans are a financial assistance that must be repaid with the additional accrued interest.
- Work Programs help you reduce your borrowing and pay for educational expenses through your schooling.
Additionally, there are three different providers of financial aid:
- Federal Aid. The U.S. Department of Education gives federal money in the form of loans and grants to students who’re attending accredited institutions. Of the most prominent forms of federal aid are: Federal Pell Grants, Federal Work Study, Federal Perkins Loans, Federal Stafford Loans, Federal PLUS Loans, and Federal Direct Loans. Each form of financial aid is different so it is important to research each one individually.
- State Aid. The state government distributes funds to interior design students based on a need or non-need basis. High-school counselors and state grant agencies will have the proper information for you.
- Institutional Aid. Check out if the interior design program at your school or if the interior design school you are attending offers individualized forms of aid.
Remember to fill out that FAFSA and send it to the interior design schools which you’re applying to. Exploring financial aid for interior design students can help make your dream of becoming an interior designer an affordable reality.