Financial Aid
Fund your future
A college education doesn’t have to be a financial nightmare. Financial aid makes it possible to pursue your academic goals. Whether you plan to accept a loan or not, it is well worth completing the Free Application for Federal Student Aid (FAFSA) application.
The FAFSA determines your eligibility for numerous grants and aid for all income levels as well as for federal subsidized and unsubsidized loans, all of which can be affordable ways to fund your education.
Completing the FAFSA form ensures that you are aware of the best student loan options available to you. Students who don’t use FAFSA often revert to private student loans, which typically come with high-interest rates. However, federal student loans have low-interest rates, and federal grants do not need to be repaid.
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48%
OF IOWA LAKES STUDENTS GRADUATE DEBT-FREE!