A r c h i v e d  I n f o r m a t i o n

Prepare Academically & Financially for College

U.S. Department of Education Resources

The U.S. Department of Education supplies 70 percent of the financial aid to college students in the United States through Pell grants, work-study aid, and college loans. For the facts about financial aid, call 1-800-4-FED-AID. The President has proposed new major initiatives to expand financial aid to help families pay for college (e.g., a $1,500 HOPE Scholarship as a tax credit for the first two years of college and up to a $10,000 tax deduction per family per year for college). Also, the U.S. Department of Education's FY 1998 budget requests $6 million to supplement state efforts to pay for the Advanced Placement fees of low-income students and $5 million to expand tech-prep programs. Funds are available from the U.S. Department of Education to underwrite the initial costs of planning and establishing school-to-career systems at the state and local level. For more information on school-to-work funding, contact your state department of education or call 1-800-251-7236.

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