Would you be surprised if I told you that every year over $100 billion is given out in scholarships? If you are wondering how to finance college, then consider grants, loans and scholarships, Hispanic, that are available.

Now is the, Hispanic, time to start thinking about how you can win some of the scholarships and grants that are offered to students, as well as, investigate loans for school.

Grants do not have to be repaid. Federal Pell Grants are undergraduate study programs and based on financial need.

There are Federal Supplemental Educational Opportunity Grants which are for undergraduates based also on financial need.

Federal Work Study programs are for graduate and undergraduate students also based on financial need.

Financial Aid loans have to be repaid. You can find out about these loans from your school counselor. The interest rate is low on these loans and favorable in length of time to pay them back.

Stafford Loans are subsidized loans where the government will pay your interest until you graduate and start paying back this loan.

This is also based on financial need.

Federal Perkins Loans are also based on financial need and available for graduate and undergraduate students.

Scholarships are gifts and do not have to be repaid. This will be where the work starts and that is finding those scholarships that you could win. Most of the scholarships are based on grades, background and majors as well as essay.

Meet with your financial counselor and discuss your situation in detail. Tell them that you are very interested in scholarships and see if they might be able to lead you to scholarships that are available for you.

Don’t forget about the internet where there is a wealth of information available for you.