Finding Free Money for College Has Never Been Easier!

Information on more than 1.6 million scholarships, grants, and awards worth nearly $5 billion is now just a click away for Chapter Members. As a valued NAHB member, you and your family are eligible to take advantage of the Wells Fargo Capital for Knowledge® Program’s scholarship search engine, an online research tool powered by Peterson’s Colleges & Universities Search.

The rapid rise in the cost of higher education today is a hot topic no matter where you turn — especially for the 16-or-so million¹ undergraduates enrolled in public universities today. Those students are facing soaring tuition costs that measure more than three times what their parents would’ve paid in the early to mid-1980s².

Today’s average college freshman can expect to pay roughly $11,000 for tuition and fees,      room and board, books, transportation, and other miscellaneous expenses incurred during      the first year on campus. (Double that — and then some — for those who attend private universities. The College Board reports an average cost of more than $27,000 per year  for private U.S. institutions.)

With the Capital for Knowledge Program’s scholarship search, you’ll get free access to one of the largest undergraduate scholarship databases available today. Use the scholarship search to:

·         Find scholarships, grants, and awards you qualify for based on your

–         PSAT, ACT and SAT test scores

–         Class ranking

–         Activities

–         Awards

–         Employment or volunteer experience

–         Choice of college

 ·         Use Peterson’s Colleges & Universities Search to Learn the basics of financial aid

–         How the process works

–         Definition of terms

–         Descriptions of typical situations you might fall into

–         Estimate your Expected Family Contribution

The Capital for Knowledge Program is a full-service education and financial resource designed to help you prepare for — and pay for — an education. The program comes equipped with a complete line of flexible, affordable student loan options designed to help you and your family pay for school. Take advantage of loans for:

·         Undergraduate/graduate programs

·         Studies at private K-12 schools and military academies

·         Career and technical certification courses

·         Education loan consolidation

Financing an education has never been easier! You’ll enjoy:

·         No fees! No origination, repayment, guarantee, or prepayment fees.

·         Increased annual loan limits — borrow up to $25,000 per school year (based on credit)

·         Interest rate reduction opportunities — reduce your interest rate by 0.25% when payments are automatically deducted from a checking or savings account

Use the scholarship search engine and learn more about your Capital for Knowledge Program online at www.capital4u.net or by phone at 888-651-LOAN (888-651-5626).

1 National Center for Education Statistics: 1999-2000 National Postsecondary Student Aid Study;

 2 The College Board: Trends in College Pricing: 2002 [ return to top ]