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Financial Assistance Programs

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Find out how you can afford college this year! Learn about FASFA, scholarships, grants, colleges, universities, and more. Watch this engaging video and get ready for college.

It’s true that the average cost of college continues to rise each year. However, there are many ways to get help with these rising costs.

Collegeboard.com estimates that over 143 billion dollars are available as financial aid. Understanding the types of aid available and how to ask for them is the key to getting the help you need to pay for college.

 
“Free Money”
Scholarships and grants are awards of money that are given to you based on eligibility. You generally aren’t required to do any special work for this money other than to apply for it, and you don’t have to pay it back. Find out more about scholarships and grants.
 
Money You Work For
There are many special programs that offer money for college in exchange for certain types of work. These types of programs may offer a better deal than getting a regular job, especially if they allow you to focus first on your studies or if they provide you with experience in their desired career on top of providing money for education. These sorts of programs include:
 
 
Money You Borrow
Even with other sources of assistance, many people still need to get loans to help pay for college. This is money that you have to pay back with interest. This may not seem like a great deal at first, but there are several education loan programs designed to make them easy to pay back. Some are loan programs geared toward students, and others are for parents of students.
 
 
FAFSA (Free Application for Federal Student Aid)
The FAFSA is not a form of financial assistance itself, but it is a necessary first step in getting any financial assistance, including Federal aid and private financial aid programs. Learn more about the FAFSA.
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