Costs for higher education tuition, fees, textbooks, room and board make many degrees and certification programs a significant investment. But for most students who go to college, it’s an investment that pays off, with the increase in their lifetime earnings being significantly greater than the cost of their education. And, unlike other major purchases, education lasts a lifetime.
The good news is there’s help out there, a lot of it, for college students and their families. Financial aid based on need or merit can help families pay for college. There are other loans and self-help programs that also help make college possible. Learn about the different types of financial aid that may be available to you by clicking on the buttons to the left.
To see if you qualify for help paying for college, you must fill out and submit the Free Application for Federal Student Aid (FAFSA). The FAFSA determines a student’s need by using a standard formula that looks at what the student and family can reasonably contribute to college costs. Colleges to which you apply then subtract the expected family contribution from the school’s cost of attendance to determine your eligibility for need-based funds at their school. If you’re heading or returning to college this fall, click here to complete the Free Application for Federal Student Aid (FAFSA).