The majority of students going to college receive some form of financial aid, whether it is student loans for college, scholarships for college students, Federal Pell Grants, or even work-study. These funds are essential for most students as it is the only way for them to complete their college education.
In order to obtain these funds, every student must fill out the FAFSA (Free Application for Federal Student Aid). This form must be filled out for every year that the student attends college.
While this form may seem overwhelming at first, follow these FAFSA tips to have a better understanding of the process to get financial aid and properly complete your application.
Every year student debt in America reaches an all-time high. College is expensive and it’s only getting worse, as tuition has been rising at a rate double that of the cost of living.
Figuring out how to pay for college isn’t easy. Students who choose to work while going to school usually see their grades take a slight dip due to extremely busy schedules. While a student loan for college is necessary and is considered good debt, students should understand that it is not their only option when obtaining funds for their college education.
Here we take a look at some of the various ways of paying for college for students.