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Paying for College

Discover the variety of ways you can pay for college
Preview the first lesson free — get full access to all 7 lessons.
Course: On-Demand
Essential Provider Pamela Weston  7 Lessons ·  19m  in Arabic, English, Spanish 

Course Description

It's important to take time to plan how you will finance your college education. College can be costly, but there are many tuition assistance programs and financial aid packages available. It’s important that you explore all options for financial aid. Along with the aid provided by the federal government, you can use the FAFSA website to help locate additional scholarship opportunities from local and national sources. By exploring these opportunities, you can find scholarships that fit your unique interests and provide money to support your education. After grants and scholarships, federal student loans are your next choice to pay for college. They’re usually less expensive and more generous than private student loans, and you don’t need good credit or a co-signer to get them. Looking into job opportunities around your college and community also can help with the financial costs of college. Budgeting and self-discipline around your academic spending and living expenses can help control your expenditures, and using the resources around campus will help you get the most for your tuition.

In this course, Paying for College, we will explore the different ways you can fund your college career. You’ll discover the different loan, grant, and scholarship options available to you. You’ll also learn how you can offset your college expenses with part-time jobs and smart spending.

What You'll Learn

  • Define different types of loans available to fund a college education
  • Identify different tax credits related to college expenses
  • Discuss ways to offset college expenses with part-time jobs and smart spending
  • Fill out the FAFSA to locate scholarship opportunities from local and national sources
  • Compare federal student loans with private student loans
  • Explore scholarships, grants, and tuition assistance programs

Key Takeaways

  • Many tuition assistance programs and financial aid packages are available, so it is important to explore all options for financial aid.
  • The FAFSA website can help locate additional scholarship opportunities from local and national sources to fit your unique interests.
  • After grants and scholarships, federal student loans are the next choice, and they are usually less expensive and more generous than private loans and require no good credit or co-signer.
  • Looking into job opportunities around your college and community can help with the financial costs of college.
  • Budgeting and self-discipline around academic spending and living expenses, along with using campus resources, can help control expenditures.

Frequently Asked Questions

What does this course cover?

The course explores the different ways you can fund your college career, including loan, grant, and scholarship options, as well as offsetting college expenses with part-time jobs and smart spending.

What will I learn about financial aid in this course?

You will learn to define different types of loans, identify different tax credits, and discuss ways to offset college expenses. The course also covers filling out the FAFSA, scholarships, grants, and tuition assistance programs, tax credits, and federal student loans.

Why are federal student loans recommended over private loans?

Federal student loans are usually less expensive and more generous than private student loans, and you don't need good credit or a co-signer to get them.

How can I reduce my college costs beyond aid and loans?

You can offset college expenses with part-time jobs, and budgeting and self-discipline around academic spending and living expenses, plus using campus resources, can help control your expenditures.