August 17, 2016 at 12:07 PM CDT - Updated July 10 at 5:31 PM
Your College Journey
How to pay for college
Determine your options for college funds.
Your college education can be one of the biggest expenses of your life, as well as one of the most rewarding experiences. After assessing how much you and your family can contribute, you might determine that you need additional money for college. Consider the following options to help you pay for college and learn how to get scholarships, grants or student loans.
Apply for scholarships and grants
Getting scholarships or grants for college is a great option for students preparing for college because you don’t need to pay them back after graduation. These resources are popular among students, with 89 percent of students at private universities getting scholarships or grants in 2013.1 The government, your college, or a local organization can offer you a scholarship, while the government alone can determine your eligibility to get grants for college based on your Free Application for Federal Student Aid (FAFSA). You’ll need to complete a FAFSA form if you plan on applying for grants, federal student loans, or federal work-study.