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If you have a student in college, or one just about to attend, you already know how costly higher education can be. Chances are, however, you’re already benefiting from different types of financial aid. Your student will need to reapply each year while in college, and may want to check out more financial aid options.
Families have the primary responsibility of paying for higher education. Sometimes a family's resources are not enough to pay all college expenses. But different types of financial aid are available to help a family meet the costs of higher education, which include direct education costs (such as tuition, fees, and books) and indirect costs (things like personal living expenses, food, housing, and transportation).
You may be surprised to discover that financial aid can help pay for your student's college living expenses. Also, financial aid is often available to pay for technical, trade, or vocational school programs. Many different types of schools, not just colleges and universities, have financial assistance available to students.
If your student is not eligible for any financial aid, there are other options available that can help fund a college education. Research the possible alternative financing options and determine how to meet your financial needs.
"Financial Aid for a College Education", a PowerPoint presentation with narration, is available for college-bound students looking to learn more about the financial aid process. View and/or listen to the presentation to find out about applying for financial aid through the FAFSA, expected family contribution, deadline dates, award packages, scholarship, grant and loan programs, and more.
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