Copyright

Ch 5: Options for Paying for College

About This Chapter

These text and video lessons will introduce you to the different options for paying for college. Use the information provided to explore the different types of financial aid available and learn how to apply.

Options for Paying for College: Chapter Summary

Figuring out how to pay for college can be a daunting task, but luckily there are financial aid options to help you with your college expenses. Let our trained guidance counselors and academic advisors provide you with information on the different financial aid options available. This chapter covers topics such as:

Filling out the FAFSA

The most important financial aid application you fill out may be the Free Application for Federal Student Aid (FAFSA). We'll let you know why the FAFSA is so important and go over the steps required to fill it out.

Understanding work-study options

One way you can come up with extra money to help pay for college is to participate in a work-study program. In this chapter, we'll go over the eligibility requirements and restrictions for work-study programs, as well as provide an overview of the application procedures.

Finding and applying for scholarships

Another way to offset the expenses of college is to obtain scholarships, which are merit-based. Learn about the different types of scholarships and get tips on how to find them. Our experienced counselors teach you application strategies for maximizing your chances of being awarded scholarships.

Applying for grants and loans

If your grades aren't the best and you don't have time to participate in a work-study program, there are still financial aid options available to you. Grants and loans are need-based and you may qualify for them if you meet certain income requirements. Discover the different types of grants and loans out there and learn how to apply.

Determining the real cost of college

When deciding whether or not you can afford to attend a certain school, you need to take into account more than just tuition costs. You also need to consider student fees, housing costs, book expenses and more. This chapter will teach you how to determine the real cost of college so you can get all your finances in order.

11 Lessons in Chapter 5: Options for Paying for College
Test your knowledge with a 30-question chapter practice test
FAFSA Tips: How to Apply for Financial Aid

1. FAFSA Tips: How to Apply for Financial Aid

Given the consistent rise in college tuition, finding ways to pay for college is on the forefront of every student's mind. Applying for college funding through the ''Federal Student Aid'' office is one of the easiest ways to begin. Listen to this lesson to find out how to get started with your Free Application for Federal Student Aid and be on your way to paying for college.

Understanding Your Work-Study Options

2. Understanding Your Work-Study Options

Work-study programs can help you finance your education and gain work experience for your resume. This lesson discusses work-study options, eligibility requirements, application procedures, and restrictions.

Applying for Scholarships at Your College

3. Applying for Scholarships at Your College

Scholarships award the recipient with financial aid that does not have to be repaid. This lesson covers ways to find individual school-sponsored scholarships and tips for increasing your odds of winning scholarships.

Applying for Private Scholarships

4. Applying for Private Scholarships

Private scholarships award the recipient with financial aid that does not have to be repaid. This lesson covers some of the ways to find private scholarships as well as tips for increasing your odds of winning private scholarships.

Types of Scholarships for College Students

5. Types of Scholarships for College Students

In this lesson we explore the wide world of scholarships. We discover the differences between scholarships and grants before exploring some general categories of scholarships.

How to Find Scholarships for College

6. How to Find Scholarships for College

In this lesson we explore some of the places we can find college scholarships and some of the resources we should use. Scholarships are virtually everywhere, and knowing where to get started can be a tremendous help.

Scholarship Application Tips

7. Scholarship Application Tips

In this lesson, we will explore a few helpful tips and hints to help students fill out college scholarship applications. We will discuss specifically how and where to apply as well as tips for the ubiquitous scholarship essay.

Federal Grants & Loans for College Students

8. Federal Grants & Loans for College Students

Many federal loans and grants are available to college students to help pay for their education. This lesson will examine federal loans and grants and will end with a quiz to test what you have learned.

Types of Grants for College

9. Types of Grants for College

In this lesson, we explore grants for post-secondary education and explain the different requirements for different types of grants - from federal grants to college-based grants and everything in between.

How to Apply for College Grants

10. How to Apply for College Grants

In this lesson, we explore the college grants available to students in the United States and the steps one should take to discover the grant money available to them.

Finding the Real Cost of College: Tips for Students

11. Finding the Real Cost of College: Tips for Students

Many students think tuition is the only cost they need to worry about when calculating their college budget, but the cost of college goes beyond tuition. This lesson will help you learn to estimate your financial needs when planning your education.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support