When you cannot afford to cover the entire cost of college, applying for financial aid is the most common method of payment. Financial aid, which comes in the forms of grants, work-study programs, loans, and scholarships, can lower the cost of attending college or job training. These monies are provided by the federal government, your state, your school, as well as non-profit organizations and other private sources. It is worthwhile to submit the FAFSA when submitting an application for college because the majority of applicants are qualified for financial help from their preferred schools.
In addition to financial aid, you might want to think about creating a budget when you arrive to school, selecting a less expensive institution, or having a part-time work while on campus to help pay for college.
LEARN MORE: Tips to Lower the Costs of College (Before & During)