Has the cost of college left you feeling panicked? The following information is designed to help you better understand your options.
Financial aid typically includes scholarships, grants, student employment options and student loans. The Free Application for Federal Student Aid (FAFSA) results determine how much financial aid you may be eligible to receive. Complete EducationQuest Foundation’s College Funding Estimator to estimate your FAFSA results.
Many employers offer tuition assistance programs. Be sure to check with your employer to see if this option is available to you.
There is a vast array of private and institutional scholarships available to the determined student. Eligibility criterion may include, but is not limited to:
- Academic excellence
- Athletic ability
- A talent in the fine arts (drawing, singing, playing an instrument)
- Community involvement
- Course of study
- Career choice
- Organizational membership
- Financial need
The Military – Click here to view our Military resource page
Visit with your recruiter to explore the numerous educational assistance programs offered through the various branches of the military. All branches offer education assistance which may include the Montgomery G.I. Bill, the Post 9/11 G.I. Bill, tuition reimbursement and student loan repayment. It is important that you read and understand the military educational benefits provided to you. If you don’t understand something, be sure to ask for clarification. For an overview of G.I. benefits, click here.
College Payment Plans
Colleges may offer payment plans. Be sure to ask for all of the details, including length and any finance charges.
There may be several federal education tax benefits available. For detailed information, visit with your tax advisor and check out the IRS website.