How To Pay For College

Short Term Project For LEB

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0-5 pts. 6-9 pts. 10-14 pts. 15-20 pts.

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Ways to Pay for
College

Jada Lawrence

Financial Aid choosing the right
school

• Financial Aid is money given to help pay for college

• This money comes from multiple sources

– Federal government (the largest source)
– State governments
– Colleges and universities
– Private organizations

• Apply for FAFSA to qualify for financial aid

• Choosing the right school influences the price you pay

– You can attend a community or university college

Apply for Scholarships and College
Grants

• Scholarships give money for education through skill sets

– Sports, service, ethnicity, and academic achievements

• This money comes from the universities and colleges themselves

• Perfect scores on test such as the SAT or ACT will open the door
for scholarships

• Grants are come from your state, the federal government and
colleges.

• Grants are based on your families financial circumstance

• Your college choice determines the grant you are eligible for

Federal and Private students loans

• Federal student loans are loans made or guaranteed by the
Department of Education.

– Lower fixed interest rates
– This does not require a credit check
– You can postpone payment for up to 3 years

• Private or non-federal student loans are any other type of
student loans.

– Many private lenders
– Interest may not be tax deductible.
– You may need a cosigner.

College work study and Saving
Money

• FWS (Federal Work Study)

• This organization helps to ensure that college students who really
need money get jobs.

– Gives jobs to undergraduate and graduate students with financial needs
so they can become educated yet working people

• Saving money for college is something that both parents and
high school students should do

• There are many programs that can help you start saving today

– 529 program/path2college program

Honors and Employer Tuition

• Honors programs and colleges offer many opportunities to
make the most of their higher education.

– Being an honors student can jumpstart your career and improve your level
of success

– attend smaller classes which get more attention
– receive priority registration for classes.

• Employer tuition is offered by some U.S employers

• Can help qualifying workers pay for college and advanced
training.

– Additional training for jobs

Useful Links

• https://student.collegeboard.org/css-financial-aid-profile

• https://gacollege411.org/College_Planning/Explore_Schools/Expl
ore_Schools.aspx

• http://zellmillerscholarship.com/Zell_Miller_Scholarship_Applicatio
n.html