Paying for College

Congratulations, you’re going to college! Now how are you going to pay for it? Here’s your step-by-step plan, from applying for financial aid to managing your student budget. Plus we have great advice for parents and grad students too.

Step 1: Figure Out How Much It Will Cost

What Is the “Cost of Attendance” in College?

What Is the Average Cost of College Tuition?

How Much Does a College Student Spend a Month?

Step 2: Complete the FAFSA

How to Complete the Free Application for Federal Student Aid

Important FAFSA Deadlines

How to Make FAFSA Corrections

Step 3: Apply for Scholarships & Grants

Types of Scholarships

What Is a Pell Grant?

How to Get Merit Aid from Colleges

Step 4: Learn About Student Loans

How Do Student Loans Work?

The Differences Between Grants, Scholarships, and Loans

What to Do When Financial Aid Isn't Enough

Types of Federal Student Loans

Step 5: Choose the Right Student Loan

How to Read Your Financial Aid Package

Which Student Loans to Accept or Turn Down

The Ultimate Student Loan Terminology Cheat Sheet