Losing sleep over how you’re going to pay for college? I’ve been there. Not every family has the savings or resources to support their college-bound students. The good news is, many people have survived paying for school themselves and there are a ton of resources out there. Here are a few things to look into:
1. Fill out the FAFSA. When trying to get aid for college, filling out the Free Application for Federal Student Aid is the place to start. You’ll receive a financial aid package that could include a lot of the elements below, based on need.
2. Get scholarship savvy. Free money—it’s out there for everyone from violinists to aspiring physicists. To research the scholarships available, .
3. Go grants. More free money! Grants, unlike loans, do not need to be paid back. There are several sites listing available grants and how to apply for them, like this one.
4. Say yes to work. Participating in the federal work study program or holding down a part-time job while you are in school can help you cover costs and get valuable experience. Find out about the U.S. Dept. of Ed’s program or search jobs via your campus career center or online.
5. Crunch the numbers. Is your dream school worth acquiring considerable debt, or is a nearby school a better option for your finances and career?
6. Get smart about housing. What’s the most affordable way to go: is living with family an option? Would living off campus be more affordable than on?
7. Loans. When researching loans, consider federal over private, as federal loans tend to have lower interest rates.
Hey, making it work on your own is an incredible accomplishment in itself. Who’s to say it won’t leave you with better money skills? For more tips on saving for college,
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