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Student Financial Aid

Financing a college education is probably one of the largest and most rewarding investments of a lifetime—one that requires informed and careful consideration of the various financial aid options available in order to make sound choices.

As college costs continue to rise, figuring out how to finance a college education may seem rather daunting. The good news is that there is an estimated $199 billion in available financial aid. Knowing what is available and how to tap into it will make planning a lot easier.

A majority of students finance their education through a patchwork of grants, scholarships, work-study programs and loans, so it is generally a good idea to have a basic understanding of each. It is also highly recommended that you use any financial aid that you receive only to pay for necessary educational expenses and that you borrow wisely—don't borrow more than you need or can reasonably afford to repay.

Click here to learn more about each type of student financial aid available.

Student Financial Aid: