Who or What Are the Best Ways to Learn About Financing College?

There's no doubt that college is expensive. CNN Money reports that as of 2010, college graduates have about $24,000 in debt at the end of their college career. Finding the right type of financing for college is essential. Unfortunately, the need for financing means that there are individuals and companies out there looking to make a buck on your desperation. When learning about the many ways to finance your education, it's important to stick to legitimate sources.
  1. Federal Student Aid

    • When you want information about federal help for financing college, such as Pell grants and Stafford loans, you should turn to the official source. At StudentAid.Ed.Gov, you can learn about your options. You'll also be able to connect directly to the Free Application for Federal Student Aid, or FAFSA, and be able to estimate how much aid you might receive from the government.

    FinAid.org

    • There are many websites that discuss your options for paying for college. FinAid.org is a comprehensive site that covers your choices, while warning about the pitfalls of some types of financing. It has received awards from organizations like the College Board and the American Institute for Public Service.

    Fastweb

    • Fastweb is an official source for scholarship information. After signing up for the site, you'll be able to search for all the types of scholarships that you might apply for, including need-based and merit-based scholarships.

    Your School's Financial Aid Office

    • When you want to know about financing options that are specific to your school, the financial aid office should be your first step. The workers there will be able to guide you toward federal and private resources, but they also will be able to tell you about financing options that may be school-specific. For example, some private colleges offer small loans to students to help pay for expenses.

    Reference Librarian

    • The reference librarian at your library can show you to the local and national resources available at the library. This might include books that explain how to go about financing college, but she may also know about local organizations that offer scholarships -- some may even leave their applications at the library.

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