How to Pay for Education/Training After High School
Financial Aid is funding that helps students pay for education related expenses including tuition and fees, room and board, books and supplies. etc. Below are some of the different forms of financial aid available to students:
Scholarships are moneys that do not need to be paid back. This source of funding for college can be awarded for merit (like grades or volunteering) or need (family income level). Tip: Never pay for help with finding, applying, or submitting scholarship applications.
Grants are money that does not need to be paid back, and is given to students by the government, college or career institutions, or a private or non-profit organization.
Loans are moneys that need to be paid back to the lender. There are two types of loans to pay for education:
• Federal/State Loans are from the Federal Government or State
• Alternative Loans are from banks or other private lenders
Ca · reer
One’s calling in life; a person’s occupation; one’s profession.
Col · lege
Any institution of higher education that awards a degree or credential post-high school graduation. This includes, but is not limited to, universities, community colleges, trade schools and more.
College Can Change Everything