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Financial Aid

College Costs

Have you begun to explore the cost of higher education? 

Do you know how much a two-year public institution, a four-year private institution or an in-state public institution costs? After looking at the costs of several institutions, it can leave you wondering, how are students able to afford a college education? Well, most students do not pay the full "sticker price" of the college they attend. When it comes to paying for college, money is available in the form of grants, fixed interest loans, special merit or need-based scholarships, and work-study programs. Financial aid can make the most expensive college affordable.

Over 70% of college students receive some form of financial aid. However, it is important to note that families are still expected to contribute to the costs of higher education. Family contributions can be met through a variety of options including savings, tuition payment plans, federal parent loans and federal and private student loans.

The better informed you are about the college admission process, the better chance you have of being accepted into and affording your first-choice institution. Find more information on the Web at www.nh93.com, www.nhjumpstart.org, www.youngmoney.com and www.collegesavings.org. Applying to a range of schools can give you more options when it comes down to decision time. It is critical that students recognize that while a college degree can be expensive, families who are aware of all the resources that are available to help them afford a college education can usually find a way to make it happen.

 

 

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