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Earning a spot in college takes hard work. But writing that check to pay for college can be even more challenging. Tuition keeps climbing, and disposable income keeps diminishing. Finding ways to pay for an expensive education can be difficult.
What can a family do? Financial aid is one avenue, but it only goes so far. It’s time to be inventive. What are the various ways to pay for college?
Financial Aid and Institutional Grants
The first step to paying for college is filling out the Free Application for Federal Student Aid (FAFSA). Even if you think you don’t qualify, submit it. This will not only help you with federal grants but with institutional grants. These grants do not have to be paid back.
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.
