Paying for School
The price on a college's website is rarely the price most students pay. Grants, scholarships, and work-study bring the real cost down, and the size of that gap depends heavily on your income and the school you choose.
This section walks through the FAFSA, the main types of aid, how to estimate what a program will really cost, and what to ask before borrowing. Federal aid rules changed in 2026, so we point to the official sources where current figures live instead of repeating numbers that may go out of date.
Every stop on this line
- Step by step · 10 min How to Fill Out the FAFSA, Step by Step
- Explainer · 8 min Grants, Scholarships, Work-Study and Loans: How Each One Works
- Explainer · 9 min How to Read a Financial Aid Offer: Spot the Loans and Find What You Owe
- Explainer · 7 min Net Price vs. Sticker Price: What School Will Actually Cost You
- Questions answered · 9 min Workforce Pell Grants: Which Short Programs Count and How to Check One
- Explainer · 10 min Education Tax Credits: Which One Fits You, and the 1098-T to Watch For
- Decision guide · 7 min Should You Borrow for This Program? Six Questions to Answer First
- Explainer · 10 min Student Loan Rules Changed July 1, 2026: New Limits and Who They Hit
- Questions answered · 8 min Employer Tuition Assistance: How It Works and What to Ask HR
- Explainer · 11 min Keeping Your Financial Aid: The Grade and Completion Rules Schools Check
Official resources
- StudentAid.govFile the FAFSA, check aid types and loan limits, and manage federal loans.
- Federal Student Aid EstimatorGet an early estimate of your Student Aid Index and Pell Grant eligibility.
- College ScorecardSee average net price and typical debt for specific schools and programs.
- IRS Publication 15-BThe IRS fringe-benefit guide, including the rules for tax-free employer educational assistance.
Terms on this line
Tools for this line
Cost Estimator
Turn a school's numbers into a net cost, a funding gap, and an example monthly loan payment, with every assumption visible. You giveTuition, living costs, aid, savings, and an interest rate You getNet cost, gap, example payment, and what changes it most Time~5 min ChecklistAid Prep Checklist
A tickable, printable checklist that adapts to whether you're likely a dependent or independent student. You giveA few yes/no answers about your situation You getYour checklist, saved in this browser, ready to print Time~4 minQuestions people ask
Should I fill out the FAFSA even if I think I won't qualify?
Usually, yes. The FAFSA is free and is used for federal grants and loans, many state programs, and some school aid. There is no general income cutoff that rules people out, so you won't know what you qualify for until you file.
What's the difference between a grant and a loan?
A grant generally does not have to be repaid. A loan does, with interest. Aid offers often list both together, so check which lines are free money and which you would owe back.
Is the sticker price what I'll pay?
Often not. Your net price is the cost of attendance minus grants and scholarships. Each college's net price calculator can give you an estimate based on your finances before you apply.
Are federal or private student loans better?
Federal loans generally come with protections that private loans often lack, such as income-based repayment options. Many people use federal loans first and treat private loans as a last resort, but compare the terms before you sign anything.
Will my employer help pay?
Some employers offer tuition assistance, and payments under a qualifying plan can be tax-free up to an annual limit. Ask HR for the written policy, including any requirement to stay with the company for a period afterward.
Public programs on this line: Free Application for Federal Student Aid (FAFSA), Federal Pell Grant, Federal Work-Study, CareerOneStop Scholarship Finder, GI Bill and VA education benefits, AmeriCorps Segal Education Award.
