Paying for college can seem daunting, but there are many funding sources available to help. The key is to start early and stay organized, as deadlines are crucial (that’s where the Alleviate Application Anxiety spreadsheet from comes in!). Remember, many aid sources rely on your FAFSA, and in Florida, the FFAA deadline is earlier than the federal FAFSA deadline – so don’t wait!

SCHOLARSHIPS
These are essentially gifts or awards based on selective criteria and do not need to be repaid. Scholarships can significantly reduce college costs and look great on a resume. While the application process can be time-consuming, there are tons of potential options available from various organizations.

GRANTS
Grants are offered by schools, organizations and the U.S. government and don’t need to be repaid. Grants are often based on financial need rather than achievement. Federal Pell Grants, for example, are awarded automatically based on your family’s financial need as determined by your FAFSA.

WORK-STUDY
The U.S. government’s work-study program allows colleges (and sometimes local businesses) to employ students part-time for modest pay. It’s automatically awarded based on your FAFSA and offers tax-free earnings.

FINANCIAL AID
Many schools offer their own financial aid programs, which vary widely in amount and criteria. The program can include tuition remission, campus employment and assistance with housing and dining.

PART-TIME JOBS
Working off-campus can provide a more livable wage than work-study and can offer valuable experience and networking opportunities. However, balancing work and school can be challenging.

STUDENT LOANS
Federal student loan programs are designed to cover remaining costs after all other funding sources. The loans can be subsidized (no interest while enrolled) or unsubsidized (accrues interest immediately). These must be repaid in full and interest can really add up. Be smart about your borrowing!