Paying for college

2024–25 Better FAFSA

If you're a U.S. citizen or an eligible non-U.S. citizen, completing the FAFSA (Free Application for Federal Student Aid) can help you pay for college. This free application allows you to apply for grants, loans, and work-study funds from the U.S. government. States and colleges also use information from your FAFSA to determine additional aid you may be eligible to receive.

Filing the FAFSA is an annual process. If you are applying for financial aid in the 2024–25 school year, you should complete the 2024–25 FAFSA. Due to significant changes and improvements, this form opened in December 2023, later than usual. To complete the FAFSA, you must create an account called a Federal Student Aid ID (FSA ID).

Complete the FAFSA

Get FAFSA help

Wyatt is a free, AI-powered chatbot available 24/7 to answer your toughest FAFSA questions and send important deadline reminders. Wyatt has helped over 30K students unlock millions of dollars in college aid by completing the FAFSA.

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Federal Student Aid YouTube Channel

The Federal Student Aid (FSA) YouTube channel shares step-by-step videos of information and resources related to the financial aid process. All information comes directly from the U.S. Department of Education. Their resources help make college education possible for everyone.

Explore FSA videos

Financial planning for college

The federal government

From federal grants and student loans to employment through the federal work-study program, the U.S. Department of Education awards about $150 billion a year to more than 15 million students. Visit the Office of Federal Student Aid to learn more.

Your state government

Similar to the federal government, your home state offers various types of financial aid. You might be eligible even if you’re not eligible for federal aid. To find out, contact your state grant agency.

Colleges and universities

Many colleges and universities provide financial aid and scholarships from their own funds, sometimes for a particular field of study. To learn if a school offers this type of financial support, visit the financial aid section of their website or contact their financial aid office directly.

PRO TIP: College financial aid officers are more than willing to help you and your family understand the financial aid process, even before you’ve applied. Don’t hesitate to reach out to them. That's what they're there for.

Now that you know who is available to help you pay for college, it’s important to understand what you can do to make college more affordable.

Start saving

It's never too early to set aside funds to pay for college. There are even specific government-sponsored savings plans to help you do just that. To learn about savings opportunities and strategies, visit the Office of Federal Student Aid and check out their guide to saving early.

PRO TIP: Wondering what a particular college might cost? Get an estimate using the U.S. Department of Education’s net price calculator.

Apply for financial aid

Financial aid comes in many forms from many sources. Start by visiting the Office of Federal Student Aid to learn about the different types of financial aid available (like grants, loans, and work-study). Then, when you're ready to apply, you'll need to complete the FAFSA (Free Application for Federal Student Aid).

PRO TIP: Get a head start on the process by using the Federal Student Aid Estimator. This tool provides an estimate of your eligibility for federal student aid.

Explore scholarship opportunities

Most scholarships are awarded by individual colleges in recognition of academic performance, athletic excellence, a commitment to community service, or other unique talents. You can learn about these opportunities by visiting individual colleges’ admission and financial aid offices (or websites). You can also find scholarship opportunities through local, regional, and national non-profit organizations.

PRO TIP: There are a lot of scams out there. The Office of Federal Student Aid can help you avoid scams, prevent identity theft, and find true scholarships.

PRO TIP: Do your research on scholarships! Make sure you talk with the college or university in which you may enroll to understand how their financial aid packages are put together.

  • Call the financial aid office at the college or university of your choice before accepting scholarships.
  • Ask the college or university of your choice for information about how they treat outside scholarships, and what implications they might have for your total financial aid package.
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Making college more affordable

For many applicants and their families, the most daunting aspect of the journey to college is the price tag — but it doesn’t have to be. There are more options available than you might realize to help alleviate many of the burdens associated with paying for college.

Access our planning resources
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Additional resources

Office of Federal Student Aid

It's never too early to set aside funds to pay for college.

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Net price calculator

Get estimates for a particular college or university.

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Federal Student Aid Estimator

Estimate your eligibility for federal student aid.

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Common App Fee Waivers

You may qualify for an application fee waiver.

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