This college funding thing is critical. And knowledge is power. With that in mind – it is vital that you thoroughly understand each of the terms listed below. I’ve created (2:00 to 4:00) audio podcasts on each in order that you might better understand the term. A related website in red accompanies it. Also, since this whole college thing is dependent on a team effort between you and your parents, a great way to get moving, would be for you and mom and dad to sit down together and listen to each of the following podcasts.
Whatever way it shakes out, these are the nuts and bolts of what you will need to know.
The Basics when it comes to “Paying for College”
Podcasts in blue / Websites in red
- Reach, Target, Fall Back – college choices
- FAFSA – Free Application for Federal Student Aid – website
- Grants, Scholarships, Loans
- Subsidized & Unsubsidized Loans
- Perkins Loan – website
- Stafford Loan – website
- Parent Plus Loan – website
- Bank Loan & Credit Card
- Federal Pell Grant – website
- Work Study Program – website
- Michigan TIP Scholarship –brochure
- American Opportunity Tax Credit– link
- Final thoughts on College Funding