Student Affairs

Financing College

G2G_College

A college degree is definitely an investment, but it's a GOOD investment! Studies indicate that the average college graduate earns 1.2 million dollars more over a lifetime than the average high school graduate and, unlike a great media system or a cool car, an education provides benefits your whole life!

The links to the left provide information and tips regarding ways to help pay for your college education, as an undergraduate and beyond. Many types of funding are available and many types of funding are either under-utilized or unused each year. With a little bit of investigation, YOU might find a scholarship, grant or loan that makes footing the bill that much easier!

The first step is to complete the Free Application for Federal Student Aid (FAFSA) even if you don't THINK you'll qualify -- and complete it every year you planned to be enrolled in college at least 1/2 time. You might be pleasantly surprised!   

Check out this great YouTube video for more info on the FAFSA!  http://www.youtube.com/watch?v=kor_9cK593M

In addition, if your financial situation changes for the worse during the school year, make sure to investigate what additional types of aid you may be eligible for as a result. Some 'special conditions' that merit review are:

  • Death, divorce or legal separation
  • Loss of job or benefits
  • Major medical expenses not covered by insurance

With a little homework and a few questions, you may discover several sources of college financing that you didn't know about. What have you got to lose except the possibility of free money? Check it out!

 

Disclaimer: Nothing in this site should be considered authoritative financial advice. Your circumstances are unique and you may want to consult a financial advisor.

  • UAB Student Affairs
  • Address: Hill University Center, Birmingham, AL 35233
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