Paying for College - Paying for College - Home at Marysville Public Library

Paying for College Guide

Need Help?

Search our frequently asked questions, call, e-mail, text and more...

How Do I Pay for College?

Paying for College may seem like a daunting and impossible dream for many of us. Here are some resources available to make that college degree a reality. If you need more suggestions, ask any of our librarians for assistance.

The four (4) basic sources of financial aid are:

Federal Financial Aid - the largest source of financial aid that offers (9) nine different aid programs;

What Do I need to file for Financial Aid? (www.fafsa.gov)

Most recent Federal Tax return (yours and parents if necessary)
Most recent W-2 forms
Other income received not reported on your tax return
Federal PIN to sign (you can get your PIN at www.PIN.ed.gov)

State - The following grants and scholarships are funded by the State of Ohio and adminstered by the Ohio Board of Regents:

If you have questions about financial aid, including grants and scholarships available from the State of Ohio, call the State Grants and Scholarships Toll-Free Hotline: 1-888-833-1133 (automated line).

Institutional - colleges and universities offer numerous scholarships, grants, and loans to students (check their websites); and
Private Sources - come from many different civic organizations, associations, clubs, foundations, churches, and businesses. (See Applying for Financial Aid and other Resource links in the 2nd box to the left of the page)

The four (4) types of financial aid are:

Grants - awarded to students that show they have financial need. Grants typically do not require repayment;
Loans - a source of aid that must be repaid, usually with interest, after you graduate or stop going to school;
Employment - a program where students may work and earn money to help pay for school; and
Scholarships - awarded to students based on special talents, skills or high academic achievement.

Federal Student Aid: Find Information You Need Online

StudentAid.gov is a new website that provides straightforward and easy to understand information about planning and paying for college. The site combines content and interactive tools from several ED websites. As a mobile-optimized website, StudentAid.gov is fully accessible on tablets and smartphones.

FAFSA INFORMATION

1. Fill out the Fafsa

www.fafsa.gov

2. Basic FAFSA info: what is it and how to you fill it out

www.StudentAid.gov/fafsa

www.StudentAid.gov/complete

3. Dependency Status for FAFSA purposes

www.StudentAid.gov/fafsa/filling-out/dependency

4. How aid is calculated (including link to detailed EFC info)

www.StudentAid.gov/how-calculated

Types of Aid/Getting Aid
1. Types of Financial Aid	www.StudentAid.gov/types
2. Who can get federal student aid	www.StudentAid.gov/eligibility
3. Pell Lifetime Eligibility used	www.StudentAid.gov/pell-limit
4. Finding and Applying for Scholarships	www.StudentAid.gov/scholarships
5. Loan Interest Rates and Fees	www.StudentAid.gov/interest
6. Avoiding Financial Scams	www.StudentAid.gov/scams

Repaying Loans
1. Loan Repayment	www.StudentAid.gov/repay
2. Income Based Repayment	www.StudentAid.gov/ibr
3. Pay as You Earn	www.StudentAid.gov/PayAsYouEarn
4. Public Service Loan Forgiveness	www.StudentAid.gov/publicservice
5. Loan forgiveness in General	www.StudentAid.gov/forgiveness
6. Loan forgiveness for teachers	www.StudentAid.gov/teach-forgive

College Prep

1. College Preparation Checklist: checklists for financial and academic preparation, for elementary through adult students

www.StudentAid.gov/checklist

2. Why go to College (education and pay/unemployment rates)

www.StudentAid.gov/whycollege

3. Middle School Preparation

www.StudentAid.gov/early

Special Audiences
1. Info for parents	www.StudentAid.gov/parent
2. Graduate School Funding	www.StudentAid.gov/grad
3. Financial Aid for Adult students	www.StudentAid.gov/resources#adult-students
4. Aid for Military families	www.StudentAid.gov/military
5. Going to College in another country	www.StudentAid.gov/international