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Welcome to the Office of Student Financial Aid
Office of Student Financial Aid
  • Financial Literacy
    • What is Financial Literacy
    • Is Financial Literacy Important?
  • Videos to View
  • Financing College
    • Investing in Your Future
    • Applying for Financial Aid
  • Budgeting
    • More Budgeting
    • College Budget
    • Saving Tips
  • Credit & Loans
    • Credit Cards
    • Loans
    • Credit Report
    • Credit Score
    • Managing Debt
  • Safety
    • Identity Theft
    • Consumer Protection
  • Long Term Financial Planning
    • Saving
    • Interest
    • Power of Compound Interest
    • Investing
  • Other Resources
  • Contact Us
 

Financing Your College Education

Not everyone has the desire or opportunity to pursue a college education, but a college education will provide you with better opportunities in the future.

Lack of money should not prevent you from pursuing a higher education. Have you considered

  • Scholarships and Grants
  • Student and Parent Loans
  • Employment

"The Federal Government provides aid to more than 10 million students each year with grants, low interest loans and work-study programs... The Department's Federal student aid programs are the largest source of student aid in America. ... These programs provide more than $80 billion a year in grants, loans, and work-study assistance." [http://studentaid.ed.gov/]

Scholarships may be also available from the Federal and State government, your college, and even local companies or your parent's workplace.

For additional information, see the Office of Student Financial Aid web site at http://www.financialaid.umd.edu/ or contact your financial aid counselor.

  A College Planning Checklist can be found at https://studentloan.citibank.com/s/slcsite/fr_calen.asp.

The EdFund Less is More video describes the steps of a spending plan, what is and is not included in a financial aid budget, and other topics.

 
 
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Last modified: Sunday, 27-Jul-2008 10:08:57 EDT