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Sunday 4.20.2014

National Application Center :: pay for college

Plan, explore, and apply to college using these great tools.
Introduction

Introduction

Does the process of paying for college seem way too complicated? Are you concerned that college costs are increasing? Are you wondering what your family's contribution toward paying for college will be? You can approximate your expected family contribution (EFC) using the EFC Estimator.

You've taken the first step just by coming here. We want you to know that college is definitely accessible and affordable.

There's no doubt college is a major investment. But unlike other major family investments (like homes or cars, where you have to pay the full cost yourself), you can find a number of partners--such as federal and state governments, private institutions, and colleges themselves--to share the costs with you. We can help you find these partners--and help them find you!

Of course, most colleges believe parents bear the primary responsibility for paying college costs. That's why parents applying for aid are asked to report financial information to the federal and state governments, as well as to the colleges to which their child applies. The student's assets and earnings are also considered. This information helps institutions determine the amount a family can contribute toward meeting college costs, and how much the college and the government can assist them.

As we said, you won't be expected to cover all the costs alone (unless, of course, you have the resources available, and even then financing partners can make paying easier).

Keep your sights set on colleges that are the best matches for you academically and socially. Look at the lifelong benefits you will gain from the experience, not just at the sticker prices.

Sound complicated? It doesn't have to be. We will help you demystify and plan for paying for college.