Figuring out how to pay for college can be a stressful event. Many people think they cannot afford the school of their choice because it is too expensive. Early in the college search process, spend time researching different sources of financial aid available to pay the tuition bill.

The different types of financial aid:

• Scholarships come from private donors or from your college. Some are based on financial need, but many are based on academics, leadership, athletics, etc. 
• Grants are based on financial need and you don't repay them. The largest grant program is the Federal Pell Grant. Other federal, state and college grant programs are also available for qualifying students. To be eligible for these grants, you must fill out a FAFSA (Free Application for Federal Student Aid)
• Work-Study, also based on financial need, allows you to earn money while attending college. You get paid for hours worked, so don't expect money up-front to pay tuition. 
• Student loans are a type of financial aid you must repay. They're available for students and parents.
• Military Funding Organizations such as ROTC or the National Guard may pay part or all of your tuition. Contact your local recruiter for information.

Additional ways to fund your college education

• Cooperative Education
  You can earn money for college and college credit through a combined program in which you work as you go to school.
• Part-time Employment
  On-campus or off-campus jobs can often be tailored around your class and study schedule. 
• Tuition Payment Plans
  Many colleges allow students to pay their tuition in installments rather than all at once.
• Prepaid Tuition Plans
  Some states offer prepaid tuition plans to qualified residents. The Ohio Tuition Trust Authority offers the CollegeAdvantage 529 Savings Plan http://collegeadvantage.com/