College Costs
- A direct cost is the money you pay directly to the college. Ex. tuition, room and board, meal plan, etc.
- An Indirect cost are necessary expenses not given directly to the school. Ex. books, transportation, food, housing
- Student loans: Debt that must be repaid. To get a student loan, you have to apply for one at the bank and based on your credit score, it will determine how much money you are loaned. Sometimes, it isn't always good to take the full offer because you will have to pay it all back.
- Scholarships: Sometimes based on financial need, but not normally. Can come from a variety of places; normally based on your talents. Depending on how good your talents are in a certain area, the scholarship will be for more or less money. One of the easiest easiest ways to get a scholarship is to apply for one through your school guidance counselor.
- Grants: Come from different places- normally the government. Money that doesn't need to be paid back. Based on financial need.