How Much Can You Pay for College?
Step 1 – Discuss affordability at the beginning of the college search process.
Parents and students should discuss affordability early in the process – before time and money is spent on campus visit trips and applications to colleges that will ultimately cost more than you are willing or able to pay.
Step 2 – Review all potential sources of funding.
Paying for college is a joint effort. Both parents and students should carefully consider every available source of funding.
Step 3 – Download the Family Resources Worksheet.
It is never too early to begin estimating the amount you can pay for college. You can begin reviewing the different resources and completing the worksheet as early as freshman year.
Potential Sources of Funding for College
What can parents contribute from income, assets, educational tax credits and other sources?
What can students contribute from part-time work, savings, student loans and outside scholarships?
Stretch Your Resources
Parent borrowing and interest free payment plans help increase the amount you can pay for college.