Fast Fact

More than $259 billion in student financial aid was borrowed in 2018-19.

Source: The College Board, 2019

Student Aid 101

You CAN make sense of the complicated world of student aid.

Need to pay for college but don't know where to begin? You've come to the right place. Student aid is available to help you cover school-related expenses. Take a few minutes and get to know the basics:

Helpful Hint

Don't know who services your federal loans?
Sign in to StudentAid.gov to find out. Keep track of all of your servicers (PDF) and their contact information.

Test Your Knowledge

College is expensive. What was the average cost (tuition and fees) for a 4-year public school in the United States in 2019–2020?

  1. $7,020
  2. $10,440
  3. $12,756

2. $10,440

Although there are plenty of schools with higher tuition and costs, the average in the United States is $10,440 per year.

Source: The College Board, 2019