Fast Fact

More than $247 billion in student financial aid is available every year.

Source: The College Board, 2013

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?
To find out, sign in to using your federal ID. 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 2013–2014?

  1. $7,020
  2. $8,893
  3. $12,756

1. $8,893

Although there are plenty of schools with higher tuition and costs, the average in the United States is $8,893 per year.

Source: The College Board, 2014