Financial Literacy Portal: Paying for Education

Paying for Education Costs

Now that the time for post-secondary education has arrived, navigating the world of higher education financing can be daunting. From understanding the difference between cost of attendance and tuition costs, filing your FAFSA, and applying for scholarships, grants, and student loans, these resources will help you and your high school student make informed choices.

  • Paying for College Resource
    • This is a one-stop-shop for information about how to pay for college. You’ll find videos, worksheets, even common deadlines to keep in mind. “The Basics” tab is a good place to start.
  • Show Me The Money: Scholarships & Grants Search Engine
    • Higher education is expensive—and costs continue to increase. The Show Me the Money search engine connects Missouri students with scholarship and grant opportunities tailored to their skills and interests. The Treasurer’s Office partnered with Sallie Mae, a nationwide consumer banking institution specializing in student loans, to gather more than 6 million scholarships worth over $30 billion in one place for Missouri students. Start your search today!
  • Missouri Scholarships & Grants
    • The Missouri Department of Higher Education & Workforce Development administers a number of scholarships and grants for Missouri students. From the A+ Scholars Program to Bright Flight, check out these resources to see if you qualify.
  • Understanding the FAFSA
    • The federal government puts aside $150 billion in student aid each year—including federal student loans. You must fill out a FAFSA (Federal Application for Federal Student Aid) application each year to access that aid. Schools also use the FAFSA to put together aid packages, states use it to determine eligibility for state aid, and it is required for many scholarship opportunities.
  • Budgeting as a Student
    • Now that you’ve been accepted to a higher education institution, how do you manage your finances responsibly? This helpful resource from Nurse Journal outlines tips for creating and maintaining a budget as a student. Although this article is tailored to nursing students, the lessons apply to any field.


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