College Costs and Paying the Bills - KFBB.com News, Sports and Weather

College Costs and Paying the Bills

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GREAT FALLS - With college tuition on the rise, the million dollar question is… How will you pay for it?

In Montana, college seniors will graduate with an average of $27,000 in loan debt and that's the 18th highest in the country. While that may sound alarming, Marty Foxman at Great Falls College MSU said there are several ways for families to pay for college.

Terminology:

Scholarships: Usually given for something you have done or accomplished such as getting good grades.

Grants: Typically need based and is money given out that does not need to be paid back.

Loans: Can come in the form of a private or federal student loan that you typically pay back after college.

Casey Jessee, is studying network support and hopes to graduate next spring he said navigating this process is a challenge and he realized that on his own.

"It's pretty stressful, you can't work full time, well you can I guess some people do, but it would be very hard to work full time and make a decent amount of money to live while going to school," Jessee said.

Foxman recommends to all students to receive the highest reward you need get your paper work in as soon as possible.

College costs and paying the bills can be challenging, but know that there are so many resources and people out right there with you to navigate the process. Every year thousands of dollars go unclaimed because people simply don't apply. For more information and tips check out the Federal Student Aid website.

 
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