Table of ContentsApply for Scholarships and GrantsFederal Student LoansPrivate Student LoansReferencesThere are several ways students can pay for college funds, these ways are discussed below:Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Apply for Scholarships and Grants Students should apply for as many scholarships and grants as possible. The money paid from scholarships goes directly towards college costs and the student does not have to repay the money, this reduces the amount of money paid out of pocket towards student loans. They can search for a scholarship by visiting websites such as studentscholarshipsearch.com and scholarships.com or by visiting their careers office to learn more about local scholarships. Scholarships can be secured before and during college (Snider, 2014, p.2). Federal Student Loans Another very effective method to pay for college costs is to secure financial aid from federal student loans which have the lowest interest rates of around 4.66%. and get the best benefits. The application is always free and they have a six month grace period after graduation. To qualify for the loan, you must submit a Free Application for Federal Student Aid (FAFSA). The Plus Loan is another type of federal student loan that should be applied in the name of parents or guardians that has low interest rates and can be borrowed for the total cost of college tuition (Snider, 2014, p.3). Please note: This is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Private Student Loans Another option for paying college costs is to apply for student loans. A student can borrow more than $500 or more or the entire cost of college. The loan is repayable after graduation and the student is not required to apply for the FAFSA. Lenders may only offer loans for certain schools. You can learn more about private student loans by visiting privatestudentloans.com.it. It is good to know the amount required to pay. repay the loan (Snider, 2014, p.3). ReferencesSnider, Susannah. “Three Lessons to Teach Mom and Dad About Paying for College.” World news and reports (2014): 1-4.