Not all college funding sources are created equal.
As you prepare to pay for your college education, you should look at all the possible sources of funding. Specifically, you should look at all sources of free funding first. Free funding includes scholarships, grants, employer contributions and gift aid.
So how should you prioritize funding as your plan to pay for college and decide which financial aid should you accept first on an award letter? The answer is as follows:
Looking at this list of college funding options, you can see there are a lot of ways to pay for college. Just remember how to rank those funding options when making your plan to pay for your education.