How to Pay for College: Scholarships, Grants, and 529 Plans

College costs have risen nearly 70 percent over the last two decades, outpacing general inflation by a wide margin. In-state tuition with room and board now runs around $30,000 a year, out-of-state closer to $50,000, and private schools can exceed $60,000. Before taking on loans, Ryan walks through the options that do not need to be paid back.That starts with the FAFSA, the Free Application for Federal Student Aid, which Ryan says every student should fill out regardless of family income. It opens the door to Pell Grants, state programs, and dozens of scholarship applications that use FAFSA data. Ryan also covers merit scholarships and how to use a 529 plan to save tax-efficiently for education over time. If college funding feels overwhelming, this episode gives you a clear starting point.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!