Paying for College

There are many options available for you to pay for college.  You should explore all of your options, including:

College Savings Plans

HESAA offers a state-sponsored 529 college savings program to help families meet the cost of college.  Saving with NJBEST (New Jersey Better Educational Savings Trust) offers many benefits, including state and federal tax-free earnings. 

Grants & Scholarships

Many students use grants and scholarships to help pay for their education.  Neither grants nor scholarships have to be repaid.  You should explore all of your options for free money.  Apply for both federal and state grants.  Make sure you take the time to research scholarships that might be available to you.

Student Loans

Millions of students nationwide, including those who receive grants and scholarships. rely on the affordability of student loans to help pay for their education.  Student loans offer low interest rates and favorable terms, including the option to defer repayment until you have completed your degree. 

While student loans can help you achieve your educational goals, you should always borrow wisely.

Tuition Payment Plans

Check with your school to see if they participate in any tuition payment plans. 

Additional Sources of Aid

Other sources of aid to assist with college costs include:

• Personal savings
• Community and corporate grants and scholarships
• Service programs such as AmeriCorps, a domestic Peace Corps
• Employer-sponsored tuition assistance programs
• Loan forgiveness program