(BPT) - According to the Education Data Initiative, the average cost of college in 2023 is $36,436 per year. Even if you or your parents can afford to pay the full costs, that’s still a hefty sum. Scholarships can help cover the costs of college, from tuition and books to living expenses.
From community organizations and major corporations to military branches or your school itself, make a list of which types of scholarships are most of interest to you. Here are some common types of scholarships available:
From there, here are a few tips to maximize your scholarship opportunities.
Whether you’re just starting out on your educational journey or currently in school, check out Navy Federal Credit Union’s student loan options to help fill funding gaps or resources on college savings.
Navy Federal Credit Union is federally insured by NCUA.