Posted on August 13 2010 by John Grant

College Tuition and Financial Aid Explained at the University of Michigan

Financial aid is a very popular subject on My College Guide (as you can probably imagine). Hardly a day goes by where a college bound student just starting the college planning process doesn’t ask how to go about paying for college.

This video from the University of Michigan does a great job in breaking down why college tuition costs what it costs (and can be applied to many other colleges and universities around the country) – as well as pointing out potential sources that can help you pay for college!

College education isn’t cheap — that is the reason why there are financial aid outlets like the FAFSA (Free Application for Federal Student Aid) and various scholarships and other grants. Rest assured that there are plenty of ways to save money on the cost of your college tuition – and this video does touch upon a few terrific sources! Watch Tuitionomics on Youtube or below.

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