Discussing Your Budget

Tips and talking points for discussing your budget

Knowing your budget is an important factor in building your college list

  • Understanding how college is being paid for

Are you paying for college, are your parents paying for college, or a combination of both?

  • As of 2025, the only guaranteed government loans where the interest is either unsubsidized or subsidized are capped each year of your undergraduate studies.

Freshman year: $5,500

Sophomore year: $6,500

Junior year: $7,500

Senior year: $7,500

  • To be eligible for consideration for financial aid (which includes the loans above) and the Pell Grant, your parents will need to complete the FAFSA and/or CSS, depending upon the school. Some private scholarships also require a completed FAFSA and/ or CSS.

  • Additional sources could be merit aid from the college/ university, scholarships from the college/ university, or private scholarships.

  • One way to keep the cost down is to start at a local community college for 1-2 years. Some community colleges have pathways toward admission to the state schools, along with guaranteed transfer options for credits taken there.

Talking Points

EMPOWER

Connecting girls to STEM resources and inspiring the next generation of engineers.

Contact US

Subscribe To Our Newsletter

stemgirlsnetworkconnect@gmail.com

© 2025. All rights reserved.

Socials