Preparing to Pay for Higher Education

Published On:
June 26, 2020

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Financing a college degree might be one of the biggest investments you make. While this can seem expensive or overwhelming, Arbor Financial Credit Union is here to guide you along the way with our free Level Up Financial Success Program. With short courses on how to pay for college, you’ll gain a better understanding on the costs associated with higher education and the repayment process.
Get Prepared
You can get started by watching a series of short videos that are approximately five minutes each, and learn more about many aspects of paying for college:

  • Financing higher education
  • 529 Plans and saving
  • Savings account options and habits
  • Investment options
  • Estimating savings
  • Student loan refinancing
  • Taxes

A screenshot of the various videos available for the Paying for College playlist.

Tools to Help You Succeed
In addition to educational videos, you can take advantage of different tools to help you start meeting your financial goals. See how far your college savings may go, so you can estimate the amount of additional money you might need to save for college.

Various calculators on the playlist can help you estimate shortfalls.

Discover how refinancing your student loans might help to reduce your monthly payments and total amount owed, enabling you to save more for your future.

A preview of a calculator that helps determine the monthly amount saved with a refinanced loan. 

The budgeting tool helps to organize monthly fixed and flexible expenses and identify areas for additional saving.

A preview of the budgeting tool.
Over the next few years, your needs, priorities, and plans will change. Feel confident with the direction you head towards with our free Level Up Financial Success Program. While you’re at it, check out our other resources, like our Scholarship Program and Volt accounts for young teens and adults.

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Financial Management Resources , Youth Education