" Grants, Scholarships, work study ad other forms of gifts aid just do not cover the full cost of a college education.

Few students can't afford to pay for college without some form of education financing. Education loans come in three major categories.
Student loans: provides a variety of deferment options and extended repayment terms.
Private loans: help bridge the gap between the actual cost of your education and the limited amount the government allows you to borrow in its programs.
Parent loans: let parents borrow money to cover any cost not already covered by the students financial aid package, up to the full cost of attendance.
 

A typical college student completes college with @ 16,500 in loans that has to be paid back after you graduate from college. Depending on what college you want to go to, the tuition can increase when you go to an out- of- state college. The total tuition, room and board charges that you pay in total for a year averages is $ 14,770. This is an estimated amount you'll be paying if you are going to a well-known out-of- state college.  (Such as Bethune- Cookman College)
For example Spelman is located in Atlanta Georgia tuition is $ 9,660 not including room and board nor books. The total cost for staying on campus students is  $ 18,015 and the total cost for a student who doesn't live on campus is $11,135.
For those who want to remain in New York, the tuition is still high but can be more affordable then going out-of-state. Old Westbury College wants about two to three thousand dollars for tuition. The cost of books in college are very expensive, the average cost for books are about $500 to $600 persemester.

What are Scholarships and Financial Aid?

Financial Aid is available from a variety of sources and is awarded in the form of grants, loans, and/or work- study assistance. Approximately 85% of students receive financial aid nationwide. Scholarships are available from a variety of sources and are based on scholastic, talent, and athletic records and seriousness of purpose. Most- importantly, financial aid and scholarships do not have to be repaid, where as grants and loans you have to pay back. You can find scholarships over the Internet, that best meet your standards. You are asked questions regarding your interests and what kind of major you want to take up when you go to college and the internet matches up scholarships that they think best characterizes your abilities.

Most teenagers need to look out for scholarship scams. If you are asked to pay money to get money, nine out of ten times it's a scam, you shouldn’t be have to pay to get money for college it should automatically be free of charge. Every year several parents and students are tricked by scholarship scams. The victims of these scams lose more that $100 million annually, which is quite amazing.
There ate two ways that you should look out for when you when doing research for scholarship scam.

1.) If its too good to be true, it's a scam
2.) If you have to pay money and order to get money it's a scam.