With tuition on the rise, parents and students are finding it harder and harder to pay for college. But if you’re worried that you didn’t save enough money for college, don’t lose hope! From federal programs to scholarships, there are many ways to get the funding you need to get the education you or your student have always dreamed of.

Federal loans and grants. Before you do anything else, it’s important to check out Government funding programs and fill out the necessary paperwork. Depending on the student’s financial need, grants such as Pell grants and FSEOGs can award amounts anywhere from several hundred to many thousand dollars a year.

Federal Stafford loans. As the backbone of the self-help aid program by the Department of Education, Federal Stafford loans are a popular choice for people who can’t pay for college. They have a lower interest rate than loans from a private lender, but higher than a Federal Perkins loan.

Federal Perkins loans. These loans are given to a specific number of students each year at each school. They are awarded on a first-come, first-serve basis, so it’s important to fill out your FAFSA early if you’re interested.

Federal work-study programs. Work-study programs allow undergraduate and graduate students to earn money while they’re in school. Though usually on-campus, some schools are able to find work-study programs through non-profit organizations or public agencies. 

Parent loans. Many people opt to apply for a parent loan to pay for their child’s college education. A parent Loan for Undergraduate Students or PLUS, could be the best decision for many people because it allows them to borrow up to the full cost of their student’s education.

Private scholarships. Whether you’re teen is a straight-A student or not, researching scholarships is always a good idea. Talk to the experts to learn how to find private scholarships that are offered by businesses, organizations and groups so your student can learn how to properly apply.