WHY YOU CAN AFFORD A DEGREE FROM OBC

Financial aid tips and tuition information for associate degrees

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It’s a big commitment to earn your degree, and your future career will thank you for it. If you’re considering taking the leap, rest assured that you can afford an education if you turn to the right sources. Find out how with this interactive guide to Ohio Business College’s associate degree programs.

DID YOU KNOW?

An associate degree from OBC costs up to 40% less than at other area career colleges.

Regardless of your financial situation, you deserve the education you need to move forward. OBC is here to help make paying for that education as simple and affordable as possible.

What resources do you currently have to pay for your degree?

Great, it looks like you already have resources to help, but there might be even more options.

Keep reading to discover more about each form of funding and how they can make your degree more affordable.

You may feel like you can't afford a degree, but you have options.

Keep reading to discover each form of funding and how they can make your degree more affordable.
Before you can find all of your sources of aid, you must complete the FAFSA (Free Application for Federal Student Aid).

Every year, to help students pay for higher education, the office of federal student aid offers

$150+ billion1

Of the 2013 high school graduates, 47% of them did not complete the FAFSA, rendering them ineligible for their share of federal funds.2  Your FAFSA will determine how much you are expected to contribute to the cost of your education, along with the federal aid you qualify for.

 

Many students find the FAFSA daunting. That’s why OBC has a Financial Services team to walk you through the process. Learn about your options below so you don’t leave funding unclaimed.

GRANTS & SCHOLARSHIPS

What are they? Free money to spend on your tuition and costs.

$46 Billion

The U.S. Department of Education, along with colleges and universities, award an estimated $46 billion annually through scholarships and grants.3

$2.9 Billion

$2.9 billion in federal grants for college students went unclaimed in the 2014-2015 academic year. 4

 

Make sure you claim the free money you qualify for by learning about scholarships and grants.

WHERE DO THEY COME FROM?

The government (federal, state, and local)

Private institutions (companies, organizations, non-profits)

HOW CAN I QUALIFY?

Merit-based

(your grades, accomplishments, and extracurricular activities)

Need-based

(your financial situation based on the results of your FAFSA)

WORK STUDY

Work part-time on and off campus to earn money toward your tuition and costs.

WHERE DOES IT COME FROM?

The Federal Financial Aid program

HOW CAN I QUALIFY?

To qualify, you must complete the FAFSA.

WHERE DO I LOOK FOR WORK STUDY JOBS?

LOANS

Borrowed money that you must repay later

WHERE DO THEY COME FROM?

The federal government

Private banks
Credit Unions

HOW CAN I QUALIFY?

To qualify, you must complete the FAFSA.

WHAT ARE MY OPTIONS?

• Federal Direct Student Loan, Subsidized

• Federal Direct Student Loan, Unsubsidized

• Federal Direct Loan Plus

• Your bank or credit union

REMEMBER:

Loans are the only financial aid option that you must repay, often with interest. If your financial aid package notes that you qualify for a student loan, it does not mean you must take out that loan. Explore all of the free financial aid options available to you before you take out a loan. If you are considering one, we recommend meeting with OBC’s financial aid department and a financial advisor to help you fully understand the requirements of that loan.
 
For many students who take out a loan for their degree, it’s an excellent tool that empowers them to earn more in the long run. 
Learn more about student loan repayment at OBC

REMEMBER:

Loans are the only financial aid option that you must repay, often with interest. If your financial aid package notes that you qualify for a student loan, it does not mean you must take out that loan. Explore all of the free financial aid options available to you before you take out a loan. If you are considering one, we recommend meeting with OBC’s financial aid department and a financial advisor to help you fully understand the requirements of that loan.
 
For many students who take out a loan for their degree, it’s an excellent tool that empowers them to earn more in the long run. 
Learn more about student load repayment at OBC

WHAT'S NEXT?

Now that you know your financial aid options, it’s time to estimate the cost of your degree. Let us know your campus and program of interest so we can point you to the right information.

 Choose your campus:

Remember, through financial aid and planning, you can pursue an affordable degree at OBC. Talk to one of our financial aid advisors for the best way to estimate the cost of your degree.