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How to finance your education

April 19, 2021 · 3 min read · By ASU Online

Taking the next step on your educational journey is exciting and fulfilling. However, the financial commitment associated with college can be a concern at any stage of life. That’s why more than 70% of ASU students receive financial assistance every year and take advantage of the wealth of resources and tips available to empower you on your path.


Funding your education

With tuition transparency, money management tools and personalized support services, you have many options at your fingertips to help plan and fund your education. The most common methods include grants, scholarships, loans, personal funds and employer assistance.

  • Loans and FAFSA. The Free Application for Federal Student Aid (FAFSA) is the gateway to receiving financial assistance and federal student loans. It is recommended to submit your FAFSA even if you feel you will not qualify for aid. Need some guidance when filling out the FAFSA? Review our step-by-step guide.
  • Grants. Grants are a type of aid that doesn’t need to be repaid and are typically awarded to those with exceptional financial need. See what available grants you might qualify for.
  • Scholarships. Scholarships are also awarded aid that doesn’t need to be repaid. They are often based on financial need or merit. Learn what’s needed to apply for scholarships and how to make your application stand out.
  • Employer Assistance. Many employers offer tuition assistance as an employee benefit. Check with your employer to see if they offer tuition reimbursement or provide scholarship opportunities to their employees.
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Explore additional resources

If you’re a transfer student, you can reduce the amount of aid needed by transferring as many eligible credits as possible. You can also take a College-Level Examination Program® (CLEP®) test, which covers material typically taught in the first two years of college. To determine if a CLEP test could help you earn transferable credit, connect with an enrollment coach or your academic advisor.

Dive into some of our additional resources to learn more about tuition and costs per degree level and other forms of aid you may qualify for.

  • Tuition calculator. Use our pricing tool to estimate your tuition costs based on residency status, student status and more.
  • Money Management. MoneyMoments is a free online collection of money management tips so you can develop confidence in your financial future.
  • Private loan FAQ. Learn what’s involved in private education loans that are not funded by the federal government.

Aid for Student Veterans

Military families face a different set of twists and turns, especially during the transition from military to civilian life. We’re dedicated to supporting your unique needs and offer veteran resources to empower your successful degree completion.

You may also qualify for Tillman Scholarships to receive financial support for traditional study-related expenses such as tuition and books, as well as other needs, including (but not limited to) housing, transportation and childcare.


Learn more about financial aid through Student Stories. You can hear directly from your fellow Sun Devils to see how they funded their ASU education and connect with the community using #ASUOnline on social media.


About the author

Earn your degree completely online from the nation's most innovative university. ASU Online offers more than 200 degree programs and certificates in high-demand areas such as nursing, engineering, business, education and more. Explore all of our areas of study.

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