College funding refers to the financial resources available to help students pay for their higher education. This can include various sources such as scholarships, grants, loans, and work-study programs. Scholarships and grants are often awarded based on merit or financial need, while loans must be repaid after graduation.
Many families also use savings plans, like 529 plans, to save for college expenses. Additionally, federal and state governments offer financial aid programs to assist students in covering tuition and other costs. Understanding these options is crucial for making college more affordable and accessible.