How to pay for college

How Much Does College Cost?
The first step in paying for college is knowing how much college costs.
Danville Area Community College is a great place to start due to the cost
savings. Check this cost comparison
chart.
This chart includes tuition, fees, and housing (if applicable) for 1 year
(30 credit hours).
Paying for College
College can be expensive, but it is an investment in yourself that will
benefit you for years and years. How do you finance college? There are
many methods to pay for college. Listed below are several ways to pay for
college. Many students utilize more than one method to finance their
college education.
- Financial Aid: The first step in applying for financial aid is to fill
out the FAFSA (Free Application for Federal Student Aid). The FAFSA can
be completed the spring of your senior year, after your parents have filed
their income tax forms (this information is required to complete the
FAFSA). The FAFSA is detailed, but the DACC Financial Aid Office is
always willing to help students. You can contact them by phone at (217)
443-8891, by visiting their office (no appointment needed), by attending
one of their Financial Aid Nights at the local high schools, or on the web
at http://www.dacc.cc.il.us/finaid.
In addition to the FAFSA determining your eligibility for federal or state
aid, it is also the first step in applying for a federal student loan,
and/or many scholarship applications require the FAFSA to be completed
first.
- Student Loans: Federal loans are available to eligible students. For
more information on student loans visit our Financial Aid Loans
site.
- Apply for Scholarships: The DACC Foundation makes applying for
scholarships easy! With one application (available January 1st of your
senior year and due back by Feb. 15th) you can apply for over 70 different
scholarships. The scholarships awarded will be applied toward the next
Fall & Spring semesters.
Check out the state-sponsored "scholarship finder tool" at http://www.isac-online.org. Answer
the questionnaire and find out what scholarships you might be eligible
for. You can also send the questionnaire in via mail for a $10.00 fee.
- Payment Plans: To help you meet your educational expenses, DACC is
pleased to offer the FACTS Payment Plan as a convenient option. FACTS is
a tuition management plan that provides you with a low cost option for
budgeting tuition and fees. It is not a loan program; therefore, you have
no debt, there are no interest or finance charges assessed and there is no
credit check. The only cost is a $25.00 per semester non-refundable
enrollment fee.
Go to the E-Cashier
website to enroll in the payment plan or stop by the Admissions Office for
a FACTS brochure.
- Third Party Payment: Check to see if your employer or your
parents' employers have a tuition-assistance program. Some employers
reimburse students for successfully completed college courses, especially
when the coursework pertains to the job. If a third party, such as your
employer, will be paying for your tuition, notify DACC by the bill due
date in order to stay enrolled in your classes.