Recognize College Savings Month with Financial Literacy Resources for High School Students

Planning for higher education can be a challenge for any family. Between Applications, essays, and tours, it can be a very stressful process. crucial part of preparing for college is planning for the financial burden of paying for the type of higher education the student is most interested in 

The cost of higher education in the United States continues to rise, tripling over the last 50 years. As many colleges transition to online education for the fall semester, technology needs only add to the costs for many students. Today the average yearly costs of attending college has risen above $22,000. Tuitions may continue to rise with the long-term financial impact of COVID-19 on universities taking its toll. 

September is College Savings Month, and it is more important than ever to prepare today’s students with the financial education needed so they can plan for their future success, if that includes higher educationThis month, help high school students get ahead with no cost digital resources from Pathway to Financial Success focused on planning to pay for college. Developed in partnership with Discover, this program features a full suite of resources to help students build financial literacy and plan for the future.   

High School Self-Paced Module Series 

Divided into 8 units, the high school series provides students with the basics in finances before tackling more complex financial topics with engaging multimedia content. Unit 3 “Financing Your Future” specifically focuses on all of the options available to students for financing higher education costs and helps students understand the difference between loans, grants, and scholarships.  

In Financing Further Education, students learn about ways you can pay for higher education and what you should consider when making decisions. Understanding Education Financing Options digs deeper into several of the types of financial aid available to students to help them answer key questions. 

These flexible modules allow students to go at their own pace and can be easily integrated into in-person or virtual lessons.  

Pathway to Financial Success also includes learning tools for families. In Paying for Higher Education: A Family Conversation, families will find a guide to initiate the discussion around paying for college with their student, along with links to specific resources to help them consider the costs and financial aid options available. 

High School students can make decisions now that will lead to long term success and stability in their adult years. In these uncertain times, equipping students with the tools needed to build a successful future is crucial. Wherever learning takes place this school year, these no cost virtual resources provide an opportunity to better prepare students for tomorrow.  

Explore more financial literacy resources high school and middle school students in Experience on the Pathway to Financial Success Channel.