When choosing an institution to complete your higher education, there are several factors that you need to consider. One of them being the financial aid and scholarship options available to students. College Unfiltered (CU) created “Let’s Talk Money”, to help you develop your financial literacy during the college application process. Here, CU talks about several topics ranging from loans to endowment, and misconceptions of estimated family contribution (EFC).

  • Endowment: Monetary and financial asset donations from alumni and companies to colleges and universities. Most endowment money is used to  fund public research, teaching, and some is allocated to funding scholarships and grants.
  • Scholarships: Money that does not need to be repaid! You can find scholarships through your institution or outside sources.
  • FAFSA: The Free Application for Federal Student Aid (FAFSA) is the application to receive financial aid from the federal government. FAFSA will also help you find your expected family contribution (EFC), this number determines your eligibility for certain types of financial aid. 
  • Loans & Generational Debt: Money that does need to be repaid. 


For access to the full toolkit, visit College Unfiltered’s website.