College costs

College Costs

Find and apply for student scholarships or financial assistance today.

Thanks to growing school operating costs and increasing inflation, higher education expenses are on the rise, with the average cost of an undergraduate degree at a four-year college now ranging from $25,700 to $218,000. That’s an increase of nearly 180% over the last 20 years. Happily, it’s not too late to secure funding and financial assistance for your family if needed – and many student financing options are available.

Schools, private companies, nonprofit organizations, and more offer scholarships for a variety of reasons. To identify potential opportunities, contact your preferred school’s financial aid office, high school counselor, federal or state grant agencies, religious or community organizations, or use the U.S. Department of Labor’s free scholarship search tool. Note that every scholarship comes with individual requirements and application processes, which you’ll want to research several months before the start of the school year online.

Remember to adhere to exact requirements and all deadlines when applying.

In addition, American Airlines Federal Credit Union also offers numerous affordable student lending options such as loans, lines of credit, and refinancing options. Specialized programs are further available for aspiring pilots. Families seeking simple and cost-effective ways to underwrite the cost of education needn’t worry. Many solutions can now help you pay for tuition, room and board, or books and supplies.

— Scott Steinberg

Is this a scam? Know the signs.

When it comes to spotting a potential scam, the Federal Trade Commission recommends consumers watch for the five Ps.

Ride the Wave

Dynamic price surges commonly cause Uber and Lyft prices to spike at peak times. But now the practice — which causes pricing for goods or services to rise based on market demand — is starting to catch on in other, once-steady markets, such as concert tickets, grocery stores, toys, video games, and even fast-food restaurants. Here are a few strategies for not breaking the bank when faced with it.

Your savings ascend with ladders

If you’re looking for something with the flexibility of a shorter share certificate but with the potential returns of a longer one, a share certificate ladder might be right for you.

Simplify person-to-person payments

Check out the Credit Union's new personal payment feature, Send Money.

Understanding the bonus dividend

Our Bonus Dividend payout reflects activity from both loan holders and depositors. This total is calculated based on dividends earned on qualifying share accounts and/or interest paid on auto loans, credit cards, mortgages, personal loans or student loans.

Is this a scam? Know the signs.

Ride the Wave

Your savings ascend with ladders

Simplify person-to-person payments

Understanding the bonus dividend

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