Scholarships: awards given for a variety of reasons, such as good grades, special talents or career paths.

GRANTS: aid that's generally based on financial need and that doesn't have to be repaid.

Work-study (student employment): money earned by working part-time at college or university

Loans: borrowed money that must be repaid over time with interest.



Here are a few things you can do to plan ahead...

Sign up for Oklahoma's Promise now if your family meets requirements outlined at www.okpromise.org.

Explore www.OKcollegestart.org and www.ocap.org to learn more about paying for college

Start researching the colleges you're interested in and learn what types of financial aid they offer. Find out if they have scholarships in the field you're interested in and what the requirements are so you can plan early to apply.

Ask family members to open an Oklahoma College Savings Plan account by calling 877.654.7284 or visiting www.ok4saving.org.

Learn about the student financial aid application process and programs by calling or visiting the websites for the resources listed in this brochure.

Investigate other financial aid programs.

Talk to your school counselor. Counselors have lots of resources that can help you as you plan for college.


Oklahoma's Promise allows students to earn free college tuition if they meet certain academic and conduct requirements in high school. You must sign up in the eighth, ninth or tenth grade and your family's income cannot be more than $50,000 per year at the time you apply. There are additional financial, academic and conduct requirements to get and keep the scholarship in college. www.okpromise.org or 800.858.1840

Oklahoma Tuition Aid Grant Program (OTAG) is a needed-based grant program for Oklahoma residents who attend eligible colleges, universities and career technology centers in Oklahoma. Awards are approved for full-time or part-time undergraduate students. Application is made through the Free Application for Federal Student Aid (FAFSA). www.otag.org or 800.858.1840

Oklahoma College Assistance Program (OCAP), formerly known as OGSLP, is a nonprofit division of the Oklahoma State Regents for Higher Education that provides college access, financial literacy, default prevention and student loan management programs and services to support students,parents, educators and campuses. www.ocap.org or 800.442.8642

Oklahoma College Savings Plan offers tax advantages, including a state income tax deduction up to $10,000. Initial contributions are as little as $100, and continuing contributions as small as $25 or $15 through payroll deduction. Funds can be withdrawn as needed and used for college expenses at nearly all colleges and universities in the United States. www.ok4saving.org or 877.654.7284

Oklahoma Money Matters (OKMM), The financial literacy initiative of the Sate Regents and OCAP,offers information and resources to help students and parents prepare financially for college, strengthen family financial planning and empower young adults with money management skills for independent living www.oklahomamoneymatters.org or 800.970.okmm (6566)