Finding a way to finance postsecondary schooling (that is, schooling beyond high school), may be as much of a challenge as the course material! Fortunately, many students — though not all — are able to obtain financial assistance. The ability to pay for, or finance, schooling has serious implications for a student’s future.

This report using data collected in the Survey of Income and Program Participation (SIPP) examines the characteristics of postsecondary students, their schooling costs, and avenues of financing education for the academic year 1993-1994.