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College Guide

Paying for School


There are almost as many ways to pay for your education as there are programs to study. At Fifth Third, we help thousands of students and families determine the best financial aid package to cover school costs, which may include a combination of grants, scholarships, federal student loans, and private student loans.

The ABCs of Borrowing Wisely

Knowing and understanding how to borrow wisely can help keep paying for college as easy as A-B-C.

Overview of How Fifth Third Can Help You Pay for School
Aid type
Quick definition
Grants & Scholarships

Grants and scholarships are known as "free money" or "gift aid." You don't have to pay the money back. This money is available from a variety of sources: the government, private organizations, and schools. Submit the FAFSA to get started.

Federal Stafford Loans After applying for free money, get low-cost government-backed loans for students enrolled in a qualified program at least half time.
Parent PLUS Loans

The PLUS loan is a federal student loan for parents who want to borrow the balance of their dependent child's education expenses minus any financial aid their child receives.

Graduate PLUS Loans

Graduate students can apply for these federal education loans for students attending graduate school.

Private Student Loans

After you've pursued free and federal money, private student loans can help cover the cost of your college costs.


Federal and School Financial Aid from Your College
Your college may be able to offer you student loans, grant, and work-study options to help pay for school. Ask your advisor about your school's financial aid packages.


More information

To apply for a student loan, please call:
Fifth Third Education Hotline 1-800-222-7192
TDD/TTY 1-800-535-4314

Questions regarding existing student loans, please call either:
Sallie Mae 1-888-272-5543
Great Lakes Higher Education 1-800-236-4300