Textbooks can add hundreds to annual tuition costs, with the average cost at four-year schools being $1,212 and $1,467 at two-year institutions for the 2022-23 school year. Students can use federal student loans to pay for textbooks, but may need to explore other options if loans don’t cover all costs.

Credit cards are another option for paying for textbooks, but it’s important to consider the high interest rates associated with them. Paying by card could make sense if you can repay the full balance, are waiting for federal aid, or have a 0% introductory APR card. Rewards credit cards can also provide savings on textbook purchases.

Grants, scholarships, 529 savings, and private student loans are additional ways to cover textbook costs. Private student loans may offer lower interest rates than credit cards, but borrowers should consider all payment options before taking on new debt. It’s essential to prioritize paying off credit card balances to minimize interest costs.

Read more at Yahoo Finance: Should you use a credit card to pay for college textbooks?