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Yes, you can use compost on your lawn alongside or even instead of standard fertilizer. Compost is rich in nutrients and organic matter and restores the balance and health of your soil. It also replenishes depleted soil, adding volume as well as nutrients. It's a great alternative to synthetic slow-release fertilizer. And if you compost at home, you can save money by applying your own compost. 

Fescue grass is a relatively low-maintenance grass type, meaning it doesn’t require much more attention than regular watering, dethatching, and mowing. Some fescues even grow slowly enough for hard-to-reach areas, particularly those inaccessible by the mower. Following a seasonal maintenance schedule will help your fescue lawn stay green, healthy, and durable for years to come.

The best type of fertilizer depends on the type of grass and your desired end result. Generally speaking, slow-release fertilizers are best for grass, as they gradually release nutrients into your soil instead of all at once, which meets the needs of many grass types. However, the tradeoff is that slow-release fertilizers contain phosphorus, which negatively impacts local water quality. Also, some grasses require different formulations to meet the demands of the soil. Test your soil to see how acidic or alkaline it is before choosing a fertilizer. 

Yes, it can be cheaper to fertilize your own lawn. DIY lawn fertilization saves the cost of hiring a lawn care company or a company that specializes in lawn fertilization. It’s important to handle fertilizer carefully to avoid the potential dangers of getting fertilizing chemicals on your skin. Also, using the wrong type of fertilizer or misapplying it can permanently damage your lawn. On average, the cost to fertilize your lawn using a professional lawn care service is about $250 and may be worth checking into as professionals tend to have the equipment and knowledge to apply the most effective blend of fertilizer to your lawn for the best results.