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| The search for inexpensive college education |
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FINANCING a college education can be as costly as buying real estate. College and university tuition costs continue to rise, making it next to impossible to attend without some sort of financial assistance.
However, in a competitive job world, a college degree is a necessity, so finding inexpensive ways to get a world class education is the smart way to pay for college.
Scholarships
Apply for as many scholarships as you can. Every bit of extra and free money adds up, so look at your high school to see if they give away any money. Talk to your guidance counselor for more opportunities. There are hundreds of scholarships out there, including ones specifically for left-handed people and for good friends (seriously). Most scholarships require a bit of paperwork work and a short essay, but the same essay can often be used for a number of scholarships. Consider scholarship-hunting a full-time job and talk to everyone you know. Even getting $100 is worth an hour of your time.
Don’t give up on the scholarship search once you are in college. Keep an eye out for scholarships for students attending college--they are out there.
Loans
Taking out loans is the most common way to pay for college. You can defer paying loans after graduation to a certain extent, but watch out for high interest rates. Sallie Mae and many banks offer loans in both small and large amounts. You can take out loans to pay for housing, tuition and books. There are federal and personal loans, so talk to your parents or financial overseers to find out the best option for you.
Look at public schools
Look around your state at your public schools. They often have great discounts for in-state students, and they have the bonus of being close to a home-cooked meal and free laundry. Many public schools have a great reputation for excellence, and some are well known for particular programs, so do some digging and find the best fit for you. While a state school may not be your first choice, it might be right in your price range.
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