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How will you pay for school?

Monday, June 21st, 2010

There are a few ways to get your self through college. One is by applying for loans. These loans will pay for all your university/college expenses. The only issue with loans is that many of them have high interest levels. They will also only give you a few months to start paying once you graduate. Many people have taken this route and are slowing paying their loans with payment plans. Another option is working and going to school. This option is harder but can be done with effective time management. Expect to be studying longer than the average 4 years it takes for a bachelors. It takes two years for a masters and three more for a PH.d. If you jump from bachelors to Ph.d program it will take 5-7 years of school. The last years will be all internships and accumulating hours before your set loose to work.

A great site to use in the United States for Federal Student Aid: www.fafsa.ed.gov.

 

This site will help you fill in tax and lifestyle information which will then access if you can receive free money from the government. If you’re an independent student who does not live with parents your more likely to get federal funding as opposed to living at home. If your parents make more than 100k then you will be unable to get free money. Your school may also require you to fill in the FAFSA application. So take a look at that link.

Funding Options

Paying for school is a very expensive investment. State schools in America cost 10-15k every year while private schools can go up to 20-30k a year. Internationally school may be cheaper. Do research so you can see the exact costs! You can also try looking into your school and see if they provide funding. Some schools will pay you to study. All you need to do is fill a prerequisite such as a grade point average or enter a program specific to your area of study.

You can also take the free money route and apply for scholarships/grants. Your acceptance to these awards are dependent on the their guideline. For more information on scholarships please sign up to our email list or visit the website www.fastweb.com