Cut College Costs- 32 Possibilities to Explore

tips apply to anyone who plans to attend college ortransferrable to the school you ultimately wish to
who is already enrolled. At least two-thirds of collegeattend. Don’t put yourself in a position to be
students need to take out college loans to finance theirsurprised and find out the credits you took end up
education, and these loans take many years to paybeing worthless.
off, anywhere from 10-30 years in most cases. If you16. If your parents can afford to purchase a house in
can cut the amount you need to borrow, your loweror near the town where you attend college, they can
student loan balance will be easier to pay off.rent out rooms to other students. Often the rent will
1. Check with the education office of your statepay the mortgage and the value of the home will
government to see what sorts of scholarships, grants,increase during your college years. This strategy has
or loans are available from your state. Many statesobvious risks when housing prices fluctuate.
have programs like these.17. You might be able to get credits for life
2. Have your parents check to see if the companiesexperiences and thus validate some classes. Write to
they work for offer tuition assistance to children ofthe Distance Education and Training Council at 1601
employees.18th Street, NW, Washington, DC 20009, or call (202)
3. If you are a good athlete you might qualify for an234-5100.
athletic scholarship. Ask your high school coach and/or18. Some schools charge the same price for a certain
guidance councilor for help if you think you mightamount of credits taken each semester. If you can
qualify.handle the study load, try to take the maximum
4. If you live close enough to your school to commutenumber of credits in this case, as it will reduce the
there from home you can save a lot of money. Livingamount of time you need to spend at school.
costs can be a major portion of college expense.19. Sometimes you can take summer classes at a
5. If you are going to borrow money via student loanscommunity college or a junior college, and these could
to finance most or all of your college education, try tobe less expensive than your regular school, especially
graduate in three years instead of four years orif you are living at home in the summer. Just make
longer. If will be a lot of work, but your debt burden willsure the classes you take are transferrable.
be significantly reduced. Ask your academic advisor20. Check into employment opportunities offered at
up-front about this type of program.your school. Most schools have placement offices to
6. Check with the schools you are interested in to seehelp students find part-time employment on campus.
what merit scholarships are available. These are not21. If one of your parents is employed at a college or
need based and anyone can qualify regardless ofuniversity you may be in luck. Many institutions allow
parental income.children of employees to attend the school at greatly
7. While in high school be sure to take exams to qualifyreduced tuition, sometimes even at no cost. These
for the National Merit Scholarship Program scholarshiptypes of programs are not need based so they are
awards. Ask your school counselor about how to doopen to everyone who qualifies.
this if you don’t know.22. Look for work as an RA (Resident Advisor). Older
8. If you are a musician or are planning on studyingstudents can get reduced or even free room and
drama or journalism for example, you might qualify forboard for supervising younger students. Room and
some financial assistance at many schools. Ask yourboard is a major college expense, so thousands of
department head if any help like this is available and ifdollars per year can be saved in this way.
your might qualify.23. If you are open to serving in the military after
9. Purchase only used textbooks. Do a google searchgraduation, look into ROTC scholarships or an
for “cheap college textbooks”. You willappointment to one of the military academies such as
see a lot sites offering deals. You can also sell usedWest Pt., Annapolis, the Air Force Academy, U.S.
textbooks although you may need to keep thoseMerchant Marine Academy, or the U.S. Coast Guard
textbooks that pertain to your major field of study.Academy. You need to be looking into these types of
10. In-state residents get better tuition fees than do outscholarships early, even in your junior year of high
of state students at state colleges and universities.school. There are lots of tests to be taken, as these
Consider staying in your own state for school, at leastappointments are highly sought after and are
for your first two years.competitive.
11. Check with the schools you are interested in to see24. Look for a low cost school. Periodically there are
what merit scholarships are available. These are notlists published of schools that provide good value, that
need based and anyone can qualify regardless ofis, they have a good reputation and are lower priced
parental income.than other schools. Try a search for “high
12. Working part-time can be a huge help with payingquality affordable college” and start your
college expenses. Don’t overdo it, however.research there.
Your top priority needs to be getting the most out of25. If you are thinking about attending a school of
your studies. Some campuses offer work in exchangewhich one of your parents is an alumnus, you may be
for room and board, so look for these types ofable to get a lower tuition.
opportunities. Do this as early as possible since26. If you have a sibling who attends the same school
sometimes these opportunities are first-comeas you, you might be entitled to lower tuition.
first-served.27. If you are enrolled in a school and you can get
13. Taking fewer classes can reduce the amount ofcredit for recruiting another student, you might be
time you need to be in school. Sometimes you canentitled to a discount. Check into whether your school
take an examination in a particular subject and getoffers such benefits.
credit for having taken that class. Ask about programs28. Find out if your school offers tuition discounts to
like the Advanced Placement Program (APP), thestudent government participants or to people who
College-Level Examination Program (CLEP), and thework of school newspapers and yearbooks.
Provenience Examination Program (PEP).29. Some schools offer tuition discounts to older
14. While in high school be sure to take exams tostudents.
qualify for the National Merit Scholarship Program30. Some colleges will convert non-federal loans into
scholarship awards. Ask your school counselor aboutnon-federal grants to students who stay in school and
how to do this if you don’t know.graduate.
15. If you aren’t going to get much help covering31. Some schools will offer lower tuition if the main
college costs from your parents, you might want toincome earner in a student’s family is
consider going to a community college or a juniorunemployed.
college for your first one or two years. If you lived at32. Some schools have special funds for families who
home your savings would be much greater. Be verydo not qualify for state or federal funding.
careful to make sure that the credits you earn will be