Whether you go to college on campus or online earning your degree is an expensive endeavor. Tuition and books cost a bundle and many people go into debt with student loans that take decades to pay. If you’re worried about your rising student debt and how you’re going to pay for it, here are some tips to help you keep the cost down.
Look for free money. Sign up for scholarship and grant websites and apply for as many as you can. Don’t expect to get immediate relief; this should be an ongoing process. Plan to spend a few hours a week searching for and applying to scholarships and grants and before you know it they’ll begin to add up.
Consider alternatives. Explore websites such as 360Training.com for online courses and other training options besides attending classes on campus. If you find something that fits your lifestyle you can save more with a 360training.com coupon, too.
Slow it down. If you can’t afford to take a full load of classes just take one or two at a time. Often work takes up most of our time and a full class load is just too much pressure. Taking longer than four years to get your degree won’t make that much difference in a decade or two, so don’t be afraid to slow down if you have to.
Check with work. Often businesses have education plans for their employees and will help with part or all of the tuition and expenses incurred with college attendance.
Look for apprentice programs. Sometimes you can combine school with a job in your field of choice and earn while you learn.
Use student loans wisely. If you get a loan for more than your class costs don’t consider the balance as extra cash for play. While you may need to use some for living expenses be thrifty because you’ll most likely spend many years paying off the loan.
Look for loan forgiveness programs. Some states have reciprocal agreements for certain jobs such as teaching or medical fields. You can agree to work for a specific number of years after graduation and the state will pay off your student debt.