The cost of college tuition has skyrocketed in the last few decades. Once, a person could work part-time and finish college with no debt. Today, many are graduating with tens of thousands of dollars in debt, if not more. It can feel overwhelming and impossible, making you want to avoid college altogether. Fortunately, many pathways can make the cost of college more manageable, so don’t give up.
1. Find Out What Scholarships, Grants, and Aid You’re Eligible For
One of the first steps to take when looking at colleges is to explore ways to get it paid for by someone else. You may be able to go to college for free or at a reduced price. Many students qualify for financial aid, which means the federal government will cover tuition costs. You might even get funds for books and other materials. Those who don’t qualify may be eligible for scholarships and grants.
As early as your first year of high school, a college admissions consultant can advise you on your colleges and ways to improve your chances of getting in. A great consultant will also be able to provide insight into filling out the FAFSA form for federal aid. If you still need financial help, there are scholarships and grants for many qualifications. Maybe you’re the first to go to college in your family or come from an underserved community. There’s a good chance you can find a way to get some or all of your tuition paid for.
2. Consider Community College
Community college is an underappreciated option for many high school students losing hope. Not only is community college an opportunity to save money, but it can also help you improve your skills. Classes at community college can increase your knowledge and stand as prerequisites for your major. Community college classes are offered at a fraction of the price of even “affordable” state schools. Plus, you might qualify for financial aid so that you can go for free!
So-called feeder schools are great options for students looking to save money. These community colleges are designed to help you transfer directly to local universities. You can even begin taking community college classes while still in high school. This option, called dual or concurrent enrollment, is often free or offered at a reduced cost. You could knock out several college courses while in high school without paying for tuition.
3. Ask Your Employer About Tuition Reimbursement
Another untapped resource is tuition reimbursement through your employer. Whether you’re a high school student working part-time or an adult returning to school, this option can save you a ton of money. Nearly half of all employers in the United States offer tuition reimbursement for undergraduate or grad school. And if you’re not working yet, consider getting a job with an employer who provides this benefit.
While some employers require you to get a degree in a work-related subject, others pay you for an education. Then, there are programs like Americorps and the Peace Corps to consider. These organizations will pay part of your tuition for volunteer work during the summer or after graduation. Finally, if you’re considering going into public service after college, you may qualify for the Public Service Loan Forgiveness program. After ten years as a teacher, nurse, firefighter, or similar job, your student loans can be forgiven.
4. Research Alternative Programs that Speed Up the Process
If you still find yourself at your wits’ end after all this researching and applying, you can consider alternative education programs. Many community colleges and universities will allow you to take online courses, which gives you the time and freedom to work full-time. If paying for college is challenging, remember that you don’t have to do it all at once. You can take one or two semester classes, paying as you go. There’s no rush to the finish line, and whether you graduate tomorrow or ten years from now, you’ll still have your education.
You can also look into accelerated course programs that put you on the fast track to graduation. The coursework is designed for full-time employees looking to save time and money on their education. If you have no other options and you have to work a 40-hour-a-week job, these programs make it as easy as possible to get through. You’ll take fewer, shorter classes that have been truncated to brinquickly g you the information you need. And you’ll graduate with the same degree as everyone else!
5. Look into Ways to Make and Save Money
Finally, when all else fails, and even when it doesn’t, you can always work on ways to improve your financial situation. Even students with full scholarships often need funds for books and supplies. Many people also still have to pay for room and board somewhere, and you have to eat! Check-in with your college to find out about jobs on campus that may help you make money to pay for expenses. As you progress through school, you could work as a tutor or a teacher’s assistant. These positions can not only offer a paycheck, but they can also make you a better student.
No matter how much or how little money you’re making, you should also become a master of budgeting. This skill will get you through college — and the rest of your life. Learning where to cut corners, how to spend money, and how to make it last is an essential skill. Look for used textbooks, classmates who need a roommate, and local stores that offer student discounts. And, of course, try not to get into any more debt than necessary!
Ultimately, college can feel like an impossibility for many students, but it doesn’t have to be that way. Numerous programs and organizations offer opportunities for students to go to college for free or cheap. The biggest problem for most people is figuring out which avenue is right for you. Seek guidance from an expert, ask guidance counselors at your school, and scan the internet for answers. Getting those savings, staying out of debt, and getting your degree are more than worth the effort.
