Need Money for College? Four Options for Financial Aid
By Mark Huntsman,
OnlineStudentFinancialAid.comThe College Board reported that over the past year tuition for attending a four-year public college has increased 6.6 percent. Now factor in the average student graduates with $21,000 in student loans. Fortunately there are many kinds of tuition assistant programs that can help you pay for college expenses without you incurring excessive debt.
ScholarshipsImagine getting all or part of your tuition paid free and clear. This is possible if you meet certain scholarship criteria. Is there a particular sport you excel in? Are you an avid volunteer? Do you have any unique or extenuating circumstances which might fall within an organization's mission?
Organizations of all kinds are interested in helping students achieve their educational goals. All you have to do is find which ones are offering scholarships and apply. Your first stop should be your school's financial aide office. However you should also explore what scholarships might be available through professional associations, clubs, churches, businesses, government agencies—even your own employer. Try using Fast web, a free Internet tool which helps you locate scholarships on both a local and national level.
InternshipsPaid internships are a way for you to earn money while you gain valuable experience and knowledge in your field. Internships also help you find mentors and network with professionals in your industry. Many students launch their careers with an internship as it usually is an in-rode to a full time job right after graduation.
Finding an appropriate internship is similar to finding the right job. You have to search and you must be consistent. Again, a good place to start is with your school. You should also check major job boards, like Yahoo Hot Jobs (enter keyword “internship”). If there's not an internship that appeals to you and you have a company in mind you want to work for don't be shy about proposing an internship to a hiring manager.
Employer AssistanceOne of the perks of employer tuition assistance is that employers are generally very flexible about what kind of course you take. But be sure to ask. What should you do if tuition assistance isn't offered? Talk to you employer and make a strong case out of how your school program will enhance your job skills.
Military Discounts and Tuition Assistance If you're an active member of the armed forces or hold veteran status you could qualify for substantial tuition assistance. Eligible members may receive $4,500 tuition allowance that is paid directly to your school. Other tuition assistance may be available, too because some states are trimming the cost of college tuition as a way to demonstrate their gratitude for your service. Find out more at military.com and from U.S.A Today.
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