How To Pay for College Tuition on your own
How to pay for college tuition is every student most pressure question? whether you are in school or just finish school (student loan). However thanks to many helpful tools you can find a solution that meets your needs. Yet, we want to share some tips in the spirit of edulers a community-centered platform.
Make money to pay for college
- Drive for a ride-sharing company: if you drive and own a car this a solution that can prove to be highly effective. Indeed, you can make up to $600 per week if you are aggressive.
- Tutoring: Most people I know do this already. Because it is probably one of the most effective ways to make easy money in college.
- Join a saving circle: Saving circles are amazing, as they pretty help you get the funding you need to pay for college tuition on your own. Chances are some saving circles have free resources such as scholarships or grants for members.
- Launch a business: Think of something students will need regularly such as coffee, tea and establish yourself as their main direct supplier and build your community. In addition, the revenue generated can help you pay for college tuition on your own.
- Storage service for your school mates: You have some students that are moving out but need a temporary storage place for their belongings.
Save money for your education
- live off-campus and share a room: Living off campus can save you big. Living in a shared apartment and sharing a room will help you save money. In addition the further you go from the campus the cheaper rate you can have.
- Volunteer for research: There is a very interesting case that could be made here. Indeed, some researches really pay well. In the short run, it will help you to alleviate some basic expenses. Plus, they are not time-consuming.
- Rent for free: In the city, they are many people looking for help in their house. Thus, you can join a rent for help program where you can perform some home duties in exchange for a free place to stay.
- Volunteers for community-oriented centers such as churches or not for profit. In exchange, you can get access to food pantries
1. Choose colleges that offer tuition-free programs
There are colleges that offer tuition-free programs. Because, they have implemented generous either merit-based full scholarships, work-study, and fellowship programs. Moreover, some of those colleges have received enough endowment to cover the tuition cost of some if not all students.
- Alice Lloyd College: Kentucky
- Barclay College: Kansas
- College of the Ozarks: Missouri
- Williamson College of the Trades Philadelphia
Privately endowed research university Research university
- Cornell University: New York
- Duke University: North Carolina
- Harvard University: Massachusetts
- Massachusetts Institute of Technology: Massachusetts
- Princeton University New Jersey
- Stanford University California
- Vanderbilt University Tennessee
- Yale University Connecticut
- Umass Amherst Massachusetts
- Curtis Institute of Music: Philadelphia
- Deep Springs College: California
Others private colleges
public research university
- Air Force Academy: Colorado
- Coast Guard Academy: Connecticut
- Merchant Marine Academy New York
- Military Academy New York
- Naval Academy Maryland
2. Apply for grant
These are a great way to cover your cost. Unlike loans, you don’t have to pay back. Typically, grants for colleges are merit-based. Furthermore, they can be awarded based on ethnicity, religion, or other background criteria. Usually, they are two types of grants: private and federal.
They are either federal or state governments. Nonetheless, they are a form of financial assistance where the U.S government redistributes its resources to eligible. Just follow these steps to find the perfect fit.
- Fill out the FAFSA
You will need to fill out the Free Application for Federal Student Aid (FAFSA). Also, there are so many reasons to fill out a FAFSA. But for the purposes of grants, you have to fill out a FAFSA so that the colleges can figure out the extent of your eligibility for financial aid. Nevertheless, it is on on a first-come, first-serve. Thus, you have to fill the form as soon as possible.
- Discover your expected family contribution (EFC)
Your EFC is the amount your family is presumed to pay for college based on financial information. Despite whether they actually intend to pay that amount. Normally, students with higher EFCs are likely to receive loans rather than grants but don’t be discouraged.
- Disbursement options
You can choose to get a single lump-sum payment or disbursement of equal installment.
- CSS profile:
You can also fill out a CSS profile to get access to grants as well as scholarships.
list of grants
- Grants from companies/organizations: companies are looking for help to advance a key project. Likewise, those grants can go up to millions. Typically, they are research grants or project experimentation or prototype testing.
3. Apply for scholarships
4. Launch a crowdfunding campaign
5. Get a student loan
Student loans can be tricky. But ultimately they are useful. That is why it is advisable to have a full understanding of the implication before sign in.
They are ways you can leverage to pay for college. But, you have to get out there and put yourself out of your comfort zone to make it happen. Yet, no matter what option you choose always keep in mind your long term goal.