Going to University can be one of the best actions you take towards planning for a successful career and livelihood later in life. No matter what you decide to study at school, just the act of going and earning a degree can mean a world of possibilities opens up for you. It’s a well-known fact, however, that going to University can be an expensive endeavor. Between getting housing, buying food, books, and paying for the tuition itself, the cost of getting a degree isn’t cheap. It’s that last item, though, the paying for tuition that can be the costliest. Follow this blog to learn how to save on University tuition while getting the most from your education.
Financial Aid, Scholarships, and Loans
Perhaps the best way to save money on your University tuition is to get it paid for, without having to pay it back. In other words, financial aid payments in the form of grants, scholarships, or fellowships are monies you can put towards college expenses that you don’t have to pay back. Your school will likely have several scholarships, grants, and other payments that you can qualify for, but you can also apply for these payments outside of your school through family earnings, writing samples, or other special awards or circumstances.
While perhaps not as appealing as a payment you won’t need to repay, a loan is also something that can help you get through school and save money doing so. You can likely find a loan with a good interest rate that you can start repaying directly after leaving University, so your payments won’t spiral out of control. Although a loan is something that you’ll have to repay—with interest—getting one will enable you to focus on your education and not need to work while attending school.
Start at a Smaller School
Another way to save money on your education is to start a smaller school before moving to your larger, more reputable school of choice. First, check to make sure that your destination University will accept transfer credits from this earlier, smaller school before starting out there. If they accept these transfer credits, you can do your first two years at this smaller, more inexpensive school where you focus on your preliminary general courses.
After you get these general courses out of the way at your smaller college, you can move to your larger University to earn credits in your major. When you graduate, you’ll have that second, more expensive, more reputable University on your degree and résumé, but without the expense.
Load Up on Classes
It will most certainly take more dedication, but load up on courses to get of University sooner and save money. Although classes will often cost the same regardless of how many you take, by taking more than the minimum, you can save on University fees that you would incur for future semesters. You might also consider taking summer courses to get out of University sooner and for less money.
Live at Home….or at least Cheaply
It sounds like a bad idea, and against much of what is great about college, but if you are up for the challenge, live at home when you go to University. Even if you go this route for a couple of semesters or years, you can save a great deal of money on living expenses. In this case, your room, utilities, and much of your food is already paid for. You do sacrifice some of the great qualities about college, but you might find a way to bring in much of that experience even while living at home. If you don’t want to go this route, you can still find several ways to save on your tuition by getting creative about your housing.