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As College Tuition Rises, Scholarships Fill the Financial Aid Gap
(ARA) - In her senior year of high school, Rachel Melson realized that federal financial aid alone wouldn’t be enough to pay for her college education. Seeking more options, she headed to the Internet to search for scholarship opportunities.
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Choosing a College Degree - What is Best for You?
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Top 25 College Football Rankings are Meaningless!
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College Degrees
College degrees may allow you to earn more money upon
graduation, but for some potential students the high cost of
paying for college keeps them out of the classroom. Many
students are unaware of how to save money on the tuition for
college degrees. This lack of knowledge about tuition assistance
means that a significant number of students end up paying more
for their college degrees than they should have to pay.
Many students are aware of scholarship, grants, and student
loans as methods for reducing the cost of college degrees.
Student loans are effective, as long as you understand that you
have to pay back the loan and you find a well-paying job to help
you make your student loan payments each month. Scholarships and
grants can be more useful, as you usually do not have to pay
them back. However, there can be difficulties if you obtain
partial scholarships for your tuition. Some schools offering
college degrees will set aside how much in financial aid you can
receive in total. If you receive scholarships, they will take
that amount out of your total. So your financial aid amount will
not go up unless you obtain more in scholarship money. If this
is the case, there are other options still available to pay for
college degrees.
If you are young and willing, the military is a great way to pay
for college degrees. The Reserve Officers Training Corp, or
ROTC, offers scholarships that pay for college education. The
ROTC scholarships will pay for a significant portion of your
college education a long as you serve on active duty in the
military upon graduation. If you are willing to serve, college
degrees qualify participants for officer status. Veterans are
also eligible to pay for their college education via the G.I.
Bill. Military Academies also allow you to obtain college
degrees for free while earning a monthly stipend.
Besides the military, another way of paying for
college degrees
involves taking certain exams to earn credits. CLEP exams and
the GRE test will enable you to test out of taking specific
classes. If you do not have to take the classes, then the cost
of college degrees goes down. Besides the cost of college
degrees going down, it will also allow you to obtain your
education faster. The small cost of taking each test will save
you significant amounts of money on college degrees.
A third option in paying for college degrees involves taking
less expensive classes at one school and transferring them to
another university. Since the tuition for college degrees varies
from school to school, you can easily take basic or
pre-requisite courses at one school for less money. Many
students find that taking the basic courses required for college
degrees at a community college saves them significantly in the
end. However, check with the universities offering you college
degrees to be sure that the classes are fully transferable.
Read the rest of the article here: College Degrees.
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