6 Other College Expenses

6 Other College Expenses

6 other college expenses (and opportunities) to consider when the financial aid letter arrives

(BPT) – The last year of high school is a whirl of activity, and it’s no different when it comes to the final leg of college selection. Once the acceptance notifications arrive, it will soon be time to sit down with a different stack of mail: financial aid letters and other college expenses to consider.

As you undoubtedly know, the cost of college is no small investment. In the 2017-18 academic year, the average tuition and fees for four-year public colleges is $25,620, while for private colleges, the costs are $33,520, and public two-year colleges cost $3,570, according to the College Board.

At the same time, the College Board reports that more than 70 percent of students receive grants to help pay for college. Hopefully, those financial letters contain some good news.

For most families, analyzing the letters is a process of uncovering the college that can offer the best education at the best value for your student. One way to get there is to parse the details of the letter itself so you understand the net cost of your student’s education. Still, it’s critical View full post…

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Paying For College Without Student Loans

Ways of Paying for College That Can Reduce or Eliminate Student Loans

There are ways of paying for college without student loansThere are various ways of paying for college, instead of relying on student loans. Granted, there are some degree fields where the tuition alone is out of sight, and our strategies might not apply. However, for the others, these strategies will show you ways of paying for college so that you aren’t one of the average graduates with $33,000.00 to $35,000.00 in student loan debt.  Current statistics reveal that just under 70% of college graduates carry high student loan debt.

A popular website with students, Edvisors.com, tries to help students with different ways of paying for college. They suggest working part time, as well, in order that the student can reduce student loans. Even with rising tuition rates, it is still possible today to graduate from college without student loans. The following are some suggestions that will show you other ways to pay for college.

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Reduce Student Loans for College

A Way to Reduce Your Student Loans for College

Lower student loans for collegeHigh school students who are looking for ways to lower student loans for college should seriously consider a community college. This will in effect reduce the total cost of a college education and will help them after they graduate.

Many financial advisers today recommend this path to any cost conscious students. Many of these students are able to pay the cost for the two year program without the aid of student loans. Once they complete the community college program and transfer to a four year university, they are able to reduce the need for student loans for college by up to fifty percent in many cases.

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