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Wysłany: Sob 9:47, 12 Mar 2011 Temat postu: timberland clogs 6534 |
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Paying For College- What are My Options
There are numerous options that college students have to fund their higher education. The hard part is [link widoczny dla zalogowanych]sing one. The following is a list that, I hope, will help you discover which option is ideal for you.
Scholarships- I chose to start with scholarships merely for the reason that they're the best way to finance college. You aren't required to pay interest on a scholarship and you never have to pay them back. Not only that, but you can find them everywhere. Every group, club, business, and church in your community is a possible source for a scholarship. Thousands of scholarships can also be found on the web. Simply search for scholarships on any search engine. If you are in high school speak with your counselor or the financial aid office. Try checking to see if your employer has a scholarship fund. You should also consider searching your local newspaper. One more thing to keep in mind is that the majority of colleges and universities give out scholarships to hard working students. Scholarships like these are typically awarded for high GPA's and SAT or ACT scores. So see if the university you're applying to has scholarships like these.
Grants- Grants are ideal because, like scholarships, you don't have to pay them back. You can obtain grants from many different sources. A few of these include (but are not limited to) private organizations,[link widoczny dla zalogowanych], educational institutions, and the federal government. Grants may be awarded based on your financial need, religious affiliation,[link widoczny dla zalogowanych], record of achievement, or special interests. A common way to get financial aid grants is through FAFSA (Free Application for Federal Student Aid).
Loans- There are two types of loans: federal and private. The Federal student loans you can apply for are the Stafford student loan, Parent PLUS, Graduate PLUS, and the Perkins loan. The most popular are Stafford loans.
Private Loans, or student loan alternatives,[link widoczny dla zalogowanych], offer similar benefits to college students as federal loans. Some of which are: deferred payment until after graduation, various loan repayment terms, and borrower benefits. The interest rates on private loans vary from company to company.
If you're trying to find a loan you'll want to locate a loan that has the lowest interest rate you can find. To be eligible for a low-interest loan, there are a few requirements. Here's a list of things that will help you get a low-interest loan:
-Provide Collateral
-Maintain a high credit score.
-Keep your bank statement clean.
-Be working.
-Have proof of successfully closing any loan previously
-Don't have a defaulter record.
-Two recommendations.
Get a Job- One other way to finance college is to get a job and earn some money. Some students find a way to get by just working in the summer but others have to work throughout the school year as well. Work opportunities are all over the place. Weigh the skills and talents you possess and search for a job where you can use those skills. Universities sometimes have jobs available for those with financial troubles.
I hope this has helped,[link widoczny dla zalogowanych]! Good luck with your college financing endeavors!
NOTE: Use of this article requires resource box and links to be intact. A college student herself, Elise Fisher enjoys writing articles that help college students understand how to pay for their college expenses. She has also built a website that helps college students understand everything they need to know About Student Loans. Make sure you visit the Student Loan Consolidation page.Topics related articles:
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