Paying for Your Online College Degree Program
Worried about paying the bills after tacking on the cost of an online college degree program? You aren’t alone. The good news is: you have options. The even better news? There is free money for college out there—and My College Guide will tell you just where to look!
Free Money For Online College Degree Program
It’s true. It doesn’t matter how old you are—as long as you plan on attending an accredited college, online or off, you can find and apply for money to help pay your way. There are three types of financial resources available. Going back to school doesn’t have to mean going into massive amounts of debt!
Grants are sort of like loans except: they don’t have to be repaid! If you are awarded a Pell grant, it’s like being handed free money just for attending your online college degree program. The easiest way to try to receive a Pell grant is to fill out the FAFSA, or Free Application for Federal Student Aid. It’s fast to fill out and can help win you a grant or help you qualify for a government or private loan. You won’t know if you qualify until you fill out the form!
Yes, even adults going back to school can find, apply for, and win a college scholarship! The trick is to start applying for scholarships where you completely match the criteria. If they only award a specific scholarship to Engineering majors, don’t apply unless you are an Engineering major! Scholarships are competitive so don’t waste your time applying unless you fit the requirements.
There are college scholarships for students of all kinds. Start with our list of college scholarship websites. Use between 2-3 sites and see what you can find—you might end up surprised! From unusual college scholarships to character traits (are you left-handed?) and those specifically for adults going back to college, there are scholarships out there to match any student.Why not try and find free money to pay for your online college degree program?
When you don’t quite have enough to pay for your online college degree program in full, many students turn to loans. Of course, using the above financial aid options can help you cut down on the amount of money that you have to borrow.
Be smart with your money. Take out what you need to pay for your college classes. Don’t think of a loan as free money—you’ll be paying this one back, but nothing says that you can’t make payments on your loan before you graduate! Compare providers and see who will give you the best interest rate and always proofread the fine print before you sign on the dotted line.