Posts Tagged ‘how to pay for college’

Paying for Your Master’s Degree Online

Friday, May 20th, 2011

Considering going back to college and completing your master’s degree online? My College Guide has advice on how to pay your way through school. Plan now to make it easier later!

Paying for Your Master's Degree Online

Paying for Your Master's Degree Online

Just so you know, online courses frequently cost you less than on-campus courses—and that holds true for your master’s degree online, too! The amount of money you will need to invest can frequently be considerable less than what you would expect. In other words: it pays to shop!

Paying for Your Master’s Degree Online

You have a few options when it comes to paying for your master’s degree online.

Grants and Scholarships – While you shouldn’t rely on this method and think that it will pay all of your way through school, it never hurts to find and apply to anything and everything that matches your academic background! You can start with our list of college scholarship websites right here on My College Guide. Your school may have institution-specific scholarships that they will award you with as well!

Money in the Bank – Have a nice stash of savings? Depending on the program you choose (and if you received a few grants and/or scholarships), you might want to think about using some of your savings to pay your way. Of course, you will really want to think about whether this degree will actually improve your circumstances or not.

Private Loans – Paying interest? It’s not fun. But if you really think that going back to school and earning your master’s degree online will pay off in the long run, it just might be worth it! Look into your private loan options and see what you can find.

The Boss – What about your employer? If a master’s degree online will prove to be a huge boon to the company, many will help pick up your education tab. Check out if the company that you work for will do the same for adults going back to school like you!

Final Advice

Make sure to read our article, Three Things to Ask Yourself Before Getting a Master’s Degree Online. No matter how much money you may be able to save by earning your master’s degree online, it will still be a hefty expense. Make sure your degree will translate into higher pay for you later on!

Image Courtesy of Flickr, foreverdigital.

Who We Are: Information you can trust. For more than 20 years, My College Guide has provided information to help students find the best college degree and career for them. Get information on master’s degree online that will get you on the road to the right career for you!

Subscribe to our blog via RSS or email and stay on top of everything college!

5 Easy Ways to Save Money For College

Wednesday, May 4th, 2011

If going back to school is on your To Do list, you’re probably wondering how you’ll find money for college. But don’t worry—while going back to college can be expensive, there is plenty of help available.

Money for college: where will you find it?

Money for college: where will you find it?

Federal financial aid, private student loans, and scholarships can all help ease the burden. Plus, there are tons of simple things you can do to find money for college in your budget—even if money is tight.

Did you know your refrigerator could help you find money for college?

If you’re like most Americans, a significant portion of your budget goes to food. But there are lots of little ways you can cut back—and those small contributions can really add up when it comes to finding money for school.

Learn to love those brown bags. If you routinely eat out, try packing your lunch a few days a week instead. Just think—if your average lunch costs $10, you could save up to $50 a week! That’s $2,600 a year!

Give up the daily latte. When you’re under a time crunch, it can seem easier to stop at the nearest coffee shop drive thru than to take the time to brew a pot of coffee at home. But at $4 a pop, losing those lattes can add up to a lot of money for college!

Leave the convenience foods at the store. Those pre-packaged dinners can be a lifesaver when your family’s hungry and you’re out of time. But that convenience comes at a price. Consider investing a few hours on the weekend to making freezer meals—things that you can freeze and defrost whenever you find yourself pressed for time. You’ll be amazed at how fast the savings stack up!

Is money for college hiding in your bills?

It might sound bizarre, but by taking a good look at your monthly bills, you might be able to find ways to save money for college!

Cut the cable cord. If you’re like most people, you probably spend more than a hundred dollars each month for your cable TV. But there are ways to avoid paying that huge fee. Sign up for a mail order DVD service, or invest in a device that lets you watch Internet-streaming shows right on your TV! You could easily cut your bill in half—if not more! That’s good news for adults going back to school.

Budget your utilities. By signing up for yearly “budget plans,” you can avoid those $300 heating bills or $400 electric bills. Instead, you’ll pay the same (lower) amount all year long. That could add up to hundreds of extra dollars for college!

These are just a few of the ways you can find money for college—without feeling the sting. If you take a good hard look around you, you’ll probably find plenty more!

Image Courtesy of Flickr, Colby Cosh.

Who We Are: Information you can trust. For more than 20 years, My College Guide has provided information to help students find the best college degree and career for them. Get information on finding money for college to get you on the road to the right career for you!

Subscribe to our blog via RSS or email and stay on top of everything college!

Turn in an Eye-Catching, Prize-Winning Scholarship Application

Thursday, November 25th, 2010

Keep your eye on the prize, the college scholarship prize, by using our hints and tips to stay on top of the scholarship application game. My College Guide has been there and done that – and is ready to share some things to keep in mind as you begin hunting for scholarships. Big scholarship prizes are out there.

image

Public Domain Photos / Emilian Robert Vicol

Dot Your “I’s” – On your scholarship application, just as on your college application, everything will get noticed. If it’s sloppy, looks like it’s been scrunched up and left under your bed for a few days, that’s probably not going to make the impression you are hoping for. Use spell checker, have someone else look it over, and make sure that the scholarship application that you turn in looks great!

Down to the Wire – If you just got started on your scholarship application the night before it was due, you should be aware that there will be many students with academic backgrounds closely matching yours that have spent time creating the perfect application. Your effort, or lack thereof, will get you noticed – but most likely not for the right reasons. Plan ahead!

Unicorns and Rainbows – Stuffing your application full of information that can be found in your application is boring to everyone. Also boring are cliché’s and phrases about how wonderful you are. Show the people reading your application who you are and why you deserve the prize. Less sunshine, more substance.

Senior Year – While it seems almost common for students to not even begin the scholarship hunt until their senior year: don’t! The sooner you get started, the better your chances are for finding and winning a college scholarship. If you are a Freshman in high school, hop on to scholarship websites and see what you can find. Senior year will be busy enough as it is – applying early can help take off some of the pressure in figuring out how to pay for college and give you a bit more time to rack up the awards.

Check, Check, and Check – You meet the required GPA. But you don’t meet the required standardized test score range, you don’t have the mandatory community service, or the leadership roles – so move on! Scholarships are competitive. Don’t waste your time applying for something you just don’t fit. There are going to be hundreds or thousands of other applicants who meet the requirements (and then some).

Think Outside the Box – While the internet is a wonderful resource for finding scholarships (you have read our Fastweb, Scholarships.com, and Super College: Scholarship Tips from Pros in the Know article, right?), don’t think that that’s all there is! Take advantage of other college scholarship resources and see what you can find. Who knows? You may stumble onto a scholarship that has few applicants!

image

no-frills marilyn. / marilyn d.

Every Penny Counts – While $100 may seem like a small scholarship and not worth the time and effort to apply, think about all the other students out there who are also thinking that very same thing! Take the time to apply to any and every unusual college scholarship whenever you meet the criteria. Even a small scholarship is that much less money out of your pocket later on. It all adds up!

Get Organized – Consider using a calendar function on your smartphone, laptop or desktop computer, Firefox Browser, or on good old paper! It can be very hard to keep track of which scholarship ends when – and nothing would be more disappointing than spending a lot of time on an essay only to miss the deadline! Write down due dates and cross them off once you send in the scholarship application. It’ll save you heartache later.

What’s your Advantage? — Do you have community service and great extracurricular activities (again, think quality not quantity)? Most scholarships go beyond your SAT scores and GPA – what are you doing right now to make yourself stand out and get noticed? Put your awards and academic recognition to use!

As you can see, there’s no magic way to win scholarships. The key is to apply early, apply often, and only apply for those scholarship prizes that fit your academic background. Ignore the cash amount of the award – it all adds up in the end!

Who We Are: Information you can trust. For 20 years My College Guide has produced an annual magazine chock full of free college info for high-achieving high school sophomores. Check out our participating colleges. If you’re a student, enter for a chance to win an Apple iPad or iPhone or cash!

Where to Find Money for College

Thursday, October 22nd, 2009

Tattooed JJ/J J

Especially in turbulent economic times, it may be more important than ever that you examine all possible resources to fund a college education. Some students may think that scholarships to college are simply handed over to the athletes or the academically advanced, but finding college money can and is a more proactive activity.

U.S. Government

One of the biggest providers of college money is the U.S. Federal Government. These scholarship awards are financial need based, but may only require completing one application to potentially have access to billions of dollars. You can learn more about federal loans and the application process by reading Don’t Overlook the Fastest Route to College Financial Aid.

Local

There are a number of local organizations offering scholarship money for a variety of reasons. Some scholarships require as little as writing an essay, so it’s worth the effort to check out some of the local and community groups that may have money earmarked for college scholarships. Some of the common organizations include Rotary, the American Legion and Boosters clubs.

Other Options

More commonly known scholarships are for academic and athletic achievement, but there are also scholarships based on ethnicity, talent, religion, career paths and clubs. Check with your high school guidance counselor to see what types of scholarships you may be eligible to apply for or be considered to receive.

Wanting to go to college may not be enough to get you there. Receiving an acceptance letter may not be enough either. If you can’t pay for college, then you may not be able to attend. You can take a proactive approach to finding scholarships and money available to fund your college education. With a little time, research and effort on your part, you may receive a full-ride or at least enough money to make up the difference you need.