Ways to Reduce College Costs

While student dept has become a new big socio -economic problem in the U.S., passing $1.2 trillion, the education costs (tuition, fees, housing, etc) continue to rise. In this situation, College hopefuls have only tow options on their tables: 1) forgetting about post-college career goals and getting busy with some basic low-income jobs; 2) finding ways to reduce college costs. Bellow are some ways to lower college expenses.

  1. There are about a dozen schools in America that are tuition free institutions, such as the Curtis Institute of Music in Philadelphia that covers all tuition costs for each admitted student. Barclay College, a four-year Bible college, provides a full tuition scholarship to every accepted student who enrolls at its Haviland, Kansas campus. America’s service academies—the Air Force, Coast Guard, Military and Naval academies.
  2. Many U.S. colleges, especially private schools, provide tuition discounts in order to attract the applicants that they want most. The discount comes in the form of free money to cover tuition, such as grants, scholarships or other merit aid that doesn’t have to be repaid. According to the latest Tuition Discounting Survey from the National Association of College and University Business Officers,  89% of freshmen entering private colleges received an institutional grant or scholarship and those tuition discounts covered 5.3% of tuition and fees.
  3. In some countries, such as Germany, France and Norway tuition is free for all college students, including Americans . That’s why study abroad is on the rise; with about 46,000 U.S. students are enrolled in full-degree programs outside the country, according to data from the Institute of International Education’s Project Atlas. Since tuition around the globe is either free or low-cost compared to the U.S., students often find that they still spend less for a degree overseas, even after factoring in housing, travel and other college costs.
  4. To tackle high tuition expenses, many students start off at an affordable two-year college, earn an associate’s degree, and then transfer to a four-year university where they earn their bachelor’s degree. If you use this “two-step” college option, you too can drastically cut your higher education expenses since tuition at community colleges is a fraction of what you’ll pay at four-year schools.
  5. Some students choose accelerate learning programs and aim to finish their undergraduate studies in just three years, instead of four. If you can earn a degree in only three years, it’s a major cost saver on tuition and other expenses as well. Ball State University has a program called Degree in Three. The University of North Carolina at Greensboro has an initiative called UNCGin3, which offers priority registration to highly motivated freshman, transfer and returning students who want to complete their degrees in three years. Hartwick College in New York likewise has a three-year degree program, and Manchester University in Indiana has a program called Fast Forward that gets students out of college in three years.
  6. One of the most obvious ways to reduce your tuition costs is to go to an in-state school, where tuition and fees are much lower than what you’d pay at an out-of-state college. On average, in-state residents are charged one-third to one-half of the tuition that non-residents are charged for tuition.
  7. There are seven federally recognized “work colleges” in America where students can earn while they learn. Work colleges mandate that in exchange for free or reduced tuition, students must engage in labor activity, usually between 10 and 15 hours of work per week. The seven work colleges in the U.S. are: Alice Lloyd College in Pippa Passes, KY; Berea College in Berea, KY; Blackburn College in Carlinville, IL; College of the Ozarks in Point Lookout, MO; Ecclesia College in Springdale, Arkansas, Sterling College in Craftsbury Common, VT; and Warren Wilson College in Swannanoa, NC.
  8. Depending on your college major and intended career path, you may be able to work in an area that has a shortage of needed professionals and work specialists. These areas are known as “high need fields” and colleges will often pay you to study and work in these areas because they know you’ll ultimately be helping society at large. For example, the University of Portland has a special nursing initiative called the Providence Scholars Program, under which the school will pay most of your tuition for two years if you agree to work in certain areas after you graduate from college.

More info at http://collegescholarships.org