Tips For Students On How To Pay For College

Through the years we have seen a number of things students can do to lower their out of pocket cost for their education. First students should always walk into the financial aid office the first day they are on campus and ask if there are any “in house” scholarships they can apply for. Many times there are and students are not aware that they exist.

Other tips include: pursue outside scholarships keeping in mind that they should never pay for a scholarship service. Set up a 529 plan. Whenever possible purchase used textbooks and sell them when they are finished with them. Utilize work study on campus whenever possible. Keep credit card debt at a minimum and always pay it down on time. Choose the right meal plan. Set up a student checking account. Most of them are free. Keep organized regarding their spending habits. Get the right cell phone plan. Utilize alternative transportation. Consider being a resident advisor. Many colleges will offer free or reduce room and board.

If possible, retain a trained expert in the financial aid process. These people can save families thousands of dollars in their 4 year education. Contact us if you would like to learn more.

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