“The secret of getting ahead is getting started.” – Mark Twain, Author
Throughout the summer college students and/or their parents have contacted me to inquire about last-minute ways to cover tuition costs in order to avoid loans. There are many ways to accomplish this goal, but it may require some drastic changes such as enrolling in a less expensive institution or eliminating extra expenses. One of the best tasks is to continuously apply for scholarships and seek funding opportunities.
I have worked with several students who began their academic journey with loans but with diligence and perseverance have said, “Goodbye” to their promissory notes and earned other forms of non-interest funding. As a new fall semester approaches, I encourage students and their families to continue to search and apply for funds. Various scholarships with winter deadlines and scholarship announcements for the 2018-2019 academic year are posted. After returning to campus, students should inquire about funding resources with their professors, advisors, and through involvement in co-curricular activities. Now, is a Prime Time!
In addition to applying for scholarships, college students can take advantage of opportunities to decrease their expenses for future semesters. Becoming a resident assistant is a great way to eliminate dormitory fees. Some institutions offer stipends in addition to free housing. Also, if you are an out-of-state student, applying for in-state residency can cut tuition in half. While entering college with loans may not be ideal, there are many paths one can take to graduate debt-free, but you must get started!
Wishing you a great start!