It’s True; You Can Afford Higher Education
Because of the effects of the recession in which we now find ourselves, lots of students believe they can not afford higher education.
Actually, nothing could be further from the truth.
First, virtually all colleges, universities, and professional schools, including those offering online degree programs, are making concerted efforts to be as affordable as possible. Some have voluntarily frozen costs and/or cut budgets. Others have tuition limits imposed by state law.
Because colleges are well aware of the financial difficulties students and their families are experiencing, most have redoubled their efforts to raise money for scholarships. And, for the most part, they have been highly successful.
Uncle Sam is also stepping up to the plate, with increases in loans and grants. For online college students, there is even more good news; they are now eligible for virtually all federal aid programs.
And, there is help from many states as well. Some offer achievement-based and/or financial-need based scholarships. And, some state colleges and universities offer in-state tuition to students from contiguous states and/or high-achieving out-of-staters.
Students and their families should also be aware that it is not uncommon for colleges and universities to offer no-interest tuition installment plans. Not only do these plans allow families to spread their costs into 7-8 payments, but they provide insurance which will cover a student’s tuition for up to four years if his or her parent passes away. And, the installment plan itself costs nothing.
Students should also take advantage of the many free scholarship search sites, and the help available in high school admissions and financial aid offices. There is no reason to give up on attending college, regardless of the health of the economy.
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