By Leslie Feldman
Whether you are a recent high school graduate or someone going back to school to either finish your undergraduate degree or pursue that long dreamed-for MBA, figuring out how to pay for college is always top-of-mind.
Your college education is an investment in your future, but you shouldn’t have to break the bank to pay for it.
In a July 5, 2019 article “How to Pay for College: 6 Ways to Cover Your Costs,” on Collegeavenuestudentloans.com, the author explains that financial needs and restrictions can vary by individual.
The article talks about 7 options for paying for college:
The Free Application for Federal Student Aid, or FAFSA (found online) offers federal loans, grants, work-study benefits and even some merit aid.
Grants, like scholarships, do not have to be paid back and are either private grants from the college or university, state funds, or federal funds.
A work-study program offers part-time employment and is available to undergraduate, graduate, and professional students.
Federal Student Loans
Federal loans, which are issued by the government, are either direct subsidized (based on financial need) or direct unsubsidized loans (not based on financial need).
Private Student Loans
These are provided by banks, credit unions, and private lenders. You can borrow up to 100% of your cost of attendance.
Many companies will help pay for their employees to return to college if they are interested in earning an additional degree or certification. College courses give you new skills that raise your ability to qualify for higher pay and make you a more valuable employee.
While you’re evaluating different colleges and universities, be sure to look at Wilmington University. Wilmington University is committed to keeping education affordable. They’ll tell you all of the costs of earning your degree from the very beginning.
Whether you choose to take courses in person or online, tuition will always be a low, affordable rate.
Tuition at Wilmington University is charged on a per-credit basis, so you only need to pay for the credits you’re actually taking.
Click here for more information on WilmU’s tuition and financial aid.