Tuition and various other costs at universities and colleges have continued to rise over the last few years. Can you imagine how much money you are going to spend on a decent college education 10 years from now, or even 20? Considering this increase and the current state of the economy, trying to figure out how to handle the increase can be overwhelming and frustrating.
Based on information from CBS Interactive Smart Planet, as many as 15 percent of students aren’t saving anything toward their college education, while 37 percent are saving less than what they did previously. As the costs continue to rise, less people are able to save money at the rates they once did. If you are concerned about what you can do to pay for your college education, there are options from which you can choose.
1. 529 Savings Plans
These plans are offered in every state to encourage saving for the long-term to cover the cost of education at a university. Two different forms of the plan are available: college savings plans and pre-paid tuition plans.
Under the pre-paid plan, you are able to purchase credits now that are applied to tuition for the future, which allows you to lock in current rates, rather than being forced to pay a higher amount later. Savings accounts allow you to invest your money. Totals can fluctuate just like that of a regular investment, so you want to bear that in mind when making a decision.
2. Working Multiple Jobs
To help defray the cost of attending college, many students are forced into working more than one job. A number of students will try to find work on campus, or as close to it as possible. The goal is to earn money, while still being able to attend classes and have time to complete projects and coursework.
It can become overwhelming and burdensome for those who are trying to handle it all at once, especially when trying to secure the first job and not knowing how to approach the job interview to begin with.
3. Grants and Scholarships
Many people often overlook just how important scholarships and grants really are. Consider the fact that this is free money that you never have to worry about paying back upon graduation. Plenty of different opportunities are out there for you, but you have to take the time and apply to the various organizations to be considered for the award.
College Student of America Scholarship – This student scholarship provides the recipient with $1,000 of free money that can be used to fund the necessary expenses to achieving your career goals. Defray some of the cost in student loans by using this scholarship to help you along the way.
To find information on building your resume, exceling during a job interview and how to land the job of your dreams and filling out job applications, you can head over to EJobApplications.com and find everything you need in one convenient location. As a premier resource, you will have access to the information needed any time of the day or night. Find out when and where to apply to some of the hottest jobs in the country by touring through EJobApplications.com today.
Author Bio –