Paying for college

March 25, 1:05 PMAmerican University ExaminerShannon Griffin

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Since we’re in the middle of a financial crisis, more and more students are wondering how they’re going to pay for college.  This isn’t a new problem but one that has been haunting us for years.  Of course, if you want to go to college there are always options.  For instance, there are local and state schools that are much cheaper than private schools.

However, if you don’t want to go to a state school, there are still options for you.  You can pick a school that gives away a generous amount of aid.  A school notorious for this is Rice, in Texas.  Rice was given a 4.6 million dollar endowment.  So, for many years students didn’t have to pay to attend the school.  And now, there is free tuition for anyone whose parents make $80,000 or less in a year.

Most schools don’t have a system such as Rice’s.  So, it is up to students to apply for federal loans and scholarships.  It’s easy to get a federal loan, however it probably won’t get you all the way through school.  That’s where scholarships come into play.

The school you’re applying to might not have any scholarships outside of the academic area.  Though, they will, more than likely, accept any outside scholarships that you have been awarded.  There are many scholarships that you can find online.  Such websites include: Scholarships.com, Student Scholarships, and College Board.  You can also talk to an advisor in your community center at home.  They probably know of scholarships for only your city or part of the country that you can apply for. 

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