If you'd like to go into a college, or even already been a student, but money's a problem. What should you do? Should you spend the money you've saved? However, the foundation of your education is established in the process.
Don't make the mistake of thinking that only rich kids can afford a top college or school. Every one can get proper education, better education. Some colleges offer financial aid to some of their students.
The different types of financial assistance
Scholarships. Many colleges or schools offer money to promising low-income students. You can try to ask the possibility of this. Ask for a list of available scholarships. (Local community organizations and religious groups sometimes offer aid, but the amount is usually minimal.)
Financial aid. This is a "need-based" type of aid - and it doesn't have to be repaid.
Loan programs. This choice helps you borrow money to pay all or part of your tuition. Some colleges loans directly; some are affiliated with outside agencies through which you can apply for a loan. You even can ask your bank for loan information.
Payment plans. According to this option, you pay your tuition to college in monthly installments as you would a mortgage (you may also have to pay a nominal signup fee).
Where to start looking? Start with the college institution themselves. They will be your best source of information on scholarships, student loans, and other types of financial assistance. Many colleges provide their own scholarships and also provide you with a list of outside sources with financial assistance.
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