Loans are a necessity for most students. Many parents tried to save, but have fallen short due to rising tuition prices and costs of living.
But, before you sign up for a student loan, don’t be afraid to ask questions. Here is what you need to know and understand before you take out a student loan:
Don’t hesitate to ask questions and shop around for the best student loan offer for you. Talk with the financial advisors on campus to help you explore all of your options.
In Kentucky, students are fortunate to be given KEES money. This annual scholarship can be used at any Kentucky college and is based on your ACT score and high school grades.
Also, talk with your guidance counselor about local scholarships and those your university is offering. Check with them to find legitimate online scholarship databases to help you widen your search.
Earn good grades, work, volunteer and participate in extracurricular activities. Most scholarship programs want to choose a well-rounded, motivated individual who will not only study, but will strive to impact the world around them. Help them see that you are a good investment to make.
Most universities offer a work-study program for students that fit within a certain financial bracket. This is where you work as payment for your schooling. Work-study doesn’t usually pay for everything, but it could be a major help with tuition costs.
Some programs even allow you to work in a position related to your field of study!
When you think of college, working part time is probably not on your list of goals, but for most students it’s what’s needed. Even those who have a scholarship still want to be able to pay for food, entertainment and travel.
Apply for part-time campus jobs or begin searching in your university’s town for open positions. Don’t forget to let others know that you’re searching for a position. Let your favorite professors and your adviser know you’re looking. Consider passing your resume onto them so if they hear of anything, they can immediately pass your information along.
Paying for your higher education can seem daunting, but don’t let it discourage you from pursuing your dream career.
Learn, grow and chip away at some of your student debt while you’re still in school.