Ahh College, my very costly investment, glad to see you’re doing well! It’s no secret, college is expensive and figuring out how to come up with the money to finance your degree can be a hard! Fortunately for you, you’re the proactive person who came to the right place! If you are looking for creative ways to finance the cost of college then you’re not the only one. Read on to learn 6 creative ways to finance your college education.
Start a Work Study Program
Most colleges in America offer students a work study program. When filling out your FAFSA (Free Application for Federal Student Aid) form be sure to mark down that you are interested in student work. This program offers students on-campus jobs so they can work while studying to earn their degree and make extra cash. For a cash-strapped college student, work doesn’t seem so bad!
Apply for Scholarships
You should view applying to scholarships as a full time job, because every scholarship that you are awarded translates into less money out of pocket. Can you say savings? To make the process easier, I recommend applying to scholarships that ask similar questions so you can make one generic response then add custom details as needed. However, please know that it’s best to respond to the scholarship questions as thoroughly as possible. Whatever you do, apply to as many scholarships as you possibly can, you’ll thank yourself later in life for this hard work. Or you can get a loan to pay for education.
Learn to Cook
The best way to save money while in college is to avoid expensive dinners out at restaurants. Instead, you want to get back into the kitchen and begin to cook your own meals. Here are the benefits to cooking your own meals: it’s cheaper than buying a meal plan, you can eat healthier options, you can make what you want to eat, and you are building a useful skill that can last you a lifetime. That being said, learn to cook, it’s good for you.
Take a Break from School
Although this might sound like you are derailing your plans, you taking some time away from school to work and save money will actually help you when it comes time to get your degree. If you can take a year off of school and work until you built up your savings, you should have enough money to afford a decent lifestyle in college. This requires budgeting and hard work but it will make you cash.
Become a Resident Advisor
Resident advisors (RA) typically have it made on campus. Not only do they get to meet and take care of students (which looks fantastic on a resume) but most colleges offer RAs free room and board. What does this mean? It means becoming an RA can save you THOUSANDS of dollars. If you are a responsible person that doesn’t mind helping people, consider becoming an RA.