The cost of studying can be a worrisome issue during your school or college days. The money spent on your education is considered as an investment that pays you back, but it definitely can be a costly investment for many students in the USA. The cost here includes not only that of studies, but those associated with boarding, transportation and general living expenses. Not many can concentrate fully on their studies by ignoring these costs. Students with excellent & exceptional academic records, of course can opt for scholarships & awards. For others there are many ways to tackle this problem.
The first step here would be to search for all those institutions that can offer you the best education but at a lower cost. Next step is planning for all possible ways to save your money. For example plan your studies in advance like how fast can you complete your 4 year degree course. Remember by saving a year, you are saving thousands of dollars. You can achieve this by taking more courses per semester or attending summer classes or even by attending community colleges. Similarly by living outside the campus with any relative or friend can also save you a lot.
After saving money, it’s time to plan about earning more dollars while you study. Search for methods to earn inside the campus itself, for example one of the most proven way is to work in the dining hall of your campus and earn your dollars as well as free meals.
If nothing is working apply for financial aid from the government. Free Application for Federal Student Aid, also known as FAFSA helps cover study expenses such as tuition fees, room and boarding expenses, book cost and transportation. This aid is available in the form of grant schemes, loan or the work-study model. Grants include many like the Federal Pell Grants, Academic Competitiveness Grant, National SMART Grant; TEACH Grant, Federal Supplemental Educational Opportunity Grants etc. Loans include Federal Stafford Loans, Federal PLUS Loans and Federal Perkins Loans. Federal Work-Study option allows students to work and earn simultaneously.
The above listed methods will help you with your money matters while at study but the best way by which you can save your money is by putting in a very good academic performance during your initial years at college. Who knows you may get lucky and get partial tuition waivers from your own college.