Thursday, December 30, 2010

Don't apply to college too early

Applying for college early may seem like a good thing. You get in as soon as you can. It sounds good, but in reality there are a few things you should consider. Before you apply to college, it is best to be armed with a little knowledge.

If you are not really qualified for the college of your choice, it really makes no difference when you apply. You most likely will not get in. It is true, however, that if you are just slightly below good qualifications, you may have a better chance by applying early. If you are highly qualified, it really makes no difference when you apply, so long as you meet the deadlines.

If you are looking for financial aid, do not commit early to one college. The more colleges you are accepted to, the better. You can have all your colleges compete with a financial aid package, and you pick the best value for your circumstances.

Some high schoolers are not ready to make decisions early. Do you really know what you want to do as a junior? Your interests may change, especially in your senior year. But don't delay too long. If you know you have a lot of colleges in mind, it can take quite a while to research and apply to all of them. Make the right choice about when to apply.

Remember that when you apply, that's the record you have up to that point. If you are a little bit lacking, this may hurt. You may need a little more time to pump up your GPA, take the right classes, and have more activities and interests on your college resume.

Remember, apply to colleges at the right time!

>>Tuition Free Colleges.

>>Pell Grants.

>> Cold feet? Try heated electric socks!

Friday, December 24, 2010

Things that can hurt your credit

College students need to think about their credit rating. They may need college loans and credit cards. The more you protect your credit, the better. Here are some things that may hurt your credit so beware.

Any old accounts may affect your credit rating. If you have older accounts that you no longer use, consider keeping them open. The longer you have credit and keep it in good standing, the better.

Don't make any late payments. Late payments can severely affect your credit rating. Paying on time is a good sign. Of course this will also save you money on any late fees.

Check your credit report and fix any errors. You have the right to challenge any errors and make statements or corrections.

Don't borrow more than you need. If your income is small, you want small debts. Avoid getting out of school with massive debt. Your debt to income ratio will be detrimental.

Don't max out your credit cards. Having everything maxed out to the limit is another bad sign. Try and avoid going over 50% of your credit limit.

Read more information:
>>College students and credit cards.

>>Tuition free colleges.


>>Pell Grants.

Wednesday, December 15, 2010

Debit Cards: Surprise Charges and Warnings

Many people, as well as college students, use debit cards on a daily basis. They are convenient. They are used like cash. You pay no interest like a credit card. But, many people don't know some things that can go wrong when using a debit card. College students are on a tight budget and can't afford even a few dollars lost. Here are some things to know about debit cards when making common purchases.

If you use a debit card, the money gets taken out of your account immediately. So, if you have a dispute with the merchant, they either need to give you a refund, or file a complaint with the bank. That's the problem. The money is gone from your account until it is resolved. With a credit card, the charge goes away during the dispute. Use your debit card at merchants that have good refund policies.

Many places that take debit cards for goods or services may put a hold on your account that is more than your charges. And take days to get that hold taken off. When you purchase gas, the station will probably immediately put a hold of $50 or more on your card. This is to prevent people from pumping more gas than can be put on their card. But even if you spend $20, it may take a few days for the real charge to appear and the other amount "returned" to you. That leaves you without access to your money for a while. Same is true with hotels. Hotels will put a charge to "hold" you accountable for any extra fees like room service, or even damage. This amount may not be reduced until well after you check out, even at a lower charged hotel bill.

This leads to the subject of overdraft protection. It can be bad or good. Due to new rules passed by congress, you must first approve the bank giving you overdraft protection. If not, then any purchase you make that puts you over your limit will probably be declined. This could leave you without a needed service. However, overdraft protection can work against you. There are huge fees associated with this. If you go over just a few dollars, you could end up being charged $20 for just a $2 over charge. Not worth it. Also remember those holds mentioned above? Those holds could put you over the limit and you will either be declined, or face a large overdraft fee. Example, you get gas and have $20 in your account. The gas station puts a hold of $50, sending you over the limit. You get charged an over the limit fee, but a few days later, the hold is gone. Not so the overdraft charge.

Debit cards are good because you pay no interest. But almost any merchant can and does charge you a small fee. Even a 25 cent charge each time can add up.

If you have a choice, it may be better to use a credit card for some purchases, like hotel, gas, and at merchants who may not be easy on refunds.

Read more tips for college students and credit cards.

Find college scholarships.
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Friday, December 3, 2010

Finding Scholarships

Paying for college can be an expensive and stressful endeavor. College has become more expensive and money may be short. The economy has left many families and individuals left with worrying about paying for everyday items, let alone paying for college. Finding scholarships may be more important today than ever before. But don't pay a large sum of money to people and places that claim to be able to find scholarships. It is not worth it. There are no guarantees.

The best places to look for scholarships are right in front of you.

The high school counseling office will have information on virtually every real scholarship that is available to you, and whether you have a good chance of qualifying. If you are shopping for college money, stop there first! It's free!

Your parents probably have jobs and work for companies that give out scholarships to employees and their children. Get your parents to check this out. Many of these are automatically awarded if you enroll in college. A few dollars does not hurt your college budget bottom line.

The college you enroll in has many in-house scholarships. Ask the financial aid office for details.

Sometimes you do need to do a little research. But researching college scholarships is free. Stop by your local library to see if they have books on the shelf that deal with college scholarship searches.

There is nothing wrong with spending a couple of dollars on scholarship books. They are fairly cheap, and it may help in finding some scholarships you may not know of. But remember, this is a very little cost compared to some paid scholarship searches. Don't fall into a trap of paying out big money for almost nothing. There is nothing a college scholarship search is going to find that you can't find yourself for free. Click here for the best college scholarship books.

The bottom line is never to pay much, if anything, for finding college scholarships.

>>More college scholarship help.

>>Nursing scholarships.

>>Sports scholarships.

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Wednesday, November 24, 2010

Repaying federal student loans: Getting some relief

If you can't make your student loan payment, it will ruin your credit. There is no forgiveness is you default. If you are having trouble, or know you will, it is best to start thinking about getting help now. Don't wait.

If you took out a loan generated by a private bank, you may have some trouble getting help. Private loans are not normally under the same rules as a federally backed student loan. Check to see which ones you have. If you have a private loan, non-federal, contact that bank for your options.

If you do have federal loans, the best place to start is with a call to:
1-800-4-FED-AID
This will get you all the information you need about where to start finding payment relief.

If you start early, help may be easier. That is, ask for help before you get into trouble. More willingness to help normally goes to those who have not missed a payment yet. Private loans may be handed over to collection agencies. Then you have little recourse.

Remember, you are responsible for the loan payments. Don't think it will just go away by ignoring it.

Come up with some sort of student loan payment plan that you can live with. This will give you a starting point if you have to negotiate. Federal loans have various deferment options and payment plans. Some are income based. You will have to make some sort of minimum payment. Some public service can lead to some sort of student loan forgiveness.

If you really need to, ask for a deferment. Deferments can be up to 3 years without payments. But the interest will accrue and you will end up owing more, with a larger payment eventually. Use these wisely. You only get so many when repaying a student loan.

Remember you are responsible for paying the loan. If you cannot make a loan payment, you need to examine your financial health. What are the reasons you cannot make student loan payments? Depending on your circumstances, a deferment is possible. But if you are in a low paying job or in over your head on bills, there is little you can do. Put your priorities in order. Missing student loan payments will affect you for life. They are not forgiven in bankruptcy, and you will not be eligible for many programs. You can get some assistance at http://www.studentloanborrowerassistance.org/.

When getting help with student loan repayment, you need to be reasonable and take responsibility. Never just stop making payments. The federal government has a website for helping you: http://www.ombudsman.ed.gov/

More student loans resources:
* Student loan consolidation.
* Repaying student loan help.

Monday, November 22, 2010

An expensive college can be quite affordable!

Private colleges and universities are generally much more expensive than their public counterparts. But don't let the overall price of attendance scare you off. Many large private institutions have huge endowments. These endowments allow them to award quite a bit of financial aid, especially to those students who are tops in the country. Getting a top student helps the college's ratings.

So, if you are a top student, chances are your overall out of pocket costs can be quite low. The college wants you there. Many colleges will offer you more than others just to have you attend. In fact, you should let colleges compete for you and see who can come up with the best financial aid package.

This means you should and must apply to many schools.

Because of the generous awards from some schools, your overall cost can be lower than a cheaper college. Let's say college A charges $30,000 overall for tuition, room, and board. After the normal financial aid award, lets say that leaves you with about $15,000 left. The college may offer you $10,000 of that in scholarships, grants, and other discounts. Leaving $5,000 left out of pocket. Compare that to college B that costs $15,000. Your financial aid may be $10,000, but the college offers nothing more. That means your out of pocket expenses are again $5,000. This means both colleges will cost you the same. Financial aid is awarded on the total cost of attending college. The more expensive the college, the more aid there is that might be available to you.

Never let the high price of education scare you off.

The bottom line is to apply to many colleges and universities, both public and private. Then compare the different financial aid packages they offer. Decide which one leaves less for you to pay. Many colleges guarantee enough aid for all accepted students.

>>Quick tips to cut college costs.

>>5 jobs college students can get now.

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Wednesday, November 17, 2010

College student's budget busters

There is more to a college budget than books and tuition. In fact, those will be more manageable than the costs of other things that most college students want or need while in college. Many things are not thought of and can bust any college budget.

Here are just a few costs of college that are normally no in your budget.

Outfitting a dorm room. Shelves, bedding, and other accessories to make your dorm comfortable will add hundreds to your costs. Shop wisely and think used.

College Parking fees. This can add up to $50 a month. Leave the car at home if you can help it. Do more things on campus. Like study. Car insurance can be expensive. Read some tips of cheaper car insurance for students.

Students and Electronic gadgets. Cell phones, a new laptop, maybe an ipad or ipod. These are budget killers. Students should make an effort to acquire these items before college, or better still, just go for a laptop. The others you may not need.

College outerwear. From school sweatshirts to college team hoodies. You may feel the need to show some college pride. Choose items that you could wear on a daily basis. Get it to do double duty, not just school sports attendance. Sometimes the college bookstore sells these items for a lot less than brand names.

College students love snacks. Even if you have a meal plan, you will need snacks and food in the dorm. Most students do not know how expensive food is, as their parents supplied it for free. Buy bulk items and put in snack bags to lower the cost. Avoid single pack snacks. They are expensive.

Off campus activities. You will want to get away from campus. Movies and coffee shops for example. These can be college budget busters. Be sure and ask for local student discounts.

>>Click here to read more on the hidden costs of college.

>>Quick tips to lower college costs.

Monday, November 15, 2010

Paying off student loans

College students should start paying off student loans as soon as the time comes. The student loans will have some sort of a grace period. Common is 6 months after graduating. Depending on when you graduate, you should keep track of when your payments will start. Don't get an unexpected notice in the mail about payments that you are not prepared for. Remember, you can actually start paying your loan sooner. And if you quit school, same thing happens 6 months later, whether you have graduated or not. If you plan to be away from college for more than 6 months, expect to have to start making student loan payments.

College students have got to realize that loans are to be taken seriously and repayment is not optional. You must pay it back or your credit suffers. Missing payments will affect your credit for years. Even if you just skip one payment. A missed payment will lower you credit score. Many employers are running credit checks on prospective employees. Do you want to miss out on a good job because of a missed student loan payment?

Most students will graduate with more than one type of student loan-private and federal. The average student can have as much as $30,000 in debt. Many go over that. If you have a private loan, it may come with a variable interest rate. Those should get paid off sooner. If you string it out, it could cost you a bundle in the long run. Federal loans have much lower interest rates that never change. You have to know what outstanding student loans you have. Keep track of them. To make organizing things easier, you may want to do some student loan consolidation.

When starting to repay, you probably will not have much leeway with your private loans. The terms are normally set and there is little you can do about any deferment. Federal loans have more lax rules and repayment plans. You can defer payments for a variety of reasons, but the interest will grown. New rules on federal loans allow income to be taken into account. Low income will get you a much lower payment. And if you have paid for 25 years on time, the rest is forgiven. There are other ways of getting student loans forgiven, like public service. Read more on repaying student loans.

Defaulting should never be an option. If you default, it is never forgiven. It will not be disposed of in bankruptcy either. It will affect your income tax refund and things. Contact the lenders to work out payment plans if you can. Defaulting will drastically affect your credit score. That means when buying things like a car or even a house, you may get denied.

Don't let repaying a student loan ruin your financial picture for most of your life. Make the payments!

>>Cheaper student loans.

>>Student loan MUSTS!

Friday, November 12, 2010

Interest Free Student Loans

Sometimes college students find themselves a little short. Many colleges offer short term loans. You may be interested in a small interest free loan.

The Bill Raskob Foundation offers interest free student loans.

To qualify for these loans, you must be:
Enrolled at an accredited institution.
Be a United States citizen.
Not be a first year student.
Must apply between January 1st through May 15th.

Their loans are made based on need. The minimum to borrow is $1,000, and the average loan given is $2,000. You can reapply each year.

You don't need to start repaying it until 6 months after graduation.

Remember, these are loans are you are responsible for paying it back.

If you only need a little money, an interest free loan may be just the ticket. You won't be borrowing more than you need or can afford to pay back. But the repayment terms may not be as lax as on a federal student loan. Be aware that the federal student loans are also automatic. Getting this interest free loan will take quite an application process. You will need to submit character references and write an essay. But not graduating with a boat load of debt is well worth the effort. Check out the application process here.

>>Cheap student loans

>>Student loan musts!

>>Repaying student loans.

Thursday, November 11, 2010

3 Basic Ways of Getting Financial Aid

College students looking for money are most often concerned with financial aid. Financial aid is what the college you are attending awards you. It is calculated by your and your families financial situation. Once this is looked at, the college will tell you what financial aid they will award you.

To get any financial aid, you must fill out a FAFSA.

Grants
Grants are like gifts. They never have to be repaid. All college students can apply for a Pell Grant awarded by the federal government. The amount you get varies, up to a maximum of over $5,000. This grant is based on need. Many states, Like California, award their own grants as well. Virtually all state grants as well are awarded on financial need. There are other various grants for certain types of degrees and careers you choose. Your financial aid office will know which ones you can get.

Student Loans
All students going to college will be eligible to apply and get a student loan. Your year in college will dictate how much you can borrow. It varies from freshman to graduate student. This is not based on need. If you are enrolled, mostly at least half time, you will get a student loan. All direct student loans are done through the federal government by first doing the paperwork at your college's financial aid office. They will set it up for you. There are also federal PLUS loans for parents. And the money they can borrow is only the amount you need to pay for school, not a penny more. Again, your financial aid office will have all paperwork. There are other private student loans. But you need good credit and the terms are not as good as the federal direct loan program.

Work-Study
Work-study is a program where your college gives you a job on campus to make up for the money you need to pay for college. The federal government normally subsidizes these jobs. But, they are only awarded on financial need. They are not very high paying and you may find a better job outside of the campus. However, they are on campus and are flexible. The earnings do not count toward your finances that the school looks at when getting more financial aid. The work-study program will not allow you to work for them more than 15 hours a week. This is to not interfere with your study time. This does not keep you from getting a job off campus and working more hours.

There you have the three types of financial aid that are awarded. Notice we did not mention scholarships. Scholarships are not financial aid. College scholarships are awarded by many companies and agencies, including your college. You should definitely look into these as well. Scholarships do not have to be paid back either.

>>Click here with free help in finding college scholarships.

>>Be a teacher and find a teaching job.

Wednesday, November 10, 2010

It's never too late to get money for college

Now is the time to start thinking about financial aid and paying for college in the next school year. After the first of the year, be sure and get that FAFSA in. However, if you are one who waits for the last minute, there can be hope. Getting money for college at the last minute is doable.

Look for scholarships that are offered at all times of the year, not just before the term starts. Read Tips for finding college scholarships.

Talk to your financial aid office. If you can't scrape up enough money, they can probably find a way to keep you in school. Sometimes they get money later, or even leave some set aside. The financial aid office should be the first place you look. They even make low cost loans and have payment plans for tuition.

Once you get your financial aid award, you can always ask for more. Many students don't realize this. Your circumstances may change and warrant a little more cash tossed your way. Read Tips for more financial aid.

A sure way of "having" enough money, is to take what you get and make a budget. Learn to save money in college. Make the most of the money you have. Sure it means cutting out extras and fun, but after graduating, you will be free to to these things. Getting through college should be your main priority anyway. Read 30 tips to cut college costs.

It not sound too good, but getting a job while in college is always an option. There are numerous jobs on and off campus. Many businesses can work around your schedule if you are willing. It can be tough to work and attend college, but if all your efforts are put into doing just that, you can make it.

As a last resort, as your relatives. You would be surprised as to how many relatives may contribute to your college fund. Send out a card or letter, making a professional pitch.

Getting money for college can be a daunting task. But a college education is well worth it. Be creative in your ways to get, earn, and save money for college!

>> College survival tips.

Sunday, November 7, 2010

College Student Loans - Don't go for broke!

Federal Student Loans are available to anybody that goes to college and fills out a FAFSA.

But college students need to be aware of the debt level they have when they graduate. It can be a huge load on your finances. Students don't normally think about this. They just like the money in the bank.

Don't make mistakes when it comes to student loans.

Borrow ONLY the amount of money you need to pay for college. This may be substantially less than what is offered. It may seem great to have more money, but college students have a tendency to go through it quick if it's there. You will one day need to pay it back. If you get more money than you need, and you have fun like movies, music, even Spring Break, you will be paying this off for years. You are delaying when you will be on a strong financial footing by getting into unneeded debt.

Watch your major. Will you get a great paying job right out of college and be able to make student loan payments with ease? Or do you know you will get a lower salary before working your way up? Will you always have a lower salary? These questions need to be answered before taking out any loans. It may not be worth it to pay such a large sum of money with a loan for a low paying job.

Don't think student loans first. There are many options of free money for college you need to exhaust before taking out a big loan. There are scholarships and grants like Federal Pell Grants.

Research the repayment terms. All direct student loans are done by the federal government now and there are various good repayment plans. But private student loans are another matter. These will be based on your credit and they are more stringent as far as repaying them. If you can't make the payments, it will effect your credit score.

You should plan on cutting your expense to make college cheaper. You don't have to live like you have a never ending supply of money. You need to live like a broke college student. Watch how you spend your money. Visit our Ways of Saving Money in College page. You don't want to be making payments for years on past trips to the movies!

>> 5 jobs college students can get now.

>> College students and credit cards.

>> Repaying Student loans.

Wednesday, October 6, 2010

Community Colleges are a great way to save on College Degree

Getting a college degree is more expensive than ever. If you are willing to do a few things different, you can get a four year degree cheaper than you expect.

Community colleges are a great way to go. In most cases, you can do the first two years of any degree, then transfer. The cost of a community college class can be from hundreds to thousands of dollars less. If you are already at a 4-year university, check to see what community college can satisfy some of your general education credits.

Community colleges also offer many certificate and associate degree programs that could lead to a high paying job. From nursing to automotive mechanic. The choices are almost endless. After just 2 years, you can have a degree and a good job.

Many community colleges have agreements with their local 4 year universities. If you graduate from the community college, you get a guaranteed admission. Of course some restrictions may apply. But the cost savings is significant.

For California residents, The Student Transfer Achievement Reform Act was just signed into law. This law will allow any student who completes 60 semester units at any California community college to get admission to a Cal-State university.

The way this new law will work, is that community colleges will create new associate degree programs that parallel the first 2 years of a comparable degree at the Cal-State schools. The student will then be able to do just 60 units more for the degree. This law goes into effect in 2011. Students will not be guaranteed admission to the college of their choice and may need to relocate.

The beauty of a 2 year college, is that most give admission to all adults over 18. No tests.

Don't overlook a junior college. Many 2 year colleges are at the top of their game and have some prestige. If saving money in college is your concern, this is a great way to go!

>>Federal Pell Grants Explained.

>>Get a Nursing Scholarship.

Sunday, September 19, 2010

Job Fair Success: What college students need to know

Job fairs are very common, especially targeted for college students and grads. Here are some job fair tips for college grads and anyone attending one.

You have to know what companies are going to be there. Look at the flyers, ads, and websites of the job fair to learn all the details you can. Pick just a handful of companies to go after. You will waste time by going to all of them. You need to plan what you will say and do to sell yourself to the person manning the booth.

Highlight your positives and accomplishments. Tweak these for the companies you are looking at. You need to sell yourself withing seconds. A great first impression will go a long way. Be concise and to the point. Don't ramble.

Dress for success is a cliche, but well worth remembering. Dress like a day at the office, not a day at the beach. You can never overdress. Don't wear anything crazy, thinking you will make a statement. You will only embarrass yourself and have your resume trashed.

Make sure you know all about the companies you meet. Know how you can help them. How you can be an asset to them. Know the companies purpose, mission, products, and objectives. Show them how you can enhance these targets.

Remember, you are selling yourself. Be sure and have good, clear copies of your resume. Don't be too cute with your resume. A person reading it should readily find out all needed information about you. Not pretty pictures, icons, or silly things. You are trying to get a job. Strive not to just make a long lasting impression, but a positive one as well.

One thing many job fair attendees forget, is to collect information on the company as well. Fliers, business cards, and other literature will allow you to follow up with and inquiry or at least a thank you. Using snail mail for a short note might make a better impression and not get lost in a ton of emails. The follow up can be very important.

>>Job interview tips.

>>Find a job after graduating college.

Thursday, September 16, 2010

Some more ways to cut college costs

College students are mostly young people. Young people love cell phones. The problem is cost. With text and internet, the cost has gone up. College students also need to realize that they will spend a lot of time studying. Or should. Cell phones become less of an issue. Get a very cheap plan if you must have a cell phone.

You don't really need a car in college. Students either live in the dorm or very close by. The cost of a car, including parking fees, gas, and insurance can be hundreds of dollars a month. There is not a lot of good reasons for a college student to have a car. Learn ways to get cheaper car insurance for college students.

You can now stay on your parent's health insurance until you are 26. But even for some families, having a college student on their plan is expensive. Check with your college and see what cheap health care they might provide on campus.

A great way for college students to actually get more money, is to work on campus. Many jobs are available. From dorm advisers, to food service. Check out the jobs on campus. it takes a lot of people to run a college campus!

>>Get a sports scholarship.

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>>College students and credit cards.
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Sunday, September 12, 2010

College degrees that have the most job opportunities

Think the job market for college grads and others is shrinking? It depends on what your training is. If you are going back to school or just starting, here are some college choices to get the most job offers.

Engineering is still hot. In fact, the highest paid college graduates are in the engineering field. Not all engineering grads are the most wanted. Chemical and green energy are biggies. Engineers geared for the future and not the past will remain in high demand. Computer engineering is great.

Computer science degrees are hot. Very hot. Go for information technology, systems analysts and software engineers. You can't go wrong with most anything in the computer science field, including security and databases. Related to computers comes video games.

Video game programmers and creators are a tremendous market. Get degrees or training in animation, game development, even film. Film, games, and computers are rapidly morphing into one big related field.

One career that is recession-free, is the medical field. Colleges will need to keep turning out doctors, nurses, and those in the paramedical field. If you go to college for the medical field, you will have plenty of jobs to choose from.
>>Medical school scholarships and loans.
>>Nursing school scholarships.

If you choose the right career and degree, college graduates can have employers waiting at their doors!

Thursday, September 2, 2010

Getting Merit Scholarships

Almost every college and university offers some type of a merit scholarship or aid. This is in addition to your regular financial aid and is given on the basis of merit, or your education achievement such as GPA. There are few things to consider if you wish to be on the receiving end of a merit award.

Many colleges have raised their merit awards. Before you accept anything, look into the college and see what types of merit awards they offer. One website, http://www.meritaid.com/ helps you in this search.

If you can, find out what the student body looks like as far as scholarly applicants. This information should be available from the financial aid office or other department. It will show the details of students who attend there, like GPA, honors, AP, SAT, and other types of scholarly accomplishments. Do a run down as to how you stack up to the average student there. You want to be in the top 20-25% to ensure a good chance at a merit scholarship.

Find out details on the merit award like how many years you can get it. A lot of colleges make keeping your award each year harder. That is, they make the GPA high. Realize that college classes get harder, not easier. If money is an object, you may find yourself taking easier classes to qualify, but wasting time on classes that are not for your major. Bottom line is, study, study, study.

Sometimes colleges that are more expensive can be cheaper for you. That is, the cost of attendance is high, but the college awards financial aid in all forms to lessen the amount of out of pocket you pay. Thus, an expensive school that can get you 80% of the cost, may be cheaper for you than a cheaper college that gets you only 60%. Be sure and read: >Financial aid secrets and College money secrets for more information on getting more money.

>>Get more financial aid!

Friday, August 27, 2010

Two quick ways to make a college degree cheaper

When it comes to paying for college, the end result is always a college degree. When you put the overall cost into perspective, the dollars can add up. Here are five ways to make a college degree cheaper almost instantly.

1)Take courses at a local junior college. These are almost always city or state JC's. The cost of tuition is very, very small when compared to a four year college. Some students can take the first two complete years there, then transfer, saving them two years of strained college finances. You still get the same student loans and grants. So why not sock that cash away, then be fully funded for the next two years? The perks can also include a local university partnership. Many offer guaranteed admission if a student graduates from a local junior college. If a complete two year program is not for you, there is nothing wrong with taking one or two classes each term there. The cost saving can be significant. Just be sure the classes you take count towards a four year degree and are transferable.

2)Challenge classes with a test. Many colleges and universities allow you to take a test in lieu of taking the class. The few bucks for the test is pennies compared to the tuition and books for a college class. This will make your degree cheaper and quicker! Normally just freshmen or low level classes are testable. But any fewer classes you must take is money in your pocket.

Military service might actually get you college credit for your experience and military technical and trade schools.

The bottom line is that college tuition is going up. The more quick and easy ways you can cut expenses for a degree, the better!

More college money help:
>>College students and credit cards.
>>The hidden cost of college.

Sunday, August 15, 2010

Private Student Loans

Since all direct government back and supported student loans are done directly through the government, there are some lending institutions that may offer you a private student loan. But you need to have caution when getting one of these.

You may be tempted because you feel the need to have as much up front cash as possible. But you can be snookered into a student loan that you don't need and will just waste. This instantly increases your debt load when graduating. In short, talk to you financial aid officer for better ways of supplementing your cash. They will be more than willing to listen to you and help. They are your first line of defense.

Don't be fooled by thinking a private loan is somehow back or directed the government. It's not. As stated, all federal loans are from the government now. Don't be taken in by misleading print that may make it seem like the private loan is just a normal student loan.

Private loans will most likely cost you more and have more stringent pay back terms. Because of college students getting into more debt than they needed, the Obama administration made it part of the stimulus bill to get rid of all federal loans made through private firms. All student loans made through private firms are now private loans that are tied directly to those lending institutions. Don't be fooled.

The economic times have made a lot of private firms stop giving student loans. But there are still plenty out there. But this has made them more expensive and harder to get.

Before you sign on the dotted line for a private loan, remember the terms are not generous. They will have a much higher interest rate than federal loans. You also may have to pay some of that interest while in college. You will not get the same forbearance terms and deferments. You WILL have to pay the loan back. No programs to forgive these loans. So, if you think you will have a hard time paying off loans, then a private loan will be twice as bad.

The one upside is that normally there is only a limit to the cost of your education. That means that they will factor in all costs, subtract what other aid you get, then loan you the full amount to pay for your education. Not bad on the surface. But it also can get you in over your head quickly.

You won't be able to consolidate your private loans with federal ones.

If you are looking at a private loan, chances are you will need a cosigner, like a parent. Since you need a top credit score, only someone with a credit history can get them. This leaves many students out without a cosigner. Start searching for one now if a private student loan looks good.

The interest rate you get will be high compared to direct student loans. It may even be variable. It could start low, then go high, leaving you with a staggering payment with no chance of delaying payment or reworking terms.

If you do go for a private loan, shop for the best interest rate.

Make sure you read anything and everything about the loan. It may be a good idea to have a parent to read them with you. You should be educated on all terms and potential problems.

The bottom line is this. Private student loans fill a need. But if you are truly needy, your financial aid office can help you more than you think! Make sure you do not borrow more than the cost of education. Do not have a fun with student loan funds.

>>Financial Aid Secrets.
>>Tips for more Financial Aid.

Monday, August 9, 2010

Back to college savings tips

Don't purchase new school items if what you have on hand is still good. This goes for everything from pencils, backpacks, to clothes. If your clothes are not worn out, remember in college students can have their own identities and don't always need the latest fashions. This is a great tip for saving money for college right of the bat.

If you must shop, shop online. If you browse the stores in person, you will be enticed by all the fancy displays and new items. College students readily give in to buying urges. Shopping online allows you to get exactly what you need.

This is a no-brainer: Buy used textbooks. Of course this means shopping early at the college bookstore or online. You should get enrolled and a book list as soon as possible. More ways to save on college textbooks.

As a college student, you have to set a budget. And stick with it. You want to limit your purchases and save money, not live on the edge. Money you save is cash in your pocket for the future!

If you live in the college dorm, wait to see what your roommate has. No reason to buy items for a dorm room when your roommate might already have them. If you need something else, ask them to share the cost for items that the dorm room needs. This is ideal for TVs, lamps, chairs, rugs, etc.

As far as school items like pens, pencils, and paper, it is always wise to stock up early when the prices are cheap. College students should buy items in bulk packages. Don't buy one pencil, buy a pack of ten. Similar for paper and pens. You will use them, so why not stock up and save?

Look for sales. Every store has sales at the start of the school year. This can happen early, and may not run later. Savvy college students always shop during sales.

Get your student discount! If you have a college ID, many stores offer discounts for students. Take advantage of them!

>>30 college money savings tips.

Tuesday, August 3, 2010

Ways to cut college costs

Going to college is expensive. Here are just a few more tips on cutting the cost of going to college.

Get good grades. Most colleges offer some type of merit award for good grades. If you maintain the required GPA, make sure you apply.

And keep getting those good grades! Not only does if give you a little more money, it also keeps you from repeating a class. One of the easiest ways to cut the overall cost of college is to graduate on time or early. Take as many classes as you can.

If you are a top notch student and colleges want you, you will get a better financial aid package. More money goes to the top students. So, if you are way down on the list, you will not get much. If money is tight, go to a school where you get in early.

Want to immediately cut the cost of college? Live at home. You probably live near a four year college or university that is within easy driving or commuting distance. Dorms cost thousands of dollars a year. Your parents will be paying no more than what they are now for you to room and board.

However, some private colleges and universities offer better financial aid packages than public. If they want you, they will offer more. It may actually be less out of pocket expenses to go to a private college that is a long distance away.

>>How to find college scholarships.

>>Tips for more financial aid.

Sunday, August 1, 2010

Medical School Admission may be Changing

Students for years that have wanted to get into medical school have labored over math and science. Striving for straight A's. Hoping medical schools will like their science ability. Toss in the MCAT test (medical school admission test) and the prospective med school student has a lot on their mind.

But that may be changing.

One of the most prestigious medical schools in the country, Mount Sinai medical school , is purposely holding 35 slots to their med school for some non-science majors like humanities or social science. You also need at least a 3.5 GPA. According to statistics put on by the medical school, both types of students had the same rate of success.

Mount Sinai medical school looks at your high school grades, SAT test, and essays. You apply during your sophomore year to their med school.

Will other medical schools follow suit? Perhaps.

You may ask yourself why are medical schools even thinking about non-science majors? The reason is about what it takes to be the kind of doctor a medical school wants to graduate or admit. Do they want a science based student who can dish out facts about chemicals and biology, or do they want a student who has more human personal skills and may be more caring.

If you were thinking about medical school, but dreaded all the science, you may now be in luck. You may no longer be excluded on the basis of your college major or your MCAT score. But you still will need some college level chemistry and biology.

Realize that the way some services rate medical schools are based partly on MCAT scores, don't look for that to go away completely. Some schools even think the MCAT test is the best indicator as to how well a student performs.

If more and more studies show that non science majors do just as well in med school, and go on to be more caring and personal in their medical careers, who knows? Maybe medical school will be more open to all types of students.

>>Medical school scholarships and loans.

>>Nursing school scholarships.

Friday, July 30, 2010

New law gives college students a break on textbooks

The Higher Education Opportunity Act is a new law that takes affect and will make shopping for textbooks a little different for college students.

This new law forces colleges to give students a list of required books earlier. When a student registers for a class, the book list must be posted.

Because of this, students will have the list early. They can shop around for the best price. College bookstores should also stock them early and make the store available for those wishing to try and get used books. Remember, that college textbooks are normally much lower from outside sources beyond the college bookstore.

Maybe colleges will take a look at the costs of textbooks and begin to lower prices. If not, they may lose a lot of business. College students now know of the many places online to get deals on books.

Many schools would not publish the list until just before school started. This forced many students to purchase them at the bookstore because they needed them right away. With early notification, there is much more time to shop around and find deals.

Many online textbook sellers and renters are upping there textbook service. Amazon and Borders to name two have ramped up textbook offerings. They also allow buy-backs.

Most college students do not want to keep their textbooks. But college bookstores charge a high price and give a low price on a buy-back. Many students now can choose to rent books early or get deals on used ones.

There are some things to consider, however, about shopping around for textbooks. You are not dealing with a live person, nor have the chance to actually see the textbook and hold it. Your college bookstore will always have the correct edition. The book will be brand new and have all study materials that go with it. College bookstores will also have a set return policy that is faster and easier.

Buying a textbook online may not give you a great return policy or guarantee that it is the right one.

>>More tips on buying college textbooks.

>>Be a teacher and get a teaching job.

Monday, July 26, 2010

Why you may not have gotten the job

College students are entering a very tight job market. Going through the application and interview processes can be very trying in today's economy. More and more people are applying for the same few jobs. By knowing why you did not get a job may actually help you the next time your apply. College students who are looking for jobs would be wise to read the next few hints on job rejection and learn from it.

You have got to go into a job interview with no reservations or hang ups. You must be willing to accept the job with no strings attached. Don't make demands. Don't have conditions of employment. For example, you don't want to work Saturdays. If you come into an interview and say that, you have one strike against you. Employers want workers to be willing and able to do the job. If you like a room with a view, don't say you need a desk by a window. These are just a couple of examples. What did you demand at your last interview? Demand may be a strong word, but that's what it sounds like to a prospective employer. If you want the job, take it. With time and hard work, you can ease into better working conditions. Don't think you are special and need extra things that others don't get. College students today are more likely to ask for things like that. They have grown up in a society that has made it seem that other people must respect your wishes and concerns. The real world is not like that. Especially in the job market. If you want to work at the job your are applying for, fine. If you have a list of things to want, keep them secret. The real world requires you to work on birthdays, weekends, at home, and more.

Don't apply for a job that you are over qualified for. Let's rephrase that. Don't appear to be over qualified. If you know you are, downplay some aspects of your training and education. Act like you are perfectly qualified for the job at hand. Not over qualified. Employers have hard times hiring over qualified people. They think they will cause problems by doing jobs they feel are beneath them.

You are not trying to make friends or find buddies. You are trying to appear professional. Look professional. Act professional. Talk professional.

Okay, those are three reasons why you did not get the job if you violated any of those. However, remember that it is a tight job market, especially for college graduates. Sometimes you just have to realize there are other intangible reasons for not getting the job. Someone interviews better. Someone knew someone. You may never know. Not much you can do. Each interview and application process breeds experience. You can only do better next time.

>>Job interview tips.

>>Finding a job after graduating.

Friday, July 23, 2010

Tips for online job search

College graduates will have a tougher time finding jobs this year, and maybe next. For many college students, using the internet is second nature and a natural for job hunting. But things are changing online and you need to be aware of some things.

Make sure that you have a thoroughly complete and up to date resume to post. And use it. Don't try and make stuff up on the fly. Trying to post a different type of resume for each site is not cost effective. You need one super resume and profile. And don't spread yourself all over the place. There are really only 3 social networks you need to worry about. Twitter, Facebook, and LinkedIn. That's it. The vast majority of human resources will use only these.

You need to advertise the fact that you are looking for a job. Be sure and put this first and foremost in your profile, along with facts about you, what you want, and what you can offer. You WANT people to find you and offer you a job!

The people you add as friends or connections for your job search should be only related to job hunting and fact finding. Creating a profile especially for your business side is a must. Network with others who are looking for jobs and help each other. Don't send out mass notices to any and all job recruiters. Pick a handful that you can add a personal message to, not just a canned response.

College students probably have profiles for friends and fun all over the place. IF you do, and it can be found under your name, be sure and watch what you post. The things you do with friends for fun and games may not be conducive to landing a good job. Watch your language, music, friends, and posts.

Forget searching through thousands of help wanted ads online. That's what everyone else is doing. The chances of you finding a job that was exposed to millions of other people is slim to none. You should network. Look for people who are in the know or a position to offer jobs. Some of the best jobs are not even offered any more online. Find people online to network with. Look for ways to contact people that do the hiring.

>>Find a job after graduating.

>>Job interview tips.

>>Be a teacher and find a teaching job.

Wednesday, July 21, 2010

Going back to school is a good option in a bad economy

Many people are out of work, laid off, furloughed, or just working part time. The economy does not seem to be getting better soon. Did you know that going back to college is a good idea and investment?

Adults who have Bachelors degrees already should think about graduate school. You can borrow up to about $20,000 to pay for grad school. There are other loans available as well. >>Graduate school admission and financial aid.

Graduate school can help you get more marketable skills and experience to secure a higher paying job. That's a given. But one more thing it can do during a bad economy, is put of a job search until times are better.

You have a win-win situation. You don't have to look for a job, and you are getting more skills for when you do!

Teaching is almost recession-proof. Yes, there are teacher layoffs all over, but there are still plenty of jobs for the right teacher. Math and science teachers are always high in demand. Chances are less to be laid off if you teach one of these subjects. Special Education is another high demand teacher. Normally, there are more jobs for these teachers than there are teachers. Again, this makes for less chances of being laid off. Because of the budget cuts, they are increasing class size in K-3. That means, those grades will have fewer jobs, more chance to be laid off. >>How to be a teacher and get a teaching job.

The bigger the state and district, the more need there is for teachers.

Don't think you have time for school? Going to school online is a great time saver. Also, online classes are usually cheaper. >>Information on online college degrees.

Monday, July 19, 2010

Tips for law school students and passing the LSAT test

Law schools across the country have raised their tuition rates. And, this year over 22,000 legal profession jobs have been lost. But still the demand to get into law school remains high. Prospective students probably are lured by the high paying and high profile profession. 13% more students are taking the LSAT.

With law school costing upwards of $50,000 a year and beyond, the cost is not on par with the career that may follow. Even the top law schools in the country are having trouble placing graduates. The jobs are just not there.

Law students are more likely to want loans for a high profile school, but then end up with a lot of debt and shrinking law profession job prospects. The lawyer dream is still quite high.

Many schools also believe that the cost of law school is not a bad trade off if one gets a lucrative law career. So, the cost of law school is not going to decrease any time soon.

If you are thinking of law school, research the school. Find out what kind of relationship they have with law firms. Chances are better to get a good job if your school has a personal and active relationship with law firms. Law firms have cut back on their summer programs. This really means that your school of choice is paramount when building a relationship.

All is not bad news. 2012 is predicted by experts to have a slight increase in demand for law school graduates.

Here are some quick tips on taking and passing the LSAT:

Study over a long time. Don't cram. You must study during all times that you can. Spread it out and stay sharp. Get practice tests and see how they are worded. But don't just read and guess. Do some critical thinking. Analyze. Toss a lot of logic in there. Take some college classes in logic, philosophy, critical thinking, etc. Because this test is geared for your personal thinking skills, you should probably not practice with a friend. Your friend is going to think differently than you and may want to change you. You will need to sharpen your own thinking and logic skills. Not adapt to someone elses. Do some puzzles and games that require thinking and logic. When taking the test, answer all questions. All questions count so leave none blank. The easiest questions should be encountered first, then get progressively harder. So, do all questions in order to be certain of getting the "easiest" part answered correctly.

>>Click here for law school admission and scholarships.

>>How to be a teacher and get a teaching job.

Thursday, July 8, 2010

Tips for adults going back to college

With people losing jobs that may never come back, many adults are rethinking their careers. Either changing completely, or moving to another facet of your current job, going back to school may be the only way. Even if you are no in danger of losing your job, you should getting other skills that make you more marketable and employable. Become a more valuable asset to your company and you will have more job security.

Here are some tips for adults who are returning to school.

You have to remember the time factor. Some adult college or training programs can take a couple of years. Can you handle this? If not, look for a certificate program or other options that may be shorter.

Do you really need to go back to school at this time? Many people are in panic mode. If you have not been laid off, furloughed, or fired, you need to assess the current situation you are in with your employer and boss.

If you don't have a college degree, and most others around you do, then it may be prudent to get one.

Make a short list of reasons and goals you want to achieve by going back to school. Zero in on the one that will be right for you at this time.

Be sure you know how to pay for going back to college. There are more expenses than just college. You still will have your daily living expenses. Talk it over with your spouse and family. Sacrifices will need to be made by all.

As far as paying for your schooling, your employer may offer a tuition reimbursement program. Government student loans are automatic if you are taking the right number of courses and fill out the forms. But, it may not be enough to cover all expense. Other loans are available, but will need to be paid back. Remember that.

Your options for college should be local or online. You probably cannot travel a long way or move. Make sure the local colleges offer exactly what you want and need.

You don't need to worry about fitting in as an older student. Most night schools are filled with adults passed the normal college age.

Many colleges have programs specifically for working adults.

Most colleges will not require an adult who goes back to school to meet the admission requirements of a kid right out of high school. Again, ask for any programs geared for adults.

Many adults are going back to school. This has caused colleges to think about offering more classes and programs for adults. This is actually one of the best times that it has ever been to go back to school. But it must be the right choice for you.

>>Find and buy cheap textbooks.

>>College money tips, financial aid, student loans, grants, and scholarships.

>>How to be a teacher and get a teaching job.

>>Job interview tips.

Don't go back to school just for the sake of going back to school.

Wednesday, July 7, 2010

The hidden costs of college can make college very expensive

When college students think college expenses, they usually think tuition. Then maybe room and board. And they think that's it. Unfortunately, many students get whacked with fees and expenses that they did not think about. Or even know about. When calculating the true cost of college, you have got to factor in the "hidden" costs of college.

Textbooks: Of all the expenses of college, this one can jump up and bit you. Hard. If you take a full time schedule, math, science classes, chances are very good that you will pay over $100 for a textbook. Four classes it is not uncommon to spend $300 each term on textbooks. Maybe more. That alone could add $600-$1000 a year to the cost of college.

Fees: Many colleges charge a fee for all sorts of things. Health, student activities, lab fees, and materials fees. These are only a few. While some are known up front, you may not realize that lab class has an extra cost.

Transportation: Do you own a car and will be using it at college? You will need to pay for a parking pass. This could be as high as $40 a month. And you still have to pay for car insurance. Do you live off campus? How much is bus fare?

Food and drinks: You may think that you have a meal plan and that solves the food problem. Not really. Many times the cafeteria will be closed, or you will find yourself off campus and hungry. Purchasing extra food and drinks can add up fast. How many times do you think you will be eating fast food off campus? Or even on campus? If your meal plan is on a prepaid card, you need to watch how much you use it. If there is one expense you can't eliminate, it's food and drink.

The Dorm: You may think the dorm is done. But a dorm room is a sterile environment until you customize it. You will probably need a lot of personal items, like towels, sheets, pillows, and accessories to make it livable. Not to mention personal items like soap, shampoo, deodorant, make up, and more.

Remember, if you have never lived on your own, you have no idea how expensive it can be to maintain your lifestyle. So before heading off to college in the fall, factor in the hidden costs of college.

>>Best College Scholarship Books.
>>Tips for more financial aid.
>>How to find scholarships.

Thursday, July 1, 2010

Student Loan Consolidation

A college degree is worth getting. You can earn a lot more in relation to non-degreed workers. But paying for college has gotten very expensive. Most students will need to take out loans. Many will have more than one type to make it through college. If you have graduated, have more than one loan, you can get help in repaying them. Consolidation is a great way to make your student loans more manageable.

Do you have a few student loans and are scurrying to make payments? Is each month of bill paying driving you nuts with all the student loan payments you make? You can consolidate your loans and get a cheaper payment.

If you have more than one direct student loan from the government, you can get better payment terms, a low fixed interest rate, and even extend the period you have to repay it.

There is no minimum to consolidate. You can get lower monthly payments. There are numerous payment options available. Any forbearance or deferments are still in place and available. You won't be charged a penalty to repay early. Consolidation of your federal education loans is free! If you signup for autopay each month, you can even get a lower interest rate. One payment a month makes it very easy to manage. What are you waiting for? It's very easy to apply online. Start here.
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>How to be a Teacher and Find a Teaching Job

>Credit Cards and College Students

>Tuition Free Colleges

Wednesday, June 30, 2010

New College Grants and Changes

The cost of college is going up, but at least grants are getting better. And, many colleges and universities are offering more scholarship and grant money of their own.

Federal Pell Grants are going up by $200. They are now at $5,550 for the maximum. Also, the Federal Government is letting more students qualify for Pell Grants. It used to be that your Expected Family Contribution had to be $4,617 or lower to qualify. Now, it can be higher and still get at least some type of grant. Read more on Pell Grants here.

There is something new for children of military members who dies in Iraq and Afghanistan. The federal government is now offering something called Iraq and Afghanistan Service Grants. This grant is for $5,500 and can be obtained by any student in college that had a parent die while serving in Iraq or Afghanistan.

The government is also giving out more Academic Competitiveness Grants. These are for college students who first qualify for Pell Grants, but also have good grades. These are from $750-$1,300 for freshmen and sophomores.

Are you majoring in math or science? Or even a well-demanded foreign language? Again, if you qualify for a Pell Grant, a junior or senior, and have at least a B average, you can qualify for a SMART grant of $4,000.

Yes, the cost of college has gone up, but the free money in the way of grants has increased as well.

>Military Scholarships

>Financial Aid Secrets

>Student Loan Consolidation

Sunday, June 27, 2010

College Students and Hidden Money Source

Many college students find financing a college education to be quite hard. They don't like taking out so many loans and getting into debt. Grants and scholarships can help, and certainly you should get all you can. Even contacting your financial aid officer if there is a chance to get more. You have to ask!

Did you know that many college students have a hidden money source? Friends and family! Before you spend a lot of time, and maybe money, looking for false hopes on more money, you should tap into a resource that may get you quite a lot of money for college.

Get some nice cards or letters made up and send them to your friends and relatives who have a personal relationship with you. Explain that you are asking for donations towards your college education. It does not need to be much. Even $5-$25 helps. It can add up quite quickly if you are successful. For a little cost of stamps, paper, and envelopes, you may net at least a few dollars for the little things in college that add up.

Most of the time, your relatives will be most willing to help you. If you sold fundraising items as a child, then you probably know how much they helped. If you have relatives in town or close by, you can even offer something as a thank you. A car wash, babysitting, etc.

Nowadays everything is done online. So, instead of sending cards or letters, you can just send some emails. Did you know you can also ask strangers to help with your college fund? There is a website, http://www.sponsormydegree.com. This site allows you to set up a personal account and ask people to visit and donate online. The money will go directly to you, minus the fees that they charge. This site makes it easy for your friends, relatives, even complete strangers to give to your education! You have the ability to write a good promo page and self yourself.

Remember, your relatives love and support you already. Most will be glad to help out now for your college education.

Wednesday, June 16, 2010

College Students and Credit

College students need to watch their credit and debts. It is coming quite common for a college graduate to be thousands of dollars in debt. That alone is not a bad thing. But, what kind of job are you going to get? High paying, mid-level, or low paying? Some careers start off slow, then the earnings increase. A college degree is still valuable, but beware of the pitfalls of a lot of student loan debt. Use credit cards as a last resort for college bills. Here are some tips to keep your credit good.

You should first find out what your credit score is and understand what the number means. Your credit score is based on your credit accounts, including loans of all kinds, and payment history. Once you get a credit report, you should look it over carefully and see if there are errors. You have the right to have written comments included in the report to explain anything you wish. This will not give you better credit, but, if a live person looks at your report, they will take into account what you wrote.

If you have a credit card balance, pay more than the minimum payment due. Even if it is just a couple of dollars. This will help you pay the debt a little faster. Trying to pay a debt faster is a good sign of credit worthiness.

Before you get into trouble making payments, get help. The first place to contact is the lending institution. There are many ways they have at helping you pay your debt, even working out different terms. If you wait until you are behind, the help will not be there. Protect your credit rating by not getting in trouble.

Stop using credit cards. Okay, that sounds simple. But many people look at a credit card as free money. It's not. You are better off using a debit card and keeping track of your money and spending. Not spending more than you have. Budget yourself with a plan. Credit cards should be a last resort for a major purchase that you absolutely need now, but don't have money.

Have only a couple of major credit cards and don't get or use gas station or department stores cards. They will entice you with all sorts of offers, but there is a danger that you will max them out quickly. And add to your debt level. Again, use a debit card or cash.

>>Read more tips for college students and credit cards.

>How to be a Teacher and Find a Teaching Job

>>College Money Savings tips.

Wednesday, May 19, 2010

After high school, is a college degree needed?

Graduating high school and going off to college is on the minds of millions of students as graduation nears. A good many will start college and not finish. Some will get a bachelor's degree, and not use it. The question is, do you really need a bachelor's degree to get a good paying job?

Getting a college degree is expensive. Most students will graduate with a load of student debt. Not a good way to start off life. You need to think hard if your college degree will pay off. Just having a college degree does not mean a high paying job.

Consider these facts.

Half of the students starting college will not finish in 6 years or less. That means lot's of debt, no degree.

The majority of jobs that are growing do not require a college degree, or at not a bachelor's degree.

Accounting is a growing field that does indeed need a bachelor's degree. So does the job of a college professor. If that's not for you, think of the following.

Registered nursing is growing fast. You can become a registered nurse with a bachelor's degree, or even a 2 year degree. You could also go a step down to a licensed vocational nurse.

If even that's a lot of schooling for you, home health aides are also growing. Not much schooling is needed.

The service sector also is growing. Like department and other retail clerks. No college whatsoever. And you can go up the ladder.

Public schools do not really like to push vocational programs. For some reason, they push college. The fact is, most students will not finish college or need it. Schools need to do a better job of encouraging vocational trades.

If you go to college for 4 years, whether you graduate or not, you have spent a small fortune. If this does not get you anywhere, you now are 4 years older and out of the job loop.

If you choose to start college and are in a degree program where jobs are low paying and or scarce, you need to rethink your future plans.

Keep in mind that deciding to not go to college is against the current grain. It will be up to you to convince people that it is a wise choice. Do your research.

>>College Financial Aid Guide

>>Be a teacher and get a teaching job

>>Power Generators

Wednesday, May 12, 2010

Student Loans: Must be repaid, can hurt your credit.

When you get a student loan, you are agreeing to pay it back. Many of you have student loans with private banks and lending institutions. If you fail to make payments, you will have your credit score hurt.

You have little chance of ever making a student loan go away by ignoring payments. Bankruptcy normally does not cancel it. There is no time limit for collecting this debt. Chances are good this debt, if it remains unpaid, will follow you all your life.

However, there are some things you can do to remain credit worthy and maintain good standing on your student loan.

You can negotiate your total owed as well as payments. If you can pay a decent sum in one payment, you may have a better chance.

If your loan goes to a collection agency, you have the right to get them to stop contacting you. Write a letter that says cease all collection activity. What this will do is stop harrassing phone calls, but they can still go on with debt collecting by going to court.

Try and negotiate lower payments and make a good faith effort to pay. If you pay for about a year, chances are your credit will improve. This is a good tip to save your credit as well. If you have made all payments and are current, you may have a better chance of getting a lower payment, thus saving your credit.

There are new income based guidelines that may lower your payments depending on your income.

Always remember that a student loan is a debt. If you have trouble making the payments, you probably have money troubles. Make working on your finances a top priority.

Do some student loan consolidation.


Get help before you default!

Call 1-800-4-FED-AID if you feel you need help in getting help with repaying a loan.

You should also visit http://www.ombudsman.ed.gov/ for help with student loan collection agencies.

>>College Money Help.

>>Find College Scholarships.

>>Protect your home in a disaster with a backup power generator.

Sunday, May 2, 2010

Still short on college money? Try these tips.

There are many deadlines that scholarships, grants, and even your college have. No way around those. But there are still ways of getting money for college even if you are late or missed a deadline.

You can fill out the FAFSA at anytime after January and through the coming school year. And even if you miss out on other money, you can still borrow almost $6,000 from the federal student loan program.

The job market is tight, but earning money for college is always an option. Check around. As a college student, don't worry too much about the kind of work, just that it's work and earning you a paycheck. You've got all summer to earn come college cash. 5 jobs college students can get now.

You should think about cutting your expenses--now and when you get to college. Not spending money is money saved for college. 30 tips to save money in college.

Contact the financial aid office at your college. Tell them you are late, but could really use some help. Sometimes they have funds kept in reserve or get new money. It will not hurt to ask. They may even have a student loan program of their own for emergency cases. Remember, it is in their best interest to keep you in their college. Can't pay your full tuition now? Many colleges will let you make monthly payments.

Have you taken a look at what your financial aid award is? Are you unhappy with it? Do you have other circumstances that cut into your financial position? You can ask the financial aid office to allow you to appeal. College Financial Aid Secrets.

There's no shame in asking your family for more money. If they are worried that you'll spend it, see if the college will set up an account or put the money towards your future expense. This is great if you have a birthday coming up! If you are graduating high school, put all money aside!

If you indeed realize you are late and are struggling, you now know what it will take for you to not go through this same ordeal next year! Start the college year off with no money worries.

Tuesday, April 27, 2010

Student Loans: How to reduce your payments

A college degree can mean a good income in the future. But if you pay a lot of that out to student loan payments, what was the point. If you are in college, you really need to cut your borrowing down and take out just the minimum amount of student loans to graduate.

Don't overspend in college. You will have the rest of your life to live like a rich person. In college, live like you are poor. What kind of career will you have after college? If you are not going into a particular high paying career, you need to limit your loan payments and protect your credit. 30 ways to cut college expenses.

Before graduating, look into the various student loan forgiveness programs now implemented by the government. If you work in certain areas, some of your loan can be forgiven. It may pay off to take a lower paying job if you can get thousands of dollars in student loans forgiven.

Start looking at student loan consolidation. You probably will have different student loans from different sources. Consolidating them can save you money in interest and payments.

Choose a college that tries to get its students as little loans as possible. Apply to more than one and see what they offer. If you qualify, get in on the grants and work study. Tuition Free Colleges.

This holds true even if you are studying to be in a high paying career like a doctor or lawyer. While in school, you should be living like a student, not a doctor or lawyer.

Student loans look easy and tempting. It looks like free money because college students don't pay until the future. But your future is what you need to protect, especially your financial future. Many former students are finding that student loan payments are a burden to their lifestyle. Live like a poor college student now. Enjoy your future income on things you enjoy, not student loan payments.

>>Repaying Student Loans.

Wednesday, April 21, 2010

Students Loans are now all Federal

Because the Student Loan Overhaul bill was attached to the health care bill, and it passed, student loans have changed.

They are no longer being offered through private banks. Only the federal government is now issuing student loans. One reason for the move, was to avoid paying banks to administer loans and collect fees. In theory, it should make the student loan process easier and quicker.

There are some good things about making student loans federal only. You get a fixed percentage and never need to have the interest rate raised.

You are allowed to defer making payments if you are attending school at least half time. Remember that interest may still accrue.

If you get a low paying job after graduation, you can get a lower payment. It cannot be more than 15 percent of your income. This is certainly a better deal than you could get with a private loan company.

Your student loan is insured for free. If for some reason like death or disability, your debt is canceled.

After you start paying on your student loan, there are various forgiveness programs. If you work in a public service job, some of your loan will be forgiven after a certain number of years worked. Also, if you make on time payments on your student loan, you can get the rest wiped out after 25 years.

If you pay your loan off early, you never have to worry about a penalty.

Even though it may seem that your options on student loans are now fewer, there are some bright spots about a federal only student loan program.

>>30 ways to save money in college.

>>Financial aid secrets.

Sunday, April 18, 2010

College Intern Crackdown

The Obama administration and the Labor Department are thinking about cracking down on unpaid internships that many college students do during the summer.

College internships have been a long standing practice. Especially unpaid ones. The student gets valuable experience, and the employer gets free help. And that free, unpaid status is what is wrong.

According to the Labor Department, most of the unpaid college internships are illegal. But because of tradition, they have gotten away with it.

What makes the unpaid internships illegal? Because in order for an internship to qualify for unpaid status, it must be a complete educational experience, preferably college credit. Not just a free worker for a company. But that's what most are. Free, unpaid work that the company benefits from.

There has to be a benefit to the intern. Many internships end with no promise or even prospect of a job offer. Not a few internships are just busy work like making copies, running errands, or other things that could be done by a regular employee.

In other words, the intern is really working in the place of a regular employee, not in the spirit of what an internship should be.

Many college students have benefited, however, by being able to put these internships on their resume.

The Labor Department is considering forcing these companies to pay. But many small businesses cannot afford to pay and probably would just cancel their intern programs.

But should big companies be allowed to get free employees?

This would also make every student the same, or at least better the competition. Right now, only college students who can afford to work for free are doing these unpaid internships.

The law is already on the books. It's just a matter of whether to start enforcing it or not.

These rules do not apply to non-profit organizations and the federal government.

If you are a college student who was looking forward to doing an internship, you may have to look harder for one.

>College Money, Financial Aid, Student Loans, Consolidation, Scholarships.

>Financial Aid Secrets

>College Students Car Insurance Discounts.

Thursday, April 15, 2010

College Admission Waiting Lists

Colleges and universities are making more waiting lists for prospective students than ever before. Normally your prime choice college that does not have room puts you on a waiting list. You are neither in nor out. Sometimes those lists can have thousands of students. What are you chances of actually getting in?

What is the reason for a waiting list? The economy has hit colleges. They send out acceptance letters, but because of finances, they do not really know how many students will actually attend. They have to guess. Thus, the waiting list for those not in on the first wave of admissions.

Another contributor to the waiting lists is the students themselves. Because of financial aid packages being different at all colleges, many students are sending applications in to many schools. That way, they are thinking they will get in somewhere. This has led to schools having more admissions submitted than normal. So the waiting list gets bigger.

It won't get better any time soon. Maybe in 2 or 3 months, the schools will whittle down the list and send out right rejection letters.

College waiting lists are not really done by students rankings or wait time. The admission office looks at all the students on a waiting list. Then looks at what the freshmen class looks like with the present students that have said yes. it tries to fill in holes. In other words, if there is a shortage of art students in the class, they may scout the wait list for prospective art majors. Like wise for other majors.

Some colleges are considering cutting the wait list by a good many names. They need to be realistic and let the students off the hook. They may pare the lists by up to 50%, but where does that leave the others still on the list? It leaves them hanging in college admission limbo.

There is a danger for schools as well. They may wait too long and lose valuable students. They may cut a particular student, then realize they need more of that type of student.

Prospective college students have got to act as soon as possible. If you are on a waiting list on one, but have received other for sure offers, you need to seriously consider taking one of those. If you wait too long, you could be shut out and settle for a college way down on your list.

In the end, for most majors, it does not really matter where you graduate.

There is always the possibility of transferring, but for schools in the upper tier, that is not always possible.

Best bet in this economy is to take the best offer from the best college that comes up with the best package for you.

In real estate, you try and buy the cheapest house in the best neighborhood. Likewise for college.

>College Money, Financial Aid, Student Loans, Consolidation, Scholarships.

>How to be a Teacher and Find a Teaching Job

>College Financial Aid

Wednesday, April 14, 2010

Are you going on a college tour?

One of the favorite things of potential college students is to make a visit to the campus and take the tour. If you do that, you need to be aware that the college will put on its best side. They will not really show you what college life is like unless you ask. If you are on a campus tour, have fun, but make it a working vacation. Ask hard questions.

All students today need laptops. Internet access is a must for most college classes and doing research online is very streamlined. You should find out what areas of the campus have wi-fi. If you can only get it in a certain areas or buildings, you need to know that. Wi-fi in the dorms, or at least internet wired access in the dorms is a must.

Check out what crimes have been committed on or near campus in the last year. Do you notice the college police? Do they even have a college police? Does the college have safety programs like escorting you to the dorm late at night? Get to know how safe the campus is.

Food can make or break your college experience. Students run on their stomachs. What is the food like? Is there a large selection of different types of food? Do they have your favorites? Are their food choices all over campus, or are they all located near the commons or dining hall? You should also do some sampling of many foods on campus.

Dorms are wear you may be spending a lot of your time. Sleeping and studying. Are they comfortable? Can you envision yourself living for 9 months in the dorms they offer? Ask some of the current students what they think of the dorms.

Does the tour take you to classrooms and classes in progress? If class size is a concern, try and find out the average class size.

Find some current freshman on campus and drill them on what it was like starting college there and how they handled moving away from home. They will be able to tip you off on how the college helps freshmen succeed and be comfortable in college.

Normally a current student leads the campus tour. If yours is led by one, ask them questions. Even though they are trying to sell the school, they will be as honest as they can. Ask them what their experience is at the college.

Whew! That's a lot of questions and concerns! You may have thought that a college campus tout was just to have fun and be treated. It is. But in between the fun, you need to get some solid information about the school so you can make the best decision.

>College Money, Financial Aid, Student Loans, Consolidation, Scholarships.

>Hidden Costs of College.

>5 Jobs College Students can get Now.

Sunday, April 11, 2010

Americorps, is it right for you?

Americorps is a program that could help put you through college. You may have heard a few things about it. Is it right for?

What is Americorps?
Americorps consists of people doing all types of community service in exchange for a benefit. The community services could consist of tutoring, helping to build, cleaning the environment, disaster relief, and various of other kinds of service.

What are the benefits?
Not only are you contributing to a better world, you will also be paid. Each month you will receive a stipend. It will not make you wealthy, but it will help pay your bills. At the end of a year, you will receive an education grant that is equal to a Pell Grant, currently $5,350.00. That means you get that much toward your college costs. There are numerous colleges and universities that match the grant. That means if you attend on of those, your college money doubles. In some cases, your housing is also paid for while serving.

You also can get a benefit of paying part of a student loan that you may already have.

One of the best benefits is not monetary. It is the valuable skill and experience you will receive. This will look good on your resume and college applications.

There are three types of Americorps programs. Each one is slightly different.

Now is Americorps right for you?
Not everyone is cut out to do community service. It will be hard, but rewarding work. Can you work in adverse conditions and with people? Can you move to a different area and be comfortable? You must be at least 17 years old and a United States citizen.

Americorps will also delay your schooling by up to a year. If you want to be on the fast track, you need to consider this.

In this economy, delaying school may not be a bad idea if you can work and earn money for college at the same time. Americorps is both a job and a college money plan. It does not get much better than that, unless you join the military.

For those young people who are undecided about what to do with their lives, Americorps can provide a nice bridge to the future.

Find out more about Americorps.

>>Financial Aid Secrets.

>>How to be a Teacher and Find a Teaching Job