There is a trick to financing your education. That is though student scholarships and education grants. Scholarships will take care of all school related expenses such as tuition fees and allowances. Student scholarships are based on merits. There is a scholarship for those with high intelligence, those who possess a particular skill, those who have a specific interest, those who play a particular sport and those who pursue an identified field of study. Whichever category you belong, there will always be student scholarships that is fitting for you. To get the best education grant, find the most relevant student scholarship based on your background.
No to Loans
Getting loans is a way to finance your education. Student loans have helped so many people get to college. But there is a downside to availing of loans to pay for college education. Relying on loans to finance your education can sometimes do more harm than good. For example, a graduate student who once availed of loan to pay for college cost will not enjoy his income from work because he will have to repay his debt. A high paying salary might prove insufficient to keep up with paying a debt that has ballooned due to high interests. Paying back student loans can mean years of getting only half or less of your salary every month. That can be devastating especially when your money just really pays for the interests and not the actual capital originally loaned. The financial burden with having to pay loans and just thinking about your financial obligations can be stressful. It can strip you of your happiness. Thus, loans shouldn’t be your priority but must always come as a last resort to you.
Yes to Education Grants and Scholarships
The availability of education grants to help anyone pay for college education is an answer to the problem of student loans. With student scholarships, the need to get a loan is diminished. Student scholarships are provided free with no obligation to be repaid back once the student graduates. Thus, a student who graduates through the support of an education grant will graduate freely without any financial burden to carry for years ahead. The student graduate is likely to get a good job, enjoy his salary, and will have more fulfilment as a working professional. He will reap the fruits of his labor in full.
Scholarship Points Program
If you hate the tedious process of filling out application forms for a scholarship, then the points programs is for you. For legal residents of the United States of America or Puerto Rico, who are at least 13 years old and who plans to enrol in a college or university in the US, you can avail of the Scholarship Points program. This one helps students win scholarships without submitting paper applications or writing essays. This works through a scholarship drawings! Not merit based this time. Just pure luck!