Strategies to Afford College: A Guide for College Students
College tuition can be daunting, but with the right combination of strategies, it is possible for college students to afford their education. In this Money Saving Monday edition, 12News explores the best ways to cut down on college costs.
Before diving into signing any agreements, it’s crucial to calculate the total expenses one may incur during their college journey. Expert advice can guide students on where to begin their financial planning.
Hayley Finetti, a college graduate, shares her success story of graduating in three years with a Bachelor’s degree in political science and minors in international studies and psychology. She emphasizes the importance of financial aid and scholarships in helping her save money throughout her college experience.
Finetti’s key advice includes applying for the Free Application for Federal Student Aid (FAFSA) every year to maximize financial assistance opportunities. Additionally, she emphasizes the significance of applying for scholarships consistently, starting as early as high school senior year.
As the daughter of Jennifer Finetti, Director of Outreach and Advocacy for ScholarshipOwl, Hayley benefitted from valuable tips on saving for college. Jennifer advises students to choose academic institutions that are not only academically suitable but also financially feasible for their families.
Other strategies highlighted include working part-time during the school year, submitting FAFSA applications, and prioritizing scholarship applications year-round. Jennifer stresses the importance of thorough planning and effort in the college application process, ensuring that students can afford college without resorting to loans.
By following these expert tips and putting in the necessary effort, college students can significantly reduce their financial burden and make their education more accessible. With a proactive approach and dedication to scholarship applications, students like Hayley Finetti can achieve their academic goals with minimal financial stress.
If you have any Money Saving Monday ideas or topics you’d like us to cover, feel free to reach out to us at money@12news.com.
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