How to Pay for College
Unfortunate though the reality may be, once your students get their acceptance letters, the excitement may be quickly tempered by the question "But how do I pay for it?"
m大学是最大的费用ajority of people encounter in their lifetime, right up there with purchasing a car or even a house. The average cost of tuition and fees in the US for the 2018–2019 school year was$35,676在私立大学，$9,716for state residents at public colleges and$21,629for out-of-state students at state schools. Ivy League colleges clock in at an average of$54,414。。。that’s more than most students will earn in a year straight out of college, even with a shiny new college degree. Their high school summer job probably isn’t going to cut it.
If that wasn’t pricey enough, going to college costs students more than just the price of tuition. Prospective college students face four years of room and board, textbooks, personal and travel expenses, and well, you name it. College life includes all the costs of living that we pay as adults...but instead of working and getting paid, students are forking out thousands of dollars for the privilege of going to class and doing their homework.
So how can a seventeen-year-old possibly pay for all this? Well, in most cases, they can’t. These days more and more American students are graduating with enormous amounts of student loan debt, often from predatory lenders who saddle students with high interest loans. Consequently, many indebted college grads will be stuck struggling just to keep up with paying off the ever-accumulating interest on those loans, and the actual loan as well. The majority of students take at least 10 years to pay off their college loans. Even former President Obama didn’t pay off his student loans until he reached age 43!
显然，为学院付钱可以成为学生，家人和期货的巨大经济负担，这对于所涉及的每个人来说，这可能会非常压力。学院是很多工作，它花了很多钱。但是，大多数学生觉得大学学位非常值得努力，如果您知道合适的金融黑客和援助机会，您可以帮助您的学生规避最严重的陷阱。
在这篇文章中，我们将在帮助您的学生融资大学学位时，我们将带您通过所有应了解的所有关键领域。
奖学金和补助金
There are thousands upon thousands of scholarships out there – and they pretty much cover every topic that there is to be covered. Jif (you know, the peanut butter company) has a scholarship award for whoever makes “the most creative sandwich” … and it’s25,000美元。二十五万美元！对于一个好的三明治！显然那里有钱。
奖学金与补助金的差异
Unlike student loans, scholarships and grants are both monetary sources awarded to students to pay for college thatdo notneed to be paid back. While奖学金are offered by all kinds of companies and organizations, grants are typically issued by the Federal and/or State government directly to colleges, which in turn share the money with students. The below list includes resources for both scholarships and grants.
Need-Based vs Merit-Based Scholarships
Some scholarships are given to students based onfinancial need而其他人则是基于的学术优点和成就（例如GPA，课外受累）。以下列表包括两者的许多选项。
Scholarships Tied to ACT and SAT Scores
谈到基于优异的奖学金，一些奖学金仔细观察学生行动或SAT分数assessing their applications while others do not. We’ve included a few resources for scholarships directly tied to ACT and SAT scores below.
独特特征的奖学金
There are scholarships out there offered for all kinds of unique characteristics—a student’s gender, nationality, artistic talents, athletic ability, etc. Many of the platforms listed below are organized around different traits and requirements so students can find the best, scholarships for them.
Scholarship Eligibility Requirements
Every scholarship and grant is different so students should仔细阅读资格要求for all grants and loans. Some will require an essay, a resume, a minimum GPA, and so on.
When applying for scholarships, it’s a good idea for your student to find their niche. Many grants are highly specific. Are they an exceptionally tall student living in central Arizona?有奖学金。Are they a Catholic student attending Loyola University in Chicago who has the last name Zolp?有奖学金。Can they communicate with ducks?有奖学金。I literally couldn’t make these up. Direct your students to this奖学金搜索引擎to help them get started.
Once students have exhausted the limits of googling their identities for money, here’s a list of 5 scholarships and grants that any high school or college student can apply to:
- dosomething.org简单的奖学金：On DoSomething.org students can enter to win college scholarships by participating in community service campaigns--some are even as simple as sending a tweet!
- $2,000 No Essay Scholarship:Niche gives away a $2,000 scholarship every month. All students have to do is register for a free account and they are entered to win this scholarship.
- 10,000美元的Unigo奖学金：Answer Unigo’s prompt in 250 words or less. One of their recent topics was “Surprise! You just got elected president. What’s your first tweet?"
- $1,000 Capex Easy Money Scholarship:Cappex provides a $1,000 scholarship every month. Students just need to create a Cappex profile and write about what they do in their free time to be eligible to win.
- $5,000 Liaison’s Data Inspired Future Scholarship:To be considered for this award, students must submit a 30 to 60 second video that discusses, explains or demonstrates an important aspect of data in today's or tomorrow's society, and includes one interesting fact about themselves!
Searching for scholarships can be exhausting, so encouraging students to schedule with their high school or college counselors can give them a leg up on the hunt.
贷款
Many college students need student loans to pay for educational expenses. However, not all loans are the same (or even worth taking).
学生在考虑贷款时考虑的一个极为重要的因素Interest rate。Interest is money paid regularly at a particular rate for the use of money lent. So when it comes to student loans, the interest rate corresponds to a percentage of the student loan that the recipient of the loan will be chargedon top of the loan每年他们都没有支付贷款。
From 2006 to 2019, average federal student loan interest rate was4.81%。The average amount of student loan debt last year for graduates of four-year colleges who took out loans was$ 28,650。So we take 28,650 and multiply it by 0.0481 to get the annual interest: 1,378. That means every year that a student doesn’t pay off their loans, the loans grow by$1,378。然后他们开始产生更多的兴趣！哎呀！
The best kind of loan is obviously a zero interest rate loan, but those don’t exist in the wild--unless the student has a rich relative or other sponsor who is willing to lend them the money. This is not a viable option for most people, but it’s available, we recommend students take it!
外面的“富裕救助者贷款”外部有两种主要类型的学生贷款：联邦和私人。
Federal Loans:
Federal loans are typically more affordable than private loans, and have betterrepayment options(as well asconsolidationand evendebt forgiveness) so students should definitely start with those.
联邦学生贷款有两种口味：补贴和取消补贴。您希望推荐从补贴贷款开始 - 这意味着政府将在学生毕业生之前支付贷款的利息，所以他们没有每年增加1千万美元+增加。还有一种称为本科生贷款的联邦贷款（加贷款），父母可以提出帮助学生涵盖其成本，这也可以补贴或取消补贴。
Unfortunately, there arelimitson how much federal aid someone can borrow a year, or we’d all just be taking out Federal subsidized loans until commencement day.
Private Loans
Private student loans can bridge the gap between what a student needs for school and any federal aid they receive--on top of scholarship and work-study pay (more on work-study in the next section). But students should be extremely careful when taking out this type of loan. Private loans are typically available from banks, credit unions and online lenders. Make sure they know to compare offers from multiple lenders to find the lowest interest rates available.
Depending on the lender, students may be able to choose a fixed or a variable interest rate. A fixed rate stays the same throughout the life of a loan. A variable rate may start out lower than a fixed rate, but could increase or decrease over time depending on economic conditions--don’t be fooled by the low starting number, and only take out the absolute minimum you need to cover expenses.
Work Study
联邦工作研究是一项计划，该计划补贴，该计划为兼职兼职工作的大学生薪酬，通常是在校园内。学生必须提交联邦学生援助（FAFSA）的免费申请，以考虑工作 - 学习（我们将介绍如何在该文件中提交FAFSAnext section).
Participants with demonstrated financial need will qualify for work-study opportunities. Those who file the FAFSA early often have a better chance of qualifying, since many schools may award aid on a first-come, first-served basis. It’s a good idea for students to file the FAFSA regardless of whether they’re interested in doing work-study, since it will connect them with other important financial aid opportunities.
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即使学生有资格参加工作学习，他们仍然必须找到工作（和工作）。如果您的学生被授予工作研究，但并不确定他们是否希望使用它，将它们引导到我们的“Should I Do Work Study” Quiz帮助他们选择最佳路径。
If theyareinterested in taking advantage of their work-study eligibility, and they know which college they’re attending, advise them to check out the college’s website or talk to a counselor about accessing the school’s work-study job database--most on-campus jobs are reserved for students in the work-study program. These roles can include working in the library or a campus office, working the phone bank to call alumni for donations, or helping with campus even setup and break down.
Tips on Reducing Expenses
The best way to cut expenses is to findless expensive things。But what this means is--before you and your students sink a million hours of unpaid labor into hunting down and applying for grants and loans--consider going straight to the source. Is there a world in which taking out $200,000 in loans to attend Rhode Island School of Design for an art degree a good idea? People do it all the time. Should your students at leastknow aboutsome other options? Of course.
As you may have picked up from earlier section of this post, public schools are cheaper than private schools, especially for in-state students.
Many students are quick to dismiss the idea of community college, when they have the grades to qualify for more exclusive institutions--but the average US community college only costs $3,347 a year, and could give your students a great springboard to finish out their degree at a more expensive four-year school.
忘记便宜......一些学院完全免费！以下是所有学生的学校列表：
- Berea College，肯塔基州
- Curtis Institute of Music, Pennsylvania
- The Cooper Union, New York (currently half price, with plans to go free in the next 10 years)
- Deep Springs College, California
- Macaulay Honors College (CUNY), New York
- Webb Institute, New York
And here’s a list of schools that provide free or close-to-free tuition based on family income:
- Brown University, Rhode Island
- Columbia University, New York
- 康奈尔大学, New York
- Duke University， 北卡罗来纳
- Harvard University,Massachusetts
- MIT, Massachusetts
- Princeton, New Jersey
- Stanford, California
- 德克萨斯州A＆M, Texas
- Unc Chapel Hill.， 北卡罗来纳，
- Vanderbilt, Tennessee
- 耶鲁大学, Connecticut
Lastly, have your students considered studying abroad?.png?width=300&name=globe%20(1).png)
- Germany- There are no undergraduate tuition fees at most public universities, even for international students.
- France——美国studen公立大学是开放的ts for €2,770 (~US$3,100) per year for a bachelor’s degree, and the French government has recently tripled the number of scholarships available to international students from 7,000 to 21,000.
- Spain-- International students are able to study for between €750 and €2,100 (~US$845-2,370) per year at public institutions.
- Argentina --public universities in the country are open to international students for a small fee, while private institutions can charge around US$5,000 a year.
- India --国际学生通常将支付每年不高于7,800美元的学费，而印度的生活费用比在美国便宜100倍。
如果您的学生在特定（昂贵的）学校上的心脏设置，请赠款和贷款可以将成本降低到其价格范围内。但如果他们不是100％肯定他们想去大学的地方，为什么不选择更便宜的方面？
Financing College Visits
If your students are worried about the costs of college applicant visits, encourage them to consider researching College fly-in programs.
Fly-ins are visitation programs for underrepresented students, where institutions pay for transportation, room, board, and associated expenses of financially disadvantaged students, allowing them to visit their campuses for two or three days. More than 70 colleges as of this writing offer fly-in programs, though they are typically restricted to students who have been admitted to the school.
