Sunday, October 25, 2009

Money Money Money

http://www.accumulatingmoney.com/wp-content/uploads/2007/07/collegesavingsplan2.jpg
In high school it's easy to spend money all the time because many students are increasingly more dependent on their parents than students in college turn out to be. One thought before even thinking about what school they would like to attend would be: "Where will I get the money to pay for college? In many cases, students never even considered college due to the fact that they could not afford even half or a quarter of their tuition. One major thing to remember is that no student should not attend college due to their financial problems. Thousands of dollars worth of scholarship money is unclaimed every single year because no one signs up for them. Minority students are very advantaged as well because there are many people in the nation looking to help a student who thinks they will not exceed in college due to their nationality and financial needs. There are also many people who are willing to give money based on the major a student will be going into and want to support them by helping them financially through some of their college tuition. FAFSA (Free Application For Federal Students Aid) is one form that every student should fill out despite any financial or non-financial situation they might be in. It is free money from the government that will help with some college expenses. In college money is definitely a huge stress, but there are a numerous amount of people out in the world who want to help out, so look into it! One word of advice I would give to any student would be: "Never let money tell you where you can go!"

3 comments:

  1. That is a really good point. I have been thinking about this a lot. Universities are so expensive, but you also get a better education. You also get a good experience being on your own. Everyone should apply for as many scholarships as they can because like you said there is so much money unclaimed.

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  2. I think you wrapped up this entry very well. The end really pulled it all together. I think you should help me sign up for some scholarships because I know you have done a lot of that lately and I would greatly appreciate the help. It's a good reminder to all who read that scholarships are out there and to just look.

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  3. I am definitely a fan of scholarships! However, it's important to realize that unless you have all scholarships, any loans you receive will have to be paid back by you. While financial aid is available, it is only to aid you while you are in school. Once you graduate, you will be expected to begin paying back your loan(s). Student loan debt is not forgiven if you file for bankrupcy. Though student loan agencies aren't quite as bad as credit card agencies, eventually the gvmt and/or the loan agencies will garnish your wages so they are paid back. I used to work with student loans. :)

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