Considering returning to school but are unsure if you can afford it?
If you want to go back to school but don’t think you can afford it, you might be interested to learn that you might qualify for college grants worth up to $6,895 to help you finish your degree. Continuing your education can be beneficial in several ways. A degree can prepare you to enter a specialized field of work, enable you to apply for higher-paying jobs, or facilitate the development of your chosen career path.
Back to school: Is it worth it?
There are a lot of benefits to getting a degree. Research from the US Department of Labor shows you can make $26,104 more yearly with a Bachelor’s degree. You and your family can benefit from the difference in salary as it starts to add up quickly.
Consider an online degree; is it worth it?
High tuition costs or other competing priorities keep you from completing your degree? Look into online colleges, degrees, and courses. You can get the same degrees, courses, and schools, plus more flexibility, and any financial aid you get can be applied. Plus, you can start anytime throughout the year and plan your schedule around work, school, or other things.
College Grants: Where to Find Them
Many Americans may be eligible for these college grants, which can pay up to $6,895. You can use college grant money for educational expenses such as books, tuition, housing, and child care. Unlike loans, these government education grants are not repaid and are given according to your qualifications. Many people use these grants to enroll in online courses and degree programs, which are more flexible and can fit around work, family, and other responsibilities.
Although many people qualify for these grants, few take advantage of them. Why? Because they are unaware of their existence. If your annual income is below $80,000 and you haven’t finished a bachelor’s or professional degree yet, there is a chance you could qualify this year. This will enable you to get back on the road to finishing your college education. If you’re interested in returning to school and unsure where or what to study, use this free online tool to see what is available.
If you meet certain qualifications, you may be eligible to apply for college financial aid. Once you read the grant qualifications, you’ll be able to tell whether or not you qualify for a college grant. Getting financial aid, however, requires you to fill out the FAFSA (at the Federal Student Aid website) and be accepted to a school. You’ll find out how much money you’re eligible for once you’re accepted.
Qualifications for grants include but are not limited to your financial situation, how much it costs, how many hours you’re studying full-time versus part-time, how long you’re planning to commit to school etc.