Friday, May 8, 2009

Pay Tuition

Many careers require you first complete a two-year or four-year degree from a college or university before you can begin working in that field, which can be expensive. There are several avenues available to help pay for your college tuition. Before committing to a student loan or any other type of monetary aid, contact your school's financial aid department for assistance and counseling.


Instructions


1. Make payments directly to your school. If you have money saved or are working while attending school, you can make payments directly to your college or university. Most colleges accept payment by cash, credit or personal check. Each individual college has their own payment deadlines. Contact your school for specific dates and payment guidelines.


2. Apply for a scholarship. Each individual scholarship has specific requirements that must be met before an applicant is awarded any money. Most scholarships require you to write an essay as to why you need money for school. If you are awarded a scholarship, payments will be made either to you or directly to your college. There are many books on the market whose subject is devoted solely to college scholarships.


3. Apply for a Federal Pell Grant by submitting the Free Application for Federal Student Aid. Federal Pell Grants do not have to be repaid and the amount awarded depends on your financial need and whether you're a full- or part-time student. The U.S Department of Education pays your Federal Pell Grant directly to your college. You will need a copy of your latest tax returns when applying for a Federal Pell Grant.


4. Apply for student loans while filling out your FAFSA. The government offers two different types of loans: subsidized and unsubsidized. With subsidized loans, there is no interest charged while you are still in school. With unsubsidized loans, interest accrues from the date you sign the loan application. Student loans do not have to be paid back until you graduate or leave school. You will need a copy of your latest tax returns when applying for a student loan.

Tags: directly your, Federal Pell, your college, directly your college, Federal Pell Grant, Pell Grant