When I tell people that I have my bachelor’s degree the follow-up question usually is, how much debt do you have from school? When I tell them none they looked shocked. It is true you can go to college and not take out any student loans. I can give the top three things I utilized to pay for college.
1.Tuition Reimbursement/ Tuition Assistance: This is a program that employers usually offer to their employees. I would strongly suggest that you check with your employer and see if they have this program at your company. The company I work for offers this program and they grant each employee a set amount of money a year to use for college, textbook and other supplies for school.
2.Pay Cash/ Payment Plans: While going to college, I paid cash for some courses. I also set up payment plans when I took a huge course load to be able to have time to pay off my classes. A lot of colleges offer payment plans where you pay a monthly rate for three or four months until you pay off your balance. I liked this option because I didn’t have to take out loans and it gave me time to pay off large balances while still going to school.
3.Scholarships: I received some scholarships while attending the community college that helped out tremendously while going to college. Although I didn’t qualify for grants, scholarships are also great ways to pay for college. Check with your school and I will also leave a link below to websites that gives details scholarships.
I am very grateful that I was able to graduate college student loan free, but I will admit that the route I took was not easy. I was not able to experience the traditional college experience. I worked full-time and went to school full-time, and I did not live on campus. On the other hand, however, I am now able to spend more frivolously than others my age because I don’t have a student loan payment every month. Do some research and see what options fit you best, but don’t be in a rush to take out the student loans when other options are available and less costly.