National Scholarship Month

 

November is National Scholarship Month and highlights the importance of using scholarships to pay for college. College tuition costs outpace the cost of inflation. Students can spend anywhere from $10,000 to $60,000 or more per year. The first two years of college are the most expensive. College tuition costs include your intended major, size of the school, location, school environment, college expenses, financial aid available, sports/extra-curricular activities, and the type of school. Here are four easy ways to save for college tuition.

Plan Ahead

Save money for your college tuition to help offset expenses. Save money earned at summer jobs and money received from birthday and Christmas gifts for college tuition. Talk with your parents early on about college tuition and expenses to find out if your parents will pay or if you will be responsible for paying for college tuition.

Financial Aid

Talk to your school counselor and the prospective college financial aid office about available options. Apply for the fafsa.gov. Apply for at least 50 to 100 scholarships to ensure you have enough money to cover tuition costs.

Ask for Help

Talk to current or former college students who received scholarships and ask for advice on how they obtained scholarships.

Extracurricular Activities

Participate in extracurricular activities which will help increase your chances of getting accepted into a college and increase your chances of getting approved for college scholarships.