Monday, February 14, 2011

How to Save Money in College

With mounting expenses and a pile of debt,
the last thing most college students can think about is how to actually save money.
  It is very common for college student to take student loans.
However, one problem is the students will be in debt once they leave the college. As we all know, it is always good to have a debt free life.
Yet it seems that it is quite impossible to do so if we are in debt once we graduate. The fact is that it is also quite impossible for college students to stay away from the loans.
However, a student should try to find ways to borrow less.

1.      Looking for scholarships. You may think that scholarships are only for a few people and most students will not be able to get it. It is true that it will be ridiculous if every student can have a scholarship. However, you should try to at least apply for them. You should try to find scholarships available. Of you should also need to make sure that you are qualified to apply for it otherwise it will be just a waste of time. Fortunately, many groups and organizations offer a variety of scholarships to deserving students and applicants.
2.      Get a part time job. If you can afford the time, you should take a part time job. The nature of the job is not an issue as long as it is not something illegal. It will be a good idea to have a part time job to fund your education. However, you will need to have a balance between your time for working and studying. You should try to focus on studying instead of working. You have always remember that you are just working in order to fund your education.
3.      More tips for saving 
1. SPEND on campus visits.
2. SAVE on preparation by analyzing your specific studying needs.
3. SPEND on reputable college prep courses.
4. SAVE on free online tests and high school resources.
5. SPEND on a College Level Examination Program to save in the long run.
         Just remember that your purchases should be based on your specific priorities and needs.

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