How to Save Money to Pay for College

Save Money to Pay for College

Instructions

    • 1

      Take as many credits each semester as you can reasonably handle and you'll
      get more value for your tuition dollars. Taking less than a full load raises your cost per credit hour and can result in significantly higher tuition costs overall. By taking a full load, you may be able to finish in three-and-a-half years and save thousands of dollars.

    • 2

      If you participate in the Reserve Officers Training Corps (ROTC) during
      high school, you could receive scholarships that cover full tuition, books, and fees and provide a monthly living allowance. All branches of the U.S. Armed Forces offer this federal merit-based scholarship program

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      Every little bit helps when it comes to paying for college. If you're working while attending classes, find out if your employer offers a tuition assistance plan. Under these plans, eligible employees are reimbursed for part of their tuition costs if they achieve an acceptable grade in the class. For qualified plans, the reimbursement, up to a certain dollar amount, is not considered taxable income to you.

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