Ways to Pay for Schooling Without Loans

As the cost of college continues to rise, more students are graduating and going off into the world with piles of student loan debt. If you are concerned about having money to pay for college, but are nervous about taking out a loan, there are a few other paths that you can follow to pay for your education.
  1. Working Your Way Through School

    • Although it takes a little extra dedication, it is possible to work and go to school at the same time. One good job for a student is to work in a retail store where you can get flexible hours on nights and weekends when you don't have class. If you would rather a job on campus, you can apply for the Federal Work Study Program. This program will place qualified students in jobs on campus in various offices, the library and cafeteria. The work study program likes to place education as a top priority, so your supervisor should be happy to set your hours around your class and studying schedule.

    Scholarships

    • Being an honor student in high school can literally pay. There are tons of private and public scholarships available that can help you to get a partial or full free ride to college. If your report card is not stellar, you can also apply for sports scholarships and volunteer based scholarships. Talk to your guidance counselor about your strong points and about the universities that you would like to apply to and she can guide you in the right direction about which scholarships to go after.

    Join the Army

    • If you have always dreamed of serving your country and getting an education, joining the army can be your key to doing both. You can choose to enlist in the army full-time first and go to college once you are finished serving. The army will help you pay for your tuition. Another option is to join the army reserves and take college classes at the same time. Contact an army recruiter to discuss various programs so that you can find the service term that best meets your goals and needs.

    Teach for America

    • If you're an education major, applying for a Teach for America job may be a good fit for you. This organization places a select amount of teachers in jobs in urban school districts. As part of your compensation, you can receive money to pay off existing student loan debt or to use for a master's degree so you do not have to take out any loans. This program helps college aged youths to pay for school and at the same time helps young kids to get a better education.

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