How to Finance Computers for College

In most colleges and universities today, computers are a must. The advance of online education also makes it possible to get a college degree without ever stepping foot in a traditional college classroom. A downside to the technological advancements of education is the cost of obtaining a computer that meets specific requirements. Many students need some type of financing to purchase a new computer for their educational journey. Fortunately, several options are available for financing a new computer.

Instructions

    • 1

      Purchase a new computer at an electronics retailer that offers on-the-spot financing. These stores will often allow you to fill out an application for a store credit card and receive a near-instant approval. You can then purchase the computer --- and any college-related computer needs such as a printer or scanner --- using the new using credit card.

    • 2

      Take out a small educational loan with your bank. Take a copy of your college schedule or other proof of enrollment as proof for the loan officer. Apply for or negotiate with the bank for an education loan that allows for deferred repayments. Provide the bank with a list of expected purchases so they will give you the exact amount needed for the computer and related equipment.

    • 3

      Use a portion of your student loans for purchasing a computer. Most student loan programs from the government will pay you a stipend or refund periodically. This will allow you purchase a computer and not pay it off until you graduate with the degree.

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