With student loans debt at an all-time high, saving on college tuition is more important than ever. In fact, many students are getting smarter about their college choices and, in some cases, even opting to study online.
However, there are still a few ways you can get a traditional college experience while saving on your education costs. Here are the top 5 ways to save on college tuition.
1. Start With Community College
Community college is the most affordable way to begin your education. By starting at an in-state community college, you gain access to both federal and state financial aid options.
Financial aid tends to go further at community college due to the overall lower cost of attendance. Additionally, you don’t have to worry about the cost of student housing or meal plans, which can significantly reduce the amount of money you need.
2. Filing FAFSA®
At Frank, we’re all about filing FAFSA®. You can fill out the application in under 5 minutes on our website and be on your way to saving thousands of dollars on your college education.
The application qualifies you for aid like Pell Grants and other institutional-based scholarships. It’s your first step towards getting assistance that you don’t have to pay back.
3. Dual Enrollment
Attending two colleges at once can often be a saving grace in terms of college costs. Taking classes at a more affordable college, such as a community college, while being primarily enrolled in a four-year institution, allows you to save on credit costs.
You can read more about how dual enrollment works here.
4. Apply for Scholarships
You don’t need a full-ride scholarship to save money on your education. Applying for multiple small scholarships is a big help when it comes to capping your student loans.
Our advice? Apply fo as many scholarships as you can. Even the little ones will help you pay for things like books and fees you might not even be thinking about.
5. Use ClassFinder By Frank
ClassFinder is a tool that allows you to search for affordable college credits that transfer to your primary university. Signing up for classes through our tool can save you money on each of your credits, in some cases, up to 90%.
Going to college and figuring out how to save money on tuition isn’t easy, but you’re not alone in the struggle. Students all over the country are trying to find ways to save on college tuition. These five options put massive cost-savings right at your fingertips.