Monday, January 31, 2011

Get Money For Tuition As An Adult Student

Plan ahead for tuition money to pay for college.


The process of finding tuition money is on the minds of most high school seniors, but searching for college financial aid as an adult can be a daunting task. Many of the same options are available for adult students, often referred to as non-traditional students. Scholarships can be found without age limitations. Federal aid is available in the form of grants and loans, depending on financial circumstances. Adult students can also pursue tuition money from alternative means, such as private loans or through an employer.








Instructions


Scholarships


1. Search online using scholarship search engines for any available scholarships for non-traditional students.


2. Inquire at your school about any school- and degree-specific scholarships that may be available for you. Many of these go unclaimed, leaving less competition.


3. Apply for any scholarships you are qualified for. If you are awarded the scholarship, the money will be applied directly to the school.


Federal Loans


4. Fill out the Free Application for Federal Student Aid (FAFSA). Have your previous year's taxes available to make accurate estimates on the FAFSA.


5. Submit the FAFSA as soon as possible after January 1st. The sooner you submit, the more aid you may receive.


6. Contact your school's financial aid department to accept or decline any financial aid awarded.


Alternative Aid


7. Ask employers if the company has a tuition reimbursement program. The human resources department is an excellent source of information.


8. Apply for private loans. Private lenders have higher interest rates and finance charges, so read all terms and conditions before you accept the loan.


9. Consider getting a second job to assist with tuition. Many schools have on-campus employment opportunities that work around class schedules.

Tags: tuition money, non-traditional students, private loans, your school