Don't Drop Out of College When You Can Get a Grant

College Is Expensive, But It Is Worth It

College enrollment isn't like it used to be. This is because colleges and universities require that so many financial criteria be fulfilled before they will admit any student. This may include a credit check and tuition paid upfront before a university will let someone enroll.  This kind of financial verification doesn't have so much to do with grades as it has to do with a family's ability to pay for a full four years of tuition. 

College Tuition Is Going Up

Even if you get a positive credit approval from your college, you have to remember that the tuition, the cost of books, and the cost of housing will go up every year. This means that whoever is paying for your education will have to be aware that your education will be more expensive every year. So at the same time that the tuition is going up, the unemployment rate and other economic factors like bankruptcies and foreclosures are going up as well. This is why many students drop out of college in the first year and get jobs. They feel like it is better to work and make money than it is to waste more time on an education they will never finish.

But There Is A Lot Of Financial Aid Available

So in this kind of economic time, students with an uncertain financial future have to be more diligent when it comes to pursuing grant money that will pay for college tuition.  There are over 9 million students a year that receive college funds in the form of Pell Grants and Fullbright Scholarships - none of which has to be paid back. This kind of funding may not pay for your entire four years of college, but it can help you finish college and get your degree. So make sure to talk to a local school counselor or civic leader about grants in your area that may not be on the internet.

Remember this as well, you may be able to find a college or university that offers your degree, but at a less expensive rate of tuition. It may not be you first choice, but getting your college degree from any accredited university will give you more earning power in the long run.

See also: WriteYourselfRich.net