There are two kinds of people in this world, those who do and those who don’t. The type of person who goes back to college, gets a scholarship, and graduates for free is the first type of person. The person who thinks about going to school, is afraid to apply for a college financial aid scholarship, and carries on from where they are now is the second type of person. What type of person do you want to be? Here’s what you need to know if you’re a mom looking to get back to school.
1. There is a lot of help
As a single mom, married mom, or elderly mom, you have many options to help pay for your tuition, fees, books, and living expenses while you’re in college. There are grants, scholarships, student loans, and even part-time study programs that can help you pay for all the things you need to complete your studies and get a better place in your work life. The best two options for you are scholarships and fellowships as these are free sources of money that can help you graduate without incurring huge debts.
2. Obama has set aside $10,000 for each mother.
When it comes to college financial aid scholarships, this is probably your best option as a mom, but you’re probably wondering what this will cover. The average cost of a credit hour at a community college is around $90. It takes approximately 64 credit hours to earn an Associate’s of Arts degree. This will cost you about $6,500 in tuition, $1,800 in books, and another $500 in materials. That’s $8,800 in total, and the $10,000 college financial aid grant more than covers that amount. So how do you pay for the rest if you’re pursuing a bachelor’s degree or can’t support yourself while you’re in high school?
3. The Pell Grant
The other option that gives you free money is the Pell Grant. This can net you up to another $5,500 a year, which can cover a good chunk of your living expenses and more. If you transfer to a state university or college to get your bachelor’s degree, you’ll pay about $150 per credit hour for an additional 64 credit hours. This will net you over $10,000, but if it takes you two years, you’ll have enough on your Pell grant to cover tuition and a little extra for books.
4. Student loans for expenses
If you can’t work or need the money to cover living expenses, you can take out a student loan on top of the free money you get. This can help you cover living expenses and more if you need it. Another option is to not go to school and work in the summer to save some money for the semesters you are in school, or you can also take courses that fit a work schedule. Regardless of what you need, start with the free money sources and go from there as they never need to be paid back.
Thanks to Johnathan David | #College #Financial #Aid #scholarship #Moms #Dont #Program