Adults who are returning to college often become frustrated when they begin searching for ways to pay for college. Most scholarships are geared towards younger learners, and adults typically have many more financial responsibilities (rent, taxes, health care, etc.) that students with guardians don’t necessarily have to think about.
But if you’re looking for the best way to pay for college, consider broadening your search to encompass many different strategies. Chances are, one solution won’t always cover all of your expenses.
The Best Ways to Pay for College
- See if your current employer will subsidize some of your academic expenses. If your program or degree is directly related to your current work, you might be able to make an arrangement in which you agree to stay with the job a few years longer to pay off the subsidy with your new skill set.
- Consider online school as an option. In most cases, you can create a schedule that fits neatly around your other work commitments. In this way, you don’t have to quit your day job, and mounting debt doesn’t become such a major issue.
- Search out scholarships that are geared towards niche markets, demographics, locations, or industries. If you are a Polish born, retired accountant with two kids and a prosthetic leg, there might be a scholarship designed especially for you. You never know till you try.
- The fact of the matter is, there are no easy answers, but if you are dedicated enough and creative enough, you’ll find solutions and avenues that you never thought possible. Yard sales, loans, small savings, ambitious budgeting, and over-time really do add up over the long run.