Whether you are in the beginning stages of a college search or well underway in your academic pursuits, it’s always a good idea to think about how you can cut down your college tuition costs. While it may take a little planning and time on your part, your future self will thank you when you have less student loan debt!
Read on – we’ve outlined the best ways to pay for college below.
Scholarships are typically awarded by universities or outside institutions based on community involvement or activities, academic merit, or athletic achievement. Receiving scholarships can significantly cut down on college costs, as they do not need to be repaid.
Here are the basics:
The world of financial aid can be a difficult one to navigate – but if you are an eligible student, it’s well worth your time to submit the free financial aid application.
Here are the basics:
Private student loans are a helpful way to cover the remaining portion of tuition and other school-related expenses after you have exhausted your scholarships and financial aid options. Be sure to consider all variables of private student loans: in-school payments vs. deferred payments; no co-signer needed vs. U.S. co-signer needed; fixed interest rates vs. variable rates.
Consider your options so you can find a loan that is best suited for your needs. MPOWER loans do not require a co-signer or a credit score and have a fixed interest rate for the life of the loan. We provide our borrowers with free financial literacy courses and personal career counseling. MPOWER was founded by professionals who struggled to pay for school themselves – so we know that financing your education can be tough. The whole MPOWER team is committed to helping you on your path to success!
DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.
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