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Tuesday, February 24, 2009

Getting Money For College is Easy!

By Paul L. Johnson

Affording college is easy, if you go about paying for it in the right manner.

One of the main issues that most people have in sending their kids to college is the high costs that are associated with a college education nowadays. This can easily be fixed, however. All you have to know is where you can get money for college students, and how to go about it in the right manner.

To find money to pay for college, the first thing you should do is fill out a FAFSA form, which will allow the government to offer you lots of money in financial aid. After sending in the FAFSA and qualifying for financial aid, you will receive offers from the government for scholarships, grants, student loans, work-study, and even more! All you have to do is fill out the simple form.

After completing the FAFSA and receiving financial aid from the government, you should next apply for scholarships on your own to get even more money for college. Apply to at least 30 and it will still pay off. Even if you win one for $1,000, that still equates to $20 to $30 per hour.

To get more money to pay for college, have your child take on a part time job during school and also have them participate in paid internships every summer. By doing this, your child will have another $10,000 to $20,000 to pay for college. By now you could have up to $30,000 to cover college costs, which will be enough unless you are going to a private college.

In that case, your next step will be to take out student loans. I would advise looking into the Perkins and Stafford Loans first, as these are the best student loan options that are available.

Once you have gotten student loans, you can look into other resources for financial aid, such as being sponsored for good grades. If you still need money to pay for college, at this point you can dip into your financial savings.

There are more ways that you can save thousands of dollars for college too! To learn about this, visit Money for College Students

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