Frugal Living

5 Ways To Make Studying A Degree More Affordable

Higher education doesn’t have to come at a heft cost. If you want to avoid a lifetime of student debt, why not consider some of these options when choosing a course.

Study online

By and large, online courses tend to be cheaper. These courses allow you to study from home in your own time, making them excellent if you’ve got commitments such as a family, a home or a job. Pretty much all subjects can be studied online these days. You can even study an online RN to BSN program to become a nurse. It’s worth comparing these courses and reading online reviews to find the best one for your needs.

Study abroad

In some countries around the world, higher education is a lot cheaper. You can even study for free in some countries such as Finland, Brazil and Germany. Whilst you do have to factor in travel costs and living costs, you could find that it still works out cheaper overall. For instance, you may discover that the student accommodation in Hamburg Germany is actually much cheaper than it is in your local city, helping to make up for any costs of travel to the new country. Studying abroad could also be a chance to get some travel experience. If you’re hoping to study a foreign language, it could even help you to achieve fluency by immersing yourself in the language.

Look for a sponsored course

There are some companies out there that offer sponsored courses. This means that the entire course is funded by an employer. Providing you graduate, you don’t have to pay any of this money back. In return, you’ll generally be expected to work for the company after finishing your course. Given that these companies are generally large and successful, it can be an excellent way of guaranteeing a job once you finish your degree. These sponsored courses aren’t easy to get onto – companies will generally only offer a few sponsorships, so be prepared for some competition when applying for these courses.

Consider an accelerated course

An accelerated course is a course that is completed in less than three years. Some of these courses can be cheaper than standard courses due to being shorter. Of course, these courses are also more intensive because you’re having to cram much more studying into a shorter period of time. If you think you’re capable of doing this, it could be a path worth taking. Accelerated courses such as this two year business course are great for people that want to achieve a dream job more quickly rather than having to wait the regular three year period.

Research into grants

In certain circumstances, you may be eligible for a grant to cover your college fees. In the US, there are federal grants and there are state grants – you can often take advantage of both of these. On top of this, individual colleges may offer their own grants to further help pay for studies. Make sure to do your research and see what you are eligible for.

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