Information about Hennepin Technical College financial aid disbursement dates, college scholarship search, and student loan consolidation, to help you find money for college. According to the US Department of Education, nearly 45 million Americans are still repaying student debt incurred during their college career. The earliest that the FAFSA form can be filled out is January of a student's senior year. In contrast, the CSS Profile can be filled out during the preceding fall. Student loans often carry an origination fee. Origination fees are a one-time charge based on the amount of the loan.
Federal Direct Student Loans, also known as Direct Loans, are funded by the US Treasury. Private student loans, however, are not guaranteed, and are offered directly to students by a commercial bank, employee credit union, or finance company. Student loans should be seen as 'the measure of last resort,' as this entails graduating with substantial debt. Student credit cards may seem like a good short-term solution, but the interest rates are high, and credit cards often carry an annual fee. If you do end up using credit cards to meet some expenses, pay off the outstanding balance in full every month. You can get a credit report online by submitting a student credit card application, whether you are approved or not.
Finishing college a year early reduces your overall tuition bill, while taking extra years to complete your degree compounds tuition expenses, and delays entry into the workforce. To accomplish this end, look for online courses that may be applied to your degree requirements. Although the cost of tuition is rising for most 4-year colleges and universities, community colleges and trade schools remain an affordable option for those looking to earn an associates degree. The average community college student graduates with only a few thousand dollars in debt, compared to bachelors degree graduates. Beyond the cost of college tuition, students will face an array of additional expenses. Taking on work-study or starting an online business may help.
Doing business online is a great option to supplement your income while still a student. By registering a domain name, pointing the name servers to your hosting company, then building an active website in HTML or via a WordPress template, you're in the game. Similar to magazine page layout, website design includes the fields of graphic design, copywriting, and search engine optimization (SEO). Success is governed by two factors, visitor traffic and online sales conversions. Technical training programs are a low-cost alternative to attending college, and you might end up earning a lot of money as a highly-skilled, technical consultant. Massive Open Online Courses are known as MOOCs, and offer a variety of learning platforms, utilizing cloud-based software and Google apps. Coursera, for example, is an online-learning software platform with millions of enrolled students around the world.