How To Get Free Money For Community College
February 11, 2015 typesofaid.com Staff
Most students can expect to pay $3,300 per year at community colleges. These schools tend to offer two-year associate's degrees and various certifications. Unfortunately, that estimate includes tuition and related fees only. Living expenses and books aren't included in the figure but add thousands of dollars in extra costs. Even community college students struggle to pay their way through school, despite the lower costs compared to four-year universities.
What opportunities do students have to pay for community colleges?
Currently, various financial aid options and solutions are open to community college students. This includes the Pell Grant, which offers need-based awards of up to $5,730. Nearly nine million students receive awards through this federal grant program. Also, states sometimes offer their own grant programs for students at community colleges. Other states reserve financial aid grants for four-year university students, though. Grants do not require repayment, so they're preferred by students.
On the other hand, students can apply for various scholarships. States and private organizations offer merit-based scholarships today. Students that meet criteria for a given scholarship could receive thousands of dollars for their education. Otherwise, federal tax credits of $2,500 are available to many students, including those at community colleges. Teachers tend to qualify for even better tax credits related to their education, too.
A New Plan Unveiled By President Obama
President Obama recently unveiled a plan to make community college free for students. All students that achieve certain grades and other requirements will qualify for free tuition. After the announcement, many people lauded the president for his plans, but the program will likely never see the light of day. Far too many politicians are against the plan, and its implementation would cost billions of dollars. Community college students will have to find other means for financing their education.
Reform Needed For America's Universities and Colleges
Community colleges offer a low-cost alternative to four-year colleges. However, students still run into trouble trying to finance an education here. Far too many students turn to loans and wind up hurting their financial well-being. Each person should work on securing grants and loans long before they enter a college. America's entire educational system requires reform, though. As tuition costs rise across the country, students continue to pay more for a lower quality education.
A number of options essentially give students free money for community college. In the end, every student needs to take advantage of these opportunities. Thousands of individuals can't afford their education without doing so today.
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