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Home › Articles › College Information › The Next Step

The Next Step

5 Creative Ways to
Help Finance College

By Melinda Copp

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Shoot for the Honors Program
Honors programs, which are offered at most universities, give students opportunities to save money and maximize their dollars. Many times, students that get into the honors program have access to additional grants. Plus, honors programs often require more research and experience as part of the curriculum, which can help open doors in the job market after graduation. And graduating with honors always looks good to prospective employers.

"Honors programs give you more bang for your buck," Hammond says.

Sell Your Car
Cars may seem like a necessity in high school, but in college they become a real financial pain. And cars aren't usually necessary on campus.

"The cost of maintaining a car is one of the biggest expenses for college students,"Hammond says. "Gas money, carting friends around and insurance can really add up."

Many schools are designed for foot traffic. Plus, parking on campus is hard to find and expensive. Students are better off leaving the car behind, or selling it and using the money to pay for books, living expenses or tuition.

Education is one of the best investments you can make in your child's future, but it isn't the cheapest. However, you can find ways to make it more affordable. These tips can help you alleviate some of the financial burden that comes with a college education.

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