Tuesday, May 21, 2013
Question #8
One can fund their college in different ways. Most students apply for financial aid. This is provided by federal, state, local or private sources. In order to qualify it is based on financial need, enrollment status, academic progress, and attendance. There are also plenty of scholarships available for education majors. Scholarships are what most people apply for and hope to receive. Loans are the last thing students should get to pay for college. Many people end up paying back loans in their late 40's. Their is one kind of loan that teacher can receive and not have to pay back. There are restrictions that apply to this like, you must teach in a public school for at least 5 years. If you receive the loan and decide to change your major or decide to not teach in a public school for 5 years you do have to pay back what you received. There are many ways to pay for college and many resources to help, you but it is always smartest to apply for as much scholarships that a person can qualify for.
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