Paying for college begins here
As the school year begins, a new batch of high school seniors typically set their sights on college. They start reviewing options, identifying costs, and preparing their applications for admission (if they haven’t done so already). When reviewing costs at each school, room and board is a common line item on the list, especially for…
Read More
At The Scholarship System, one of our core beliefs is to avoid student loan debt or limit it to the lowest amount possible. While sometimes it can be inevitable, we always stress that there are two sides to graduating debt-free: reducing the amount of money needed and earning debt-free money to cover what you do…
Read More
Many students are striving to avoid student loans entirely. They use a combination of grants, scholarships, and savings to pay for school or choose less expensive colleges to stretch their education dollars. However, a new option for avoiding student loans is making the rounds: the income share agreement (ISA). Student loan debt is an epidemic…
Read More
When college students need to cover the cost associated with getting their degree, many assume that student loans are always part of the financial aid package. While many schools do include loans as a means of paying for their programs, there are also colleges that meet 100% financial need entirely loan-free. This means your child…
Read More
Figuring out how to pay for your child’s college education can be daunting. If your student has a shortfall, then figuring out if any personal assets are viable options for making up the difference is wise. Even if your child could cover it with student loans, choosing to use certain personal assets to pay for…
Read More
The road to college starts now! There are many things your student can do during their high school freshman and sophomore years to make sure they are ready for college and beyond. Since colleges look at your student’s accomplishments from ALL four years of high school, you don’t want your child to wait until their…
Read More
Wow, can you believe it?! Your student’s junior year already marks the halfway point of their high school journey and is a pivotal time. Colleges and universities look closely at their grades, scheduled courses, and activities when making admissions decisions. For both students and parents, it is imperative to stay on top of the college…
Read More
Most parents want to help their child pay for college. After all, a college education can help set them up for future success, and the cost of attending can be quite high. In some cases, this leads parents to consider using their retirement savings to help their child pay for college. This includes 401k withdrawals…
Read More
The idea of paying for college is stressful for students and their parents alike. Add to that the complexity surrounding financial aid packets and student loans, and it’s no wonder many people feel overwhelmed. To help you navigate through these mysterious waters, and provide you with some peace of mind, here is an overview designed…
Read More
Student loans are a burden. They are often large debts, leaving borrowers saddled with massive monthly payments for years, even decades. And that’s what makes finding careers that will pay off student loans enticing. While it sounds like a thing of myth, these options actually do exist. There are careers that will pay off student…
Read More