This is logical draw again, with lesson number 10. Other ways to lower costs lowering tuition costs using guaranteed discounted tuition plans. In recent years, states like Georgia, Tennessee, Florida, New Mexico and West Virginia have begun to offer innovative programs typically based on state lottery revenues, which, for qualifying students can pay 90% of the cost of tuition at a public university for students that graduate from the state. Unlike most of the scholarships, which distribute funds from a limited pot of money, so that the number of awardees is also limited the Programs make awards to any student who qualifies in effect, it is an entitlement. Regardless of the state, the goals of these plans are largely the same to attract and retain the best and brightest students in the state. to widen opportunity for higher education by reducing students financial burdens, promote and reward academic achievement and to increase college enrollments and attainment rates.

These awards are extremely generous and can cover in state tuition fees to nearly 90%. Awards are made on top of other deductions of fusion that students already get, such as Pell Grants. The average award in Georgia and West Virginia covers more than 70% of diffusion while most states average base award amount covers 50% of tuition eligibility rules are fairly straightforward high school GPA, standardized test scores, high school core courses or community service. These awards are great if you are a student resident in one of these eight states. But what happens if you are not? Suppose you're a high school student in Washington, Texas or another state, but you have a parent or guardian who lives in one of these eight states.

Can you still qualify? in general? Yes, although the qualification rules vary by state. In Georgia, you should become a legal resident of the state through parent or guardian and have attained at least a 75% score on your LSAT or a CPA exams. Check each state's website for exceptions. These funds are a great way to lower costs Next, we will look at lowering tuition costs by studying abroad.

Studying abroad is not for everyone, but it is an option to place on a college bound students table. For students who are interested in a foreign language such as German, French, Chinese, Japanese, Portuguese or Spanish, studying abroad is the way to go. The ability to get immersed in the foreign countries cultures, history and society when studying living and perhaps working is unsurpassed. Until about 10 years ago, studying in a foreign country meant that you had to learn in that country's language. But in recent years, foreign universities have recognized the need to offer public programs in English as English has slowly taken hold as the international language of choice. These countries always had generous programs to subsidize tuition or even eliminate tuition for their own residents.

Seven countries including Germany, Finland, Norway, Slovenia, Brazil, and some reasons in France, extend this tuition benefit to foreign students as well. tuition is 100% free or heavily discounted. At most foreign institutions, you can generally borrow money using both subsidized and unsubsidized US federal loans to pay for college and living expenses as though you are attending a US college. Loan Servicing and repayment will be in the US. For EU colleges, check out the EU website. Tuition in Estonia, Slovenia and some areas of France is free.

Using in German universities is free or very low. You can study in English, just look for English language programs. learning German is a bonus you still have to pay to live though. The other advantage in Germany is that Germany's Co Op model links industry to academia so that many students have an opportunity to intern at companies and later even obtain jobs. Studying abroad by paying very little or no tuition is a great way to improve ROI. True living costs in many European cities are higher than their American counterparts, but if the total cost of attendance can be reduced by 50% or more, this option becomes attractive.

Fusion in Norway is also free. Norway offers nearly 250 bachelor's Programs start in English. public universities in Norway charge no tuition fee even for foreign students. You still have to pay to live though. Or you may want to consider getting an engineering or technology degree in India where tuition is very affordable cost of living is low and the schools, some of the best in the country. All instruction is in English.

There's another way to lower tuition costs, and these are called work study colleges. The College of the Ozarks, Berea College and allied college have a unique model. You agreed to work while you study and these colleges do not charge you any tuition at all so that you graduate debt free. The work is coordinated By work supervisors on campus, students work 15 hours per week and 240 hour work weeks during the academic year. If students participate in the summer work program these hours are applied towards room and board charges for the upcoming academic year. So you and your cost of attendance is essentially paid off.

Other examples of schools that follow this model are video college or Alice light college. Some of these colleges restrict admission to students based on region so consult their websites first if you can be eligible. Finally, if you meet income qualifications, private colleges may be better than public universities. A student attending a state school in another state as an non resident may be better off going to a private college instead, if costs alone were a concern. In some cases, a student from a low or mid income family may consider a private college or even a state school. Although he is a state resident.

Take a look at this table. tuition at Harvard costs a Texas low income student just $3,386 a year far less than Texas a&m $10,000. As we said if you can qualify take advantage of the many private college offers for low and middle income families. There are many colleges doing a lot of work in this area. The key takeaways from this lesson are that there are several creative ways to lower tuition costs, obtaining need based financial assistance Your target schools through FAFSA is not the only way. Remember fewer dollars spent on education mean a lower loan burden, quicker payoff and a higher return on investment.

If you have any questions, please let us know. Thank you