11 Tips On Avoiding Student Loan Debt, According To An Expert In Scholarships
Student loan debt? Never heard of her.
I'm about six months away from graduating high school and going to college (woohoo!). But with college comes the costs of tuition, room and board, meal plans, and more (boohoo). But recently, my counselor introduced me to a couple of local scholarships that I can use toward my college tuition. Since then, I've been on the hunt for more local and national scholarships to apply for.
To learn more about getting scholarships and avoiding student loan debt, I talked to Kevin Ladd, Vice President of Scholarships.com, a website that helps students find scholarships. Here's what we talked about:
Remember, with all these tips, be sure to look into your college's official programs and guidelines too so you can make the most informed decision possible.
1. Student loan debt can build up throughout your college life, so it's helpful to have some strategies to curb the accumulation.
3. Get good grades in high school to qualify for merit-based scholarships.
4. Scholarship sites can be a great resource for finding scholarships that you might qualify for.
5. So, how do you maximize your chances of getting scholarships?
6. Look into work-study programs during college.
7. Think about going to a community college for two years and then transferring to a state school or private college.
8. Explore your room, board, and transportation options.
9. Take a gap year to assess your financial situations.
10. Dual enroll in community college classes during high school to earn credits.
11. Finally, take advantage of the summer before your freshman year of college to work part-time jobs.
I honestly did not know about work-study programs before hearing about them from Ladd, so I'm definitely planning to look into that when I get on campus. Plus, #2, #4, and #11 are certainly on my to-do list for this year.
Do you have any other ideas on avoiding student loan debt that weren't on the list? Let me know in the comments!
And for more stories about life and money, check out the rest of our personal finance posts.