The average rate of tuition at four-year private colleges was about $21,235; four-year public universities average $5,491. Tuition costs, of course, are just the beginning now add room and board, the cost of attending a private college is $29,026 per year on average, and $12,127 at four-year public universities. Take a look at IVY league universities such as Princeton and the total fees will climb to nearly $37,000. An 8% college inflation rate means that the cost of college doubles every nine years. For a baby born today, this means that college costs will be more than three times current rates when the child is ready for college.
The average debt for graduating college seniors who borrow to finance their undergraduate degree is just under $20,000. But there is good news. There is more financial aid available than ever before over $134 billion. And, despite all of these college cost increases, a college education remains an affordable choice for most families. Armed with the information detailed in this comprehensive new book you will be privy to the more than 2,200 programs that offer scholarships, internships, or loans to more than 1.7 million students each year.
These are scholarships, grants, and loan programs that you have never heard of for example: The Millennium Scholarship Offers $10,000 to students who have lived in Nevada for at least two years before they graduate from high school. State-funded by Nevada's portion of the lawsuit settlement against national tobacco companies. Or the Patrick Kerr Skateboard Scholarship One $5,000 and three $1,000 scholarships to students who promote skateboarding, created by a Philadelphia mother after her 15-year-old son was killed while skateboarding. Are you tall? Then apply for the Tall Clubs International Scholarship, Males 6'2" or taller and females 5'10" or higher qualify for a $1000.00 scholarship.
In addition to scholarships and grants you will learn hundreds of innovative ways to slash your college cost including: calculating your college budget, Ways to Reduce your college budget, buy your text books & supplies cheap, Earn college credit on an accelerated basis, CLEP, Earn college credit outside the traditional classroom, Make use of payment alternatives, Tax credits, Combine higher education and course-related employment, National and community service, Tuition prepayment plans, Federal Funds, State Aid, credit card use, Private Sector Aid, College Funds. Maybe saving money to you does not matter, perhaps you won the lottery, but if you want to learn hundreds of innovative ways to save thousands on your college costs than this book is for you.
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