Finding Money For College-Your Options

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There are many ways to finance a college education. If you are anything like me, you can plan on taking out loans. Where you go and how much they help you will determine how much. Below I've broken down several options that people use to help pay for college. The truth is, if you want to go badly enough the money is out there. All you have to do is go find it.

1) Scholarships-there are scholarships available with qualifications as simple as being left handed-I actually got that one! The key to scholarships is research and dedication. The more applications you fill out, the better your chances of reducing your loan debt.

2) Loans-the three main options in this area are Student(Stafford or Perkins), Parent(PLUS), and Private(regular bank loans)

3) Savings Plans- the most popular of these programs is the Section 529 plan-compare here

Please click here for a more detailed description of these options as well as a few more at Finaid.org. Let me know what you think.

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