Doing More To Pay For College

Andrew is doing some things to get money for college, but Dave has even more ideas for him.

QUESTION: Andrew just graduated from high school. What more can he do to pay for college besides working and Pell grants? Dave has a couple of things to say to that.

ANSWER: You can do a couple of things. Be very selective of what you’re working at, because you’re trying to earn a lot of money in a short period of time. You’re not going to be working at Burger King. If you start a small business and cut grass or babysit, you’ll earn 3 times as much as you would working there.

The second thing is that you have a beer pocketbook, then don’t have champagne taste. You have to be selective on where you go to school, because you can’t afford a private school or out-of-state school. But there are great schools in-state and community colleges that you can attend and afford. Choosing where you go to school is a big part of this equation. 

You also need to spend your spare time applying for hundreds and hundreds of scholarships. You can purchase lists of organizations that offer a student scholarship guide for a few bucks. Ask anyone about money for college, from the Rotary Club to the Jaycees to the Kiwanis. Ask your church and other parties in your community. Write essays and fill out applications wherever you can. You’ll get turned down for the vast majority of them, but if you get 15 or 20, that can mean some serious money.