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Unconventional Ways to Save on College Tuition

By Devrie Paradowski, published Feb 08, 2007
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Finding solutions to expensive tuition rates for college may take some legwork, but it is definately possible to get a degree for less than the conventional rate of tuition. In some cases, you may even get a free education, provided you don't mind doing a lot of self-study or don't mind taking a bit longer to finish your degree. Some things to consider when trying to save money on college are:

How quickly do you want to get your degree?
Are you hoping to go Ivy League, or does it matter?
How good are you at studying on your own?
Do you have any skills or knowledge that you can apply toward college credit?
How much time do you have to invest in your degree?

After answering the questions above this paragraph, you should have an idea of which college saving devices will be most appropriate for you. College tuition saving plans include testing out of subjects; preparing prior-learning packages, using tuition assistance through your employer, making payment plans to your college, and using tax credits.

Testing

Advanced Placement (AP): High School


High schools offer advanced placement classes. These classes are difficult, but offer a final test that can be counted as college credit. Depending on the score a student gets on these tests, many colleges will accept credit for the classes taken. There usually is a fee for the test; however, the fee for the test is usually significantly lower than paying for the class at a college. Also, many students can get a waiver that will reduce or even dismiss the fee all together. Ask the high school guidance counselor about these tests.

CLEP

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