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After Acceptance: Finding Alternative Financing for Education

You’ve just gotten accepted into your dream school, but now you need to start thinking about how you are planning on financing your education.

College Debt

It is everyone’s nightmare. You’ve maximized available admissions resources to get into the school and program of your dreams, but you’re not sure how you’ll pay for even one semester. You’re far from alone. Even high earners believe that the cost of college is out of reach. In fact, the Institute for Higher Education Policy says that families with incomes above $100,000 a year don’t believe they can pay for upwards of 6 in 10 U.S. universities.

Even when students can afford to pay for college, they’re still likely to graduate with a mountain of debt:

  • The average student loan borrower leaves college today with $37,172 in student loans – more than twice the amount of 2005 grads
  • The average monthly student loan payment has jumped by more than $150 over roughly the same period

Scholarships & Alternative Means

No problem, you say. There are tons of scholarship and work-study opportunities out there. You merely have to know where to look for the ones that work for you. And, to an extent, that’s true. The operative word, though, is tons. For instance, whole books have been written about the FAFSA, an often-confusing online form required to get need-based aid. Even when you think you’ve filled out everything correctly, each school uses the information how they choose.

Fortunately, there’s another – saner – way. Alternative Means Education Financing companies, such as NextGenVest, can save you time, money, and aggravation. You leverage technology and the hive mind of your peers, plus company experts, if needed, to find and take advantage of every break you can – before the decision-makers dive into your numbers.

“The scholarship hunt can be daunting and overwhelming, but with organization and preparation, it’s possible. I applied to the Marshall, Rhodes, and Gates-Cambridge scholarships at one time and researched to make sure I was a good fit. This provided me with the financial means to pursue my dream by studying at one of the top universities in the world!”

Nadine Jawad, Rhodes Scholarship recipient and Director of Scholarship and Undergraduate Services at Write Track Admissions

Think out of the box, maximize your time to research all financing possibilities out there, and make sure to tap into the expertise that exists to get that life-changing and affordable degree in your hand!

Write Track Admissions Team

Contact Write Track Admissions to out how you can fund your dream degree!