Paying for Your Degree

Paying for Your Degree

Earning a marketing degree is costly. College is expensive and costs continue to rise each year. The College Board examined college costs and found the following: if you are considering attending a public four- year school, expect to pay up to $12,000 a year in tuition and fees; if you are thinking of attending a private four-year school, do not be surprised to pay over $30,000 a year in tuition and fees. In addition, none of these figures includes the cost of textbooks, rent, food, etc.

Many wonder how in the world they are going to pay for school and whether the expense is worth it. If you are serious about pursuing a career in marketing, you will need to go to college and earn at least an undergraduate marketing degree. However, the good news is that there are thousands of grants and scholarships available that can help lessen the financial burden. Other forms of financial aid for a marketing degree are available as well. An online marketing degree can also save you thousands of dollars.

. Grants
. Scholarships
. Financial Aid
. Student Loans

Millions, if not billions, of dollars are awarded each year in scholarships. Many states offer their own academic scholarships based on GPA and standardized test scores. Think about all the organizations that award scholarships. Your employer or your parent�?Ts employer may also award scholarships to deserving applicants. Scholarships do not necessarily have to be based on academic performance, many are based on need.

Grants awarded to attend college never have to be repaid. The government offers a variety of grants at the federal and state level. Many companies or organizations in your community also offer grants. Grants can be awarded for academic achievement or be need based.

Your current employer may help pay for your college degree. Some companies assist workers by paying a portion of tuition for undergraduate or graduate degrees. You must maintain a certain grade point average to qualify. In addition, you will most likely have to dedicate a few years to the company after you earn the degree.

Members of the United States military (active duty and veterans) are eligible for the GI Bill. College tuition costs for both undergraduate and graduate degrees may be fully covered.

Student loans are another route to consider. These loans allow you to spread the cost over time. Make sure to shop around when considering student loans. Look at interest rates and payment terms to determine the plan that is best for your financial situation.

Yes, earning a marketing degree is expensive. But, there is a variety of financial aid for a marketing degree available. Put some effort into researching the scholarships, grants, and financial aid available, and consider earning your marketing degree online. You just might find ways to lessen the cost of college.