10 ways to help reduce costs of college


Mar 25, 2023

 by Christopher windbigler
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There are several ways to earn college credits and reduce the overall cost of a college degree. Here are some strategies to consider:

  1. Advanced Placement (AP) courses: Taking AP courses in high school and scoring well on the AP exams can earn you college credits. Many colleges and universities accept these credits, enabling you to skip some introductory courses and potentially graduate earlier.

  2. International Baccalaureate (IB) program: Similar to AP courses, the IB program offers college-level courses to high school students. By successfully completing the program and passing the exams, you can earn college credits.

  3. Dual enrollment: Many high schools partner with local community colleges or universities to allow students to take college-level courses while still in high school. These courses often count for both high school and college credit, reducing the number of courses needed in college.

  4. College Level Examination Program (CLEP): CLEP exams test your knowledge in specific subject areas. By passing a CLEP exam, you can earn college credits without taking the corresponding college course. This can save you both time and money.

  5. Community college: Starting at a community college and then transferring to a four-year institution can save you thousands of dollars. Community colleges typically have lower tuition rates, and many states have articulation agreements that guarantee credit transfer between community colleges and state universities.

  6. Online courses: Some colleges and universities offer online courses at a reduced cost. If you're willing to take some courses online, you can save money on tuition and fees.

  7. Employer tuition assistance: Many employers offer tuition reimbursement or assistance programs for employees pursuing higher education. This can help offset the cost of your degree.

  8. Military service: The GI Bill and Tuition Assistance programs offer financial aid for active-duty military members and veterans pursuing higher education. This can significantly reduce the cost of your degree.

  9. Scholarships and grants: Applying for scholarships and grants can help reduce your college costs. These funds do not need to be repaid, unlike loans.

  10. Attend a public in-state college or university: In-state tuition at public colleges and universities is generally lower than out-of-state or private institutions. Choosing an in-state public institution can save you a substantial amount on tuition.

By exploring these options and taking advantage of multiple strategies, you can significantly reduce the overall cost of your college degree.