City of Education where you find education information and best advices
  • Home
  • Career
  • Child Education
  • Online Education
  • School
  • College
  • University
City of Education where you find education information and best advices
  • Home
  • Career
  • Child Education
  • Online Education
  • School
  • College
  • University
College,

How America Pays For College in 2013 – Options For College Expenses

by Angel AveryAugust 23, 2015no comment
0
Shares
Share on FacebookShare on Twitter
2217

It is from the time of recession and also after things have settled, that families belonging to mid and low income level have been hard hit to muster their resources for paying college expenses for their children in 2013. It is through a number of options that now students are finding more comfortable in paying their college expenses.

How America Pays For College in 2013 %E2%80%93 Options For College

How America Pays for College

A survey on How America Pays for College in 2013 revealed that higher education costs were covered by grants, scholarship and college savings plans. While parents have opted to extend their hours of working, sought credits on education tax and advised their children to stay at home instead of spending on boarding, students have ventured to find out avenues for getting loans from alternative sources of funding which is not repayable.

As a result of finding these financial resources families in the mid income group have been spending more on college expenses than before. Smarterbucks review is an effective helping hand offered by the Education Department of the country. Contributions also came from students borrowing on an average $ 380. It is due to slow economic recovery and effects of recession that parents have found it difficult to meet the expenses of higher education for their children by mustering their resources from monthly income, savings and investments which were not enough.

It is the 529 college savings plan that has made things easy for all to cover their expenses of higher education without any hiccup. The survey reveals that about 17% families have opted for this unique plan out of which around 26% come from high income group. Families from mid and low income group have also shown interest in taking up the plan which has come as a great relief for students and parents. The modus operandi of this 529 plan is controlled by State Government or educational institution where the program is in operation. Funds are set aside by families with option of withdrawing without paying any tax for the purpose of meeting college expenses.

Plans & Programs

Financial grants and scholarships has made up 30% of the cost of higher education for most families in the year 2013 and have been the ideal resources for funding the cost of college expenses without parents having to bear the burden from their income and savings. Scholarships awarded by colleges which are state based have come of immense help for students in obtaining a degree although non profitable organizations have come forward. Inspired by the outcome of this plan, students have opted for working part-time and parents have sought ways to increase their income. Students also took interest in completing their course work as early as possible in order to reduce the semesters and also opted to stay with their families or relatives in order to save on expenses on boarding.

These programs are part of How America pays for college in 2013 which have made students more inspired in getting a degree.

Previous

A Few Devices to Help Your Studying

August 11, 2015
Next

Why Is Online Education Looked Down On?

October 5, 2015

Angel Avery

I am Angel Avery. The designer and Blogger. I work in this field for three years. It's an honor for me to share some important information with you.

Leave a Reply Cancel reply

You must be logged in to post a comment.

Related posts

College Stress
College,

Managing The College Stress Epidemic

by Gary FinkJanuary 25, 2022no comment
College,

College Scholarship Planning 101

by Gary FinkJanuary 29, 2021no comment
Succeed in College
College,

Tips to Succeed in College

by Angel AverySeptember 11, 2020no comment
Untitled
College,

What are the best things about Southampton Uni?  

by Gary FinkFebruary 25, 2019no comment

Education News

  • How To Get Started On Your Journey Of Lifestyle Change With An Active Home School Fitness Program

    How To Get Started On Your Journey Of Lifestyle Change With An Active Home School Fitness Program

    March 29, 2022
  • What is the Schedule for MAH CET 2021?

    What is the Schedule for MAH CET 2021?

    July 22, 2021
  • The most common mistakes people make when learning foreign languages

    The most common mistakes people make when learning foreign languages

    January 25, 2021
  • What Are Educational Websites And How Helpful Are They?

    What Are Educational Websites And How Helpful Are They?

    July 20, 2020
  • Motivation, Rewards, Creativity, and Innovation

    Motivation, Rewards, Creativity, and Innovation

    September 18, 2019
  • How to Avoid Panic with College Exams

    How to Avoid Panic with College Exams

    April 30, 2019
  • How to Pick the Right Security Training Provider

    How to Pick the Right Security Training Provider

    April 7, 2019
  • 3 Tips To Prepare For Your CBSE Exams

    3 Tips To Prepare For Your CBSE Exams

    December 21, 2018
  • Outsourcing Information Technology – The benefits

    Outsourcing Information Technology – The benefits

    December 3, 2018
  • JGU – the Best B School for MBA

    JGU – the Best B School for MBA

    August 18, 2018
  • Help! I Need A Good Math Tutor! What Shall I Do

    Help! I Need A Good Math Tutor! What Shall I Do

    March 10, 2018
  • Who Can Study The Quran In Greater Detail

    Who Can Study The Quran In Greater Detail

    January 2, 2018
  • You’ve failed an exam: here’s how to pass it next time around without ruining your summer

    You’ve failed an exam: here’s how to pass it next time around without ruining your summer

    July 21, 2017
  • Terms and Conditions
  • Cookies Policy
  • Disclaimer
  • Privacy Policy
  • About Us
  • Contact US

© 2022 - educity1713.com - All Rights Reserved.