Paying for Tuition

Re: Paying for Tuition

Nope as far as interest is concerned, in the grand scheme of things you will have to pay some interest if you're not in a position to finance your own education.

Govt. loans tend to be a little better in this regard because you get to remain on an interest-free status for as long as you're enrolled f-t in school and then upto 6 months after you graduate - so you won't accumulate all that much for the years you'll be in school.

The other alternative is to aply for any and all scholarships and bursaries. Its not hard to get $1000-$2000 or so every year in bursaries esp. if you've had a scholarship for the same year... you can make a case and show that you'll well worth the investment :)

Its not easy to fund your own education - I've consistenly kept a f-t job throughout the years of my undergrad and grad studies. On the one hand, this affects your grades but on the positive side, you're much better off with the work experience when you'll look for work after graduation.