//How to Pay for College (Without going broke)
Whether you’re a few months or a few years away from starting college, it’s never too early to plan for one of life’s biggest financial expenses. Here are a few tips to get you started:
Research financial aid options ASAP
The sooner you understand your many options, the easier it is to create a financial plan of attack. Even if college is a few years away, learn as much as possible today about financial aid and savings plans.
Tip: Visit www.fafsa.ed.gov to learn more.
Take Advanced Placement (AP) courses
AP courses help high school students prepare for AP exams. High AP exam scores can earn college course credit—saving you money on tuition at most four-year colleges.
Tip: Speak to your high school’s AP teacher or coordinator.
Tap the power of credit transfer
Consider earning general education credits at a two-year college or less expensive four-year college. Many times, these credits can transfer to an elite, private university—at a fraction of the cost.
Tip: Before registering, confirm with your advisor that the credits will transfer.
Select your major carefully
Your future career path and potential salary can have a huge impact on how much money you’ll be able to pay back in student loans. Some degrees will be worth more (or less) money to potential employers in the future.
Tip: Discuss career options with your guidance counselor.
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