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How Universities Help Pay For Your College

July 04,2010 by: admin

Getting into college is in no doubt expensive. This is why a lot of people no longer continue their education to college, because they can’t pay for it. So, how could one secure a better future if he can’t pay for college?

Tuition fee, in college, is priced on per-unit basis. The amount of tuition fee that a student pays is dependent on the number of units he takes up every semester. Aside from the tuition fee, students also pay for some course-specific fees such as laboratory fees, their registration fees and a few more miscellaneous fees.

Many universities and non government organizations offer financial assistance to students who need their assistance. They provide scholarship grants to students who are willing to comply with their requirements. Most of the time, scholarships that are granted to students require the students to have a minimum grade per semester. Once they fail to satisfy this requirement the scholarship is simply lifted or the student is suspended from it.

There are also universities who allow their students to pay on an installment basis. In an installment, the university would help the student make an installment payment plan that is both convenient and easy for the student and their parents. Most schools allow their students to pay for their tuition fee in four equal payments every semester. So, as long as the student pays for his tuition fee before the semester ends, he would have no problem with the school.

Universities also offer discounts to students who need it. In here the rate of the student’s payment per unit could be reduced from the usual per unit rate based on the student’s income as well as his family’s income. In some universities they call this bracketing wherein they would comply on the amount of payment a student’s family could afford. They would classify each student from suppose bracket A to bracket E where members of bracket A have an annual income of $1,000,000 and members of bracket E have an annual income of only a sixteenth of the annual income of the members of bracket A. In this bracketing, members of bracket A have a higher per-unit rate than those of the members of bracket E. This sort of payment makes bracket A members carry the portion of the tuition fee that bracket E members could not pay for.

There are a lot of universities who help students to push through their college education so that they would be able to follow whatever career they choose for themselves. As long as the student is willing to help himself, the universities along with other organizations are also willing to help them achieve a better future.


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