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Managing your money is an important part of being a responsible adult.
Quite often people say, “I have no money to manage because I’m a broke
college student!” When you start paying attention to your sources of
income and where your money goes, you might just be surprised to find out
that there is more financial complexity to manage than you think. To
succeed as a college graduate, it is just as important to have a sound
financial plan, as it is to have a sound academic plan.
Choosing to go back to school is an exciting time. Once you select the
perfect program, your emphasis needs to shift toward paying for your
education. Hopefully, you have been saving for college and can afford the
college of your choice. If you’re like most students however, you need to
find alternate options for covering your college education. There are several
methods that are available for financing education, including:
Self-financing
Government loans
Government grants
State funding
Private loans
Scholarships
Section 8 – Responsible Borrowing and Budgeting
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