|[January 21, 2013]
Navigating Financial Aid for Adult Learners
REDLANDS, Calif. --(Business Wire)--
Was one of your New Year's resolutions to go back to school If so,
you'll probably want to know all you can about your financial
aid. Researching financial aid opportunities that fit your needs and
college requirements is easier than you might think. Make this your
year and resolve to get your undergraduate or graduate degree. Here
is some smart
advice that will help you in your financial aid research:
SCHOLARSHIPS: Scholarships are not only for traditional
undergraduate students. There are plenty of opportunities for adult
learners as well. Make sure to do your due diligence in researching
opportunities, requirements and deadlines for scholarships.
Many scholarships are based on more than academics and your chances of
receiving aid increase when you take the time to review your
applications and submit them on time. And don't be quick to overlook
small scholarships. Several awards of a few hundred dollars each can add
up to significant tuition savings, so be sure and scour the Internet for
those unusual scholarships.
LOANS: While scholarships are often part of a college
payment plan, they are rarely the entire plan. You'll need a
combination of financial aid sources, including federal and private loans.
Keep in mnd: not all loans are created equal. First, research your
federal loans options. Once you've exhausted these, look into private
loans. Private loans are typically more expensive for the borrower.
Because private loans are not guaranteed by the federal government, they
must be insured privately. This extra cost is often passed on to the
borrower in the form of higher fees and interest rates. While the
interest rates of private loans fluctuate over time, federal loans
remain fixed for the life of the loan. Remember, you can qualify for
loans with a middle-class income.
MILITARY: Military service can lead to qualification for many
assistance programs. GI
bill benefits are available to our men and women who have served our
country as well as Yellow Ribbon military benefits directly from military-friendly
colleges and universities.
LIFE EXPERIENCE: Did you know that some universities will give
toward graduation requirements for your life or professional
experiences This experience may save you some money and courses. Just
because you haven't been in a classroom for a while doesn't mean you
haven't learned valuable lessons.
With so many opportunities to reduce your tuition bill, be sure and
explore all your options today. Call 1-888-999-9844 to ask about the new $2,600
Success Scholarship program at the University of Redlands School of
Business and for information about military tuition discounts and
About the University of Redlands
of Redlands is an independent, nonprofit, liberal arts and sciences
university consistently ranked among the best
universities in the nation by U.S. News & World Report.
Since the university's founding in 1907, Redlands has emphasized
academic rigor, personal development and interdisciplinary studies. An
Education + culture of elevated learning provides students with a holistic
education that results in a unique life transformation. Redlands
students learn equally about service, commitment, life and the world. As
a pioneer in the burgeoning field of spatial learning, Redlands
integrates spatial learning across academic disciplines. At the
innovative Johnston Center, students have the opportunity to design
their own custom
major. Home to one of the oldest accredited music programs in
California, the conservatory-style School of Music educates the whole
musician. Adults may continue their education with programs tailored for working
professionals at the Schools of Business and Education, offering
evening degree-completion and graduate programs at 10 convenient Southern
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