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7 Ways to Educate Yourself While Saving Money

educate yourselfEducation is very valuable at any stage in life. It can be a great investment because knowledge is power. The more knowledge you gain, the better off you can be in the long run. There are many ways that you can educate yourself nowadays, however, education can still be quite expensive. 

From tuition fees to course literature, there can be many costs to consider when studying for a degree. Whether you are considered a traditional or non-traditional student, the costs will rack up very quickly. Here are just some ways in which you can reduce the overall costs of learning in order to educate yourself. 

7 Ways to Educate Yourself While Saving Money

Getting an education can be very rewarding. However, it can still be considered a huge expense so you will want to figure out how to educate yourself and still save money. Take a look at some of the ways that you can do that. 

1) Study Online to Educate Yourself

Studying online is a popular option for those that want to save on costs.

Not only are tuition fees sometimes cheaper, but studying online…

  • allows the option to study from home
  • saves costs on having to travel to a campus and rent accommodation
  • allows you the ability to study flexibly

Studying online also makes it possible to easily work a full-time job around studies. In fact, some students are able to earn money as they study and pay for their tuition fees, allowing them to graduate debt-free.

Online courses are now available in almost every subject with the likes of Baylor University Online even offering courses such as nursing. Requirements for online courses are generally the same as normal courses. Studying online requires a lot of self-discipline and it’s worth keeping up a study schedule so that you’re able to keep up with the workload.

2) Study Abroad

If you want to educate yourself and travel, try studying abroad. You may also be able to save money by doing so. In some countries, higher education can be cheap and even free in cases such as Germany.

You do need to factor in:

  • the cost of living, and
  • the cost of traveling abroad

However, in many cases, it’s still much cheaper studying abroad than taking a domestic course. For many people, it’s an opportunity to not just get a qualification, but to travel the world and gain new and exciting life experiences.

Colleges across the world have their own application systems and requirements – it could be worth talking to a study abroad advisor to help you through the process. Most courses around the world are conducted in English. However, you may still want to learn a few key phrases before traveling to study in a non-English speaking country.

Related: 14 Steps to Get a Serious Head-Start in Life

3) Take an Employer-Sponsored Course

It’s also possible to take an employer-sponsored course to educate yourself. This is when an employer of a company pays for your tuition in exchange for you working at their company once you graduate. On top of effectively allowing you to study for free, employer-sponsored courses also offer the security of a job after studying.

Sponsorship opportunities are few and far between – sites like The Scholarship Hub offer information on some of the companies that offer them. There’s generally a rigorous application and interview process as you need to be able to prove to an employer that:

a) you’re a right fit for the company;

b) you’re likely to knuckle down and pass the course

Failing to pass the course may result in you having to pay back the tuition fees, so keep this in mind.

4) Look Into Grants

Some students are eligible for student grants. Unlike a loan, this is money that you don’t have to pay back.

Student grants are usually:

  • only available to students with low-earning parents/guardians
  • aim to cover living costs such as accommodation and food (although generally, these grants aren’t large enough to entirely cover these costs).

There are federal grants and state grants worth looking into. In rare instances, colleges may even give out grants to specific students. On top of this, local charities may be able to offer some form of funding. Sites like Sallie Mae offer more information on college grants.

5) Buy Used Books

Buying used books can really help you educate yourself. Some courses can have extensive reading lists. Buying all these books brand new could be very expensive. To save money, consider buying used copies online – these will usually be a fraction of the price.

If the reading list for your course is the same as last year’s, see if someone may have a copy that you can borrow. It’s possible that students in the year above will be able to sell you their copy for cheap. Some colleges may even have Facebook Pages or student union shops dedicated to trading books.

Related: 10 Sites to Find Super Cheap Textbooks

6) Download E-books to Educate Yourself

Another way to save money on course literature could be to download e-books. This could require you to invest in a tablet or e-reader first. However, given the low cost of e-books compared to paper books, you could still save a lot. You can shop for e-reader discounts online.

7) Share Resources With Other Students

It’s possible that you may be able to share certain resources to save money. To save you from buying your own printer, you may be able to share a printer with another student. The same could be possible for certain books or equipment.

Certain colleges may have online groups set up for sharing these resources. If not, you may be able to set up your own Facebook or WhatsApp group dedicated to sharing resources with course mates, helping everyone to save money.

(Bonus!) Educate Yourself By Making Use of Free College Resources

If you’re studying on campus, don’t forget to take advantage of any free campus resources that may be available. All colleges have their own library where you can usually take out books for free – some of these books may be ones on your reading list (although usually, such books are hard to get your hands on, as everyone on your course will be trying to take them out).

On top of the library, the campus may also have:

  • free computers
  • free printer services

If you don’t have your own computer, this could save you having to buy one. Some colleges are able to lend out free laptops to students under a certain income, however, you will usually still have to pay for any damage.

Time to Educate Yourself!

Education is very important. Obtaining the knowledge you need to pursue the avenues you want in life can be expensive but it can still be done. You can educate yourself and save money just by using some of these tips. The reward of your education can be very gratifying.

Could it be time for you to save some money and educate yourself?

The post 7 Ways to Educate Yourself While Saving Money appeared first on Life And My Finances.

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