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Alternatives to Student Loans

As college expenses continue to rise, student loans are seen as the only financial option for many college-bound students. The problem is, the higher the tuition cost, the more students have to borrow. While student loans are a temporary solution to immediate financial assistance, borrowers are reminded they must be paid back, with interest.

It’s common for many students not to qualify for enough money to fully cover their tuition, where they’re forced to find another source of aid to cover it. While fear of debt can discourage students from pursuing college, a lack of money can keep them from finishing college.

Fortunately, there are financial alternatives outside of student loans to help pay for college tuition. The best part? The money awarded does not have to be returned.  

SCHOLARSHIPS

Scholarships are financial aid awarded to students that are specifically designed to cover college tuition and, at times, associated living expenses and study abroad...

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