March 17, 2009

Parent's Who Don't Qualify for Grants

The average college graduate leaves school with over $19,000 in student loan debt. Finding a scholarship helps reduce or even eliminate the amount you will need to take out in loans. But, what happens when you only get a handful of scholarships, if any?

According to the College Board 2008 report, students who took AP (Advance Placement) courses in high school accumulated a year's worth of credits. Also, graduated from an undergraduate program a full year early, and saved $30,000 in college tuition. Students who take longer to graduate from a public college or university typically pay between $8,000 and $19,000 for each additional year. The typical college cost per year for a four-year public college is $7,662 for in-state students, and $18,529 for out-of-state students.

Talk to your high school counselor for more information regarding AP courses or go to http://www.collegeboard.com.

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