5 Ways You Can Get Paid to Go to School
Going to school should be an exciting experience and not painful for your finances. These days, college is getting more expensive, and making money is a big deal for most students, especially those who do not have financial support from their parents or a Swiss bank account.
Most countries’ economic situation leaves students with no other option than to opt-out of school and take up jobs to make ends meet. Such students can end up being engrossed in making money that they may end up forfeiting school in the long run because of the huge expenses of going to school.
Luckily there are many options available for all students who hope to make money while in school, keep the costs minimal, and even get paid to attend school.
In this post, I will be showing you some of the TOP 5 ways to get paid to go to school.
- Get Tuition Reimbursement from Your Workplace or employers
The worst part about getting a student loan to sponsor your education is that it leaves you broke in college. Even if you secure a job to pay off the loan, you will still be broke throughout college because you will have to look for ways to cut down your expenses. Therefore, one of the ways to prevent such scenarios is o avoid taking student loans completely. Instead, look for jobs in companies that will allow you to school in the long run. Start working early in those companies and apply for tuition reimbursement from them.
There are many companies in the corporate world that provide tuition reimbursement for their employees to enable them to pursue their education goals. Thoroughly search for permanent job positions that offer this tuition reimbursement. You can also search for paid internships.
If you’re seeking to get paid to go to school, then you should check the educational benefits of such a job opportunity in the job description. This way, you can easily spot companies that pay employees for higher education.
You must note that companies have varying policies when it comes to the matter of tuition reimbursement. Some may choose to pay off all your expenses while some others have monthly and yearly limits, and you’ll have to source out ways to pay for the remaining expenses incurred during your study period.
Consequently, some other companies will require you to maintain a certain grade point and academic performance to qualify for their tuition reimbursement policy and to keep benefitting from it.
Furthermore, if your company provides tuition reimbursement in accordance with IRS rules, your minimum wage will not be taxable until it reaches a limit of $5,250. All amounts you receive after this point will be taxable.
You must also note that no company will pay to study just any course you wish. Instead, they will provide tuition reimbursement to support your educational pursuit only if the course will help improve the job you do for them and is in line with their overall goals.
Therefore, if you want to be paid to school, you have to search for jobs in line with your area of passion or field of interest or read up their reimbursement policy. For instance, you can’t be seeking for tuition reimbursement to study mechanical engineering while you’re working in a bank. It is a gross misplace of priority. Rather you should look out for engineering firms that offer such benefits to their employees.
- Sign up for student scholarships
Top colleges and universities of the world offer scholarship opportunities to encourage exceptional students. These exceptional talents range from outstanding performances in science and mathematics. Also, some scholarships reach out to gifted students in sports and other relevant areas as well.
Similarly, if you belong to a minority ethnic group, you can also qualify for a minority specific scholarship. You can visit the official website of your preferred university or consult with high school counselors to get more information on scholarships and grants for students.
You must also note that not all scholarships and grants cover your full educational needs; therefore, you need to be prepared to source for the remaining yourself. However, most of the opportunities will help you pay off your general university expenses and tuition fees.
Grants and scholarships are some of the most reliable ways of making money as a student in college. It is undeniably one of the best ways for college students to reduce their educational costs. One of the easiest and most reliable ways of finding scholarship opportunities online or by signing up for Scholarship Owl. You can also search afterschoolafrica.com for information on the latest scholarship opportunities for students.
Recommended for you: 13 Practical Ways to Make Money as a Student (or as Anyone else)
- Enroll in Community College Education
One of the easiest ways to get paid to go to school is enrolling in a community college. You can earn a two-year associate degree or bachelor’s degree by studying at a community college.
To qualify for financial aid for community colleges, you can sign up for the Pell grant or fill the FAFSA form annually. The benefit of studying in your community college is that it supports people who work and go to school alongside.
More so, most communities have free tuition opportunities for residents in their communities who wish to pursue their education in the community college.
The community college management decides your eligibility upon how much you need for the schooling.
The most commonly awarded community college education awarded grant is the Federal Pell Grant, which provides financial assistance worth $6,345 to full-time students. Pell Grants aren’t only limited to community colleges; they can cover full tuition fees in most college community degree programs.
Merit and Minority Scholarships and Grants
Most universities across the world offer merit and minority-specific scholarships to attract desirable students. They may also have special grants for students with special talents and abilities. The best way to find information about such opportunities is through a college counselor or other resources provided by your preferred institution.
- Join the Military
Joining the military in any nation is an honour. It comes with lots of loaded benefits like higher education financing. Each arm of the military has varying policies and application processes.
For example, in the US, if you’re eligible for the Military Tuition Assistance program, you can receive up to $45,00 per annum. Also, such grants cover all expenses, including tuition fees, book expenses, and other necessary expenses.
Asides from that, the GI Bill provides full tuition reimbursement for all military personnel and veterans. The reimbursement program provides about three years of complete educational assistance to qualified persons.
If you’re in the US, you can check out further details about the military educational assistance from the US Department of Veteran affairs. They have a comprehensive list of payment rates and comparison charts on their websites to help military personnel who need educational assistance.
- Military Tuition Assistance- thus, programs pay eligible officers up to $4,500 annually. It covers full tuition fees, required college fees, books, and course materials.
- The GI Bill- since its inception after World War II, the GI Bill has undergone lots of modifications. Depending on their area of service, military officers and veterans have the liberty to choose either the Montgomery GI Bill, which comes in different forms for active-duty military officers and reservists in the US army. Each financial assistance lasts for 36 months. However, they may differ in the amount paid. For example, under the US army, the MGIB-AD pay students up to $2,122 per month for each academic session. The Post-9/11 GI Bill, on the other hand, will cover full tuition fees for in-state students at public universities.
- Survivors’ and Dependents’ Educational Assistance: This program is designed to help provide educational funding to aid the dependents of some military officers and veterans.
- Need-Based Grant
Similar to scholarships, you can also receive government grants to see you through your college or university degree program. While scholarships give talented and outstanding students the opportunity to pursue their educational goals, grants help the needy pursue their educational goals.
The government is responsible for finding most grants. There are other amazing grants sponsored by non-governmental organizations and private companies as well. If you eventually qualify for any, you will receive monthly or yearly financial benefits.
If you want to get a need-based grant, there are many options you need to consider.
First, you need to target federal grants managed by the US Department of Education. Over 12 million students in the US currently benefit from this grant.
Secondly, you can also target private grants as well. Most private grants only target their employees and their dependents.
Thirdly, you can also target grants by professional associations you belong to. Most professional bodies provide financial assistance to their members who wish to pursue an education in specific professions. This means if you want to pursue some courses in engineering or medicine, you can look out for financial grants from these professional associations.
Can I Really Get Paid to Go to School?
Yes, from the facts shared in this post, you can see that you can actually get paid to go to school. If you’re passionate about pursuing your educational goals but lack the required finances to bring them to actualization, you can consider being paid to go to school. The best practice is to apply for a scholarship, grant that you’re aware of.
How Much Money Can I be Paid for Going to School?
The answer to this question totally depends on the type of program you’re signing up for. If you opt for scholarships or grants, they can be worth over $1000 to even $40,000 a year.
The first option students opt for when they lack the finances to pursue their educational goals is to apply for a student loan. While this is not totally wrong in itself, you can adopt other alternatives, like getting paid to go to school.
And in this post, I have shown you the top 5 ways to get paid to go to school. I hope you found them helpful.