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Personal finance
Course: Personal finance > Unit 9
Lesson 1: Introduction: Paying for college- Sal Khan's story: Paying for college
- Overview: Paying for college
- Best strategies for funding college
- 4 Most Important Considerations in Analyzing College Costs
- What to do when parents are divorced, and in situations with step-parents, foster care, etc.
- How do I know if I qualify for need-based aid?
- Cost of in-state vs out-of-state tuition
- Watch out for scholarship displacement!!
- A message to parents on paying for college
- Timeline: Paying for college
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Sal Khan's story: Paying for college
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Which college should I join Kerala . I'm actually in 10th.. I like Maths, Physics and Chemistry..I also want to join a field of aeronautical engineering . Which college should I join friends..?(8 votes)
research all colleges available there and the one's which best fit your interests.(6 votes)
sal khan how good were you in school(3 votes)- I mean, the dude got into MIT, which is a super prestigious and rigorous school, so I think he was pretty smart.(5 votes)
So how can you start thinking about this in middle school?(3 votes)
ok, so I did a lot of thinking about college in middle school and all it did was serve to stress me out big time! If I was you, I would think more about what career you want to go into. I didn't start saving for college until I was a high school sophomore and then all my paychecks went into the bank. You can start saving, but don't stress. You still have some time!(5 votes)
how can i find certain scholorships? are there scho.orships for art(3 votes)
Hi There,
oh I noticed your bio says your interest in Art therapy I have once been a pediatric patient art has helped me cope with my chronic illness your entering a great proffesion to start looking first you need to understand what requirements for scholarships in area and field I hope this link can help you on your path its the American Arttherapy Association they have resources for students which can help you start etc. In research of what requirements etc. And maybe can actually direct you to colleges located in area that also have scholarships I hope this link can help you good luck!
http://arttherapy.org/
Best Regards
Katrina(3 votes)
For my degree I earned in Canada, I worked to save up money. The US dollar was far stronger than the Canadian dollar so I was able to pay and graduate from there debt free.
My next degree I earned was paid for by the military. As long as you pass the work, the service will cover your tuition and you only have to pay the book and tech fees. Thus, it is also important to find a school that is friendly to service members/veterans.(3 votes)- How can a student get scholarships, financial aid , and grants?(2 votes)
Internet searches are your friend. Scholarships come from many places (organizations, the colleges themselves). Grants are usually through institutions. Financial aid is through the college you plan to attend.(2 votes)
i heard the chances of getting into colleges like stanford and dartmouth are slim. Is there anything i can do to up my chances getting in other than studying and prepping all i can(2 votes)- Hi Kakupotnuru,
The SAT's can be a factor the higher your score the more Universities and College's you can be accepted for admissions , the next thing you can do is gather letters of recommendations and commit to volunteering for a cause sometimes through networking etc. it can lead to scholarships or job opportunities but it's also shows well on your portfolio for applying to a college or University. Another thing is developing a hobby if you don't have one some of us are a specific art but sometimes after school programs focusing on STEM ( building robots) or computer coding are considered a hobby other things like being a tutor or Mentor( peer support) can be a great option to add to your admissions portfolio.
Also way your options as well sometimes local or smaller Universities and College's offer more one on one academic support depending on the career or area your going in having more academic support will be crucial to the growth of the field for example some Scientists find they have had more mentoring on Research within there smaller based college/ Universities then IVY league schools now Standford and
other top Schools may offer better access to resources compared to support which you may want as always be open to all choices. Next Coursera , Edx offer free online courses from Standford etc. anyone can audit the courses you will have to purchase for verification certificates or Nano degree type of courses but they may be a option for you in future endeavors.(2 votes)
I studied my B.Tech Mechanical Engineering in a mediocre University in Tamil Nadu and have a 7.5 GPA. I wanted to do my MS in Mechanical Engineering or Automotive Engineering in Europe, especially in Germany. But I wanted to gain some work experience before doing so. Hence I have been working in a service based MNC that provides automotive solutions to big OEM's for close to a year now. I have plans to apply for MS in Germany for the 2017 intake. I don't have a A1,A2 in German. Do I have any chance of getting into a reputed university at Germany? if not, please suggest the universities to apply for in Europe.(2 votes)
I have a very important question, I am wanting to be a mechanical engineer and go into the air force...do you think I should make that a career in the Air Force or should I do schooling for it as well. The benefit that I have is that the military provides free schooling but I am wondering if there are any set backs to doing so. It would really help me if I could understand this a bit more. Thank you in advance for any future answers.(2 votes)
Even though military academies are free, you'll have to serve in that branch for a couple of years. After that, you can stay or pursue a career elsewhere. The military academies should teach roughly the same as any 4-year college.(1 vote)
- Where is the like button,
always look for it,
never found it.(1 vote)- Khan Academy is not facebook. You can post a "tip or thanks" for a lesson, or use "upvote" for someone's question or answer.(2 votes)
Video transcript
- So when I was in high
school, back in the 90's, even then, college was, at
least from my point of view, very very expensive and now
it's only gotten more expensive. And I remember thinking,
there's no way I'm going to be able to go to a school,
at that time that cost 10 or 15 thousand dollars a
year, now those same schools cost 30 or 40 thousand
dollars a year, at least. That's the stated price for tuition. You know, my mom was a
single mom, she kind of sometimes worked as a manager
at a convenience store, she did a bunch of series of
jobs to kind of make ends meet. We were on, depending on the year, free or reduced lunch
and so I just imagined, my only option is you know,
either go to a local school or get a full ride scholarship if I can. But then my sister opened my mind, she was three years older, she
applied to Brown University, which at that time the stated
tuition was I think already in the high teens, thousands, if not 20 thousand dollars a year. And when she applied she then
applied for financial aid, and I didn't even know this thing called financial aid existed. And so she got some federal
grant money, she got some federal subsidized loans,
Brown gave her some grant, gave her some loans, then
there was some small parent contribution and then she
also had to do work-study. But they made a package for
her so that she was able to go. Now it wasn't easy, she
had to do some work-study, my mom didn't have to
do some contribution, she did have to take on some
debt, but she was able to go. So that completely opened up my mind, so when I applied to college I didn't let that be a constraint on me. I said let me just figure out where I really want to
go to college because I knew this financial aid thing existed. And what a lot of people
don't realize is that some of the most selective colleges, that have at least the
stated tuition is high, actually have some of the
best financial aid programs, they're very very generous
with their financial aid. And so I applied, and I got
into MIT and then I did the financial aid process and it
was incredibly good, I thought. It made it very... I left MIT with about 30
thousand dollars in loans, I had to do some work-study, but overall it made it
affordable, very doable. And for me, that 30
thousand dollars in loans, I couldn't imagine a better
investment in my future. So I would say you have to be
careful, you don't want to get too far in debt, you
definitely want to weigh what you're going to take on
in terms of debt and aid versus what you might be able to
make and career possibilities. But you know I think it was
a very powerful thing for me to see my sister and what opportunities are available that aren't always obvious.