Government loans are a popular way to fund tertiary education. There are pros and cons to accepting one but if you have no option because you can’t get scholarships or access family funds, then a government loan will at least offer lower interest rates and favorable repayment terms than other loan types.
Searching for and filing information requests for college scholarships takes a lot of time and effort. Many students feel frustrated with the slow pace at which this endeavor seems to occur. However, it is important to realize that every dollar of your college education that is funded by scholarship money is a dollar that will not have to be repaid with interest! Additionally, the “seek and find” required is only the beginning. The real effort comes with a preparation of the college scholarship essay. Filling out the blanks and checkboxes is not as crucial as preparing the custom written essays required by every single scholarship application. The following ten tips will assist you with the process.