ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Saving Money on College-Taking advantage of Flat rates

Updated on June 14, 2013

There is a lot of money to be saved while pursuing your higher education. You could live with multiple people in housing, clip coupons, sell homemade wares, or many other things, normal to the radical. The money saved with any techniques I have read, do not seem to be a real way to save big money on your college education.

With college education prices soaring, tuition has rose over 100% in the public sector and over 60% in the private sector, all within the last ten years. As inflation hits our dollar, everything involved with college cost have risen, so we all need to find ways to save a little money.

The best way that I have found to save money on my education is taking advantage of my college's flat rate offer. I was thinking that it was focused on only online colleges, but i have learned that even most Universities offer the flat rate after 12 credits a term. So you can actually take 16 or 20 credits a term without paying a dime more. Doing this, every credit drops in cost and time can be shaved off those two and four year graduation.

So how do you save money this way? Take extra classes. Not only will you save major money per credit, you can get your degree a lot quicker and really, who doesn't need to get in the job force as quick as possible to pay off those student loans. This may be especially helpful when student loans are destined to double interest rates by July 2013.

With my college, tuition for a term is full time flat rate of 253 per credit. At 16 credits it was less than 150 a credit and less than a hundred when I went to 20. Realistically I think most students could focus more and take ono extra class, even if it is just one. One extra class could save you over nine thousand and 6 months off you school time, double for two extra classes. Imagine, a year off your time in school and 20 thousand that will not be compounding interest while you scrimp to pay if off, the smaller amount will also warrant smaller payments.

Like I said, many ways to save on college, but how many can cut your cost by a third and take a year off your education. Yes, it takes some buckling down, but really what else are you going to school for?

Comments

    0 of 8192 characters used
    Post Comment

    • kaiyan717 profile imageAUTHOR

      kaiyan717 

      6 years ago from West Virginia

      That is a very good point, don't bite off more than you can chew! I started at a normal full-time case load and I add a class each term, up to 80 credits a year now. It is definately not worth it if you fail a class, mot financal aid will make you pay to retake the class. But, if you are handling classes and can take on more, the benefits are huge, but a certain level of commitment is needed.

      Great alternative cash saver!

    • phdast7 profile image

      Theresa Ast 

      6 years ago from Atlanta, Georgia

      You are absolutely right. A lot of institutions now offer a flat rate. I teach at a private university and the semester cost is the same whether you take 12, 15, or 18 hours. which is 4, 5, 6 courses.

      All I would add is that very few people can take six classes and also work more than ten hours a week. I have seen many students try and work 20 -30 hours a week and they failed a couple of classes. So they didn't really save any money and they were horribly stressed out.

      My advice: Work two jobs over the summer and save as much as you can. During the school year try to get a 10 hour a week job on campus. It won't pay great, but you will already be on campus. Doing this you can save thousands and cut 6 to 12 months off the time it will take to complete your degree.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)