How to get a master's degree without going into debt

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  1. RGraf profile image87
    RGrafposted 14 years ago

    How to get a master's degree without going into debt

  2. shirleybill profile image59
    shirleybillposted 14 years ago

    That would largely depend on what type of masters degree that you are looking for.
    Now, if it's a Masters Degree in Biblical Education, then i could help out on that part.

  3. vashal profile image58
    vashalposted 14 years ago

    There should be scholarships and federal aid available, although I think the amount of federal aid you're qualified for goes down for any degree beyond a bachelor's. If you're already working, some companies provide tuition reimbursement. Sometimes it's a flat rate, other times it's based on the grades you get in the classes you take.

  4. ashleysays profile image59
    ashleysaysposted 14 years ago

    Most often you will have to take on some debt.  If you can't do that, try a public school in your state-- that will keep your tuition low.  Apply for grants outside your school.  Apply for scholarships within your school.  Get a TAship or RAship, these will offer tuition waivers or at the very least a stipend to offset costs.  These are if you go full time.

    A lot of people go to a cheap school, take one or two courses at a time at night or on Saturdays and work full time.  They pay for it out of pocket and just wait to reap the monetary rewards after the degree is earned.

  5. profile image0
    jenp123posted 14 years ago

    You have a few options to get a masters without going into debt. The government offers grants; you will need to fill out a FAFSA at http://www.fafsa.ed.gov/ to see how much funding you may be eligible for.

    Also consider that many masters programs let you enter part-time. This is helpful because you can work while getting your masters. In that case, you may even be able to find a job that will help pay for your masters, if your job is related to the degree you are getting.

    Also, keep in mind that most student loans are considered "good debt," meaning you will have a low interest rate and credit agencies will see this as good debt in relation to your credit score.

 
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