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Saving Money on Tuition
High school seniors have less than two months until graduation. When it comes to college, relying on the "Bank of Mom and Dad" may not cover the whole bill.
High school seniors are wrapping up the final months of classes. Deadlines are fast approaching for dozens of college scholarships. But teachers say you don`t need straight A`s to earn some money for tuition.
"They discount themselves to some degree, thinking there are better candidates out there. But we encourage them to apply. Obviously you won`t win if you don`t apply," said Century High School Counselor Dan Trottier.
For college applicants, the process starts with the FAFSA. Financial aid experts say future undergrads can qualify for thousands based on their test scores.
"So that if you get a certain score on your ACT test during your junior year and take certain courses when you`re in high school, you can also get another 15 hundred dollars per year for up to four years. So it`s another six thousand that the state`ll help take off the bill from the front end," said Gina Padilla, NDUS Assistant Director of Financial Aid.
How about a thousand dollars just for making a YouTube video? The North Dakota Jumpstart coalition is offering that much to a student who can show off some financial sense, including ways to grow your money.
"They can be creative, they can be funny, they can be serious. However they want to do it," said Char Feist with the Bank of North Dakota.
Students have until Monday to post a video for the contest. And if you think just because you`re done with school, you can`t get help with those student loans, you`re wrong. The state is offering thousands in student loan forgiveness grants to people who stick around and work after college, including teachers.
"What it does is, if you qualify in a teacher shortage area, which the shortage areas are defined by the Department of Public Instruction, you can get up to one thousand dollars of your student loads paid for up to three years," Padilla said.
Finally, counselors say don`t get suckered into paying for a scholarship search. You can find plenty of opportunities online or at your high school. Some ways to save you and your parents some change in their pocket.
To send in a video of your own, just click on www.ndjumpstart.org.
Videos are due on April 2nd.