High College Cost Out of State Problem? No Problem

เขียนโดย montana | 07:42

Out of state students always seem to have problem with paying for college. They do not know the out of state issue does not have to be an issue. There are many ways and tricks to eliminate the obstacles and enroll out of state without paying a penny more. Here we discuss tricks, techniques, and procedures students can use in order to receive financial aid for their favorite college without being limited to their local state.

Overview

If you are planning on attending, or if you already enrolled in a college that is out of state this section is for you. The out of state problem is nothing else, but higher than normal tuition costs. The other costs could also go up as they may be impacted by the distance from home. Travel and other needs arising from being away from home increase the overall college cost. Make sure you take that into consideration when applying.

Financial aid does exist for your situation. The actual process for applying is exactly the same for in state and out of state students. You will have to submit your FAFSA application. The only difference will be the address on that very application.

Solutions

There are two ways for fixing the out of state problem. First we can ignore the problem and try to get more free money. In many cases the higher tuition can be solved by more financial aid from other sources.

Second approach requires some work, research, and finding few friends here and there. The solution is based on making you look like a local student submitting FAFSA application within the same state.

Get More Financial Aid

Very often students entering college out of the state have to pay higher tuition fees. This does not have to be the case. You can always look for more grants, scholarships, or other forms of aid and completely ignore the higher tuition cost.

Check if the state you are entering has a program for out of state students. Very often programs like that exist. They were invented to help you minimize the extra college cost. In case the state does not provide financial aid for out of state participants look for grants and scholarships from other institutions that do not care about the residency. Most private organizations will waive the residency problem and provide help.

Check For Neighboring States

It is not uncommon for states to "team up" and offer discount programs for out of state students. This scenario is sometimes referred to as Neighboring State Financial Aid.

In case you happen to live in a state that teams up with the state you plan to enroll, your problem is solved and all you have to do is contact your school and find out financial aid procedures.

Become a Resident of a State

The first approach here is to follow up with the state financial aid agencies and ask for out of state rules and policies. Try to research residency law for a given state. Find out what it means to be a state resident for financial aid. Once you know the rules you can use the approaches below.

Buy Property Out of State

Considering property prices these days, students could buy a super cheap house in a given state months before applying for federal or state aid. This would count towards the residency and it would help to apply for financial aid as a local student.

It is possible to buy property before you attend college in your new state and become a resident. States have rules dictating who is a resident and who is not. This is driven by the amount of months you lived in that particulate state. The number of months varies from state to state and it ranges somewhere between 3 to 24 months. This is not bad and could be worth it.

You have to calculate if the extra cost is higher than the super cheap real estate in the given state. This should not be a problem in many states these days.

Rent Property Out of State

This approach is the same as with buying property, but instead of buying you would be renting it. Same residency rules will apply and you will have to prove your eligibility.

Again your task is to calculate if the extra rent is still cheaper than the increase in college tuition. If you are away, or you plan to be away, from home this is the natural solution.

Contact The School

Your new school holds all the information you require. They will explain you all financial aid rules and the application process. The school is also well informed about state residency rules. They may even go as far as help you obtain financial aid.

Summary

The out of state issue is not as bad as it seems and it can be solved. The best solution for it is to apply for more free financial aid and continue on. This approach involves the least amount of work. In a scenario where more aid is not possible or the financial aid that is possible is not free try becoming a resident of a state by owning or renting a property.

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