Two Steps for Reducing the Cost of an Associate Degree

A few thousand dollars might seem like a lot of moneycredit hours or 1/3rd of an associate degree. There
to some high school graduates, and it is for many fromare also manuals available for CLEP tests aimed at
typical American households with median incomes orstudents who need to brush up on their knowledge
below. In the grand scheme of college tuition, however,base. It’s important to check with the college first,
it’s not enough to cover one full semester at mosthowever, as some schools will give exemptions from
state universities, much less complete the first twohaving to take classes based on CLEP test
years of college with.performance but no college credit.
Most students who are concerned with getting anTotal cost of six CLEP tests with study guides,
education on a budget know that community andassuming four 3 credit hour classes and two 4 credit
some online colleges offer a way to get the first twohour classes = $450
years of a bachelor’s degree out of the way withEquivalent tuition for 20 credit hours based on a
minimal expense compared to the cost of the sameminimal rate of $80 per credit hour = $1600 plus books
number of credit hours at a four year institution. Still, atand fees.
between $80 and $120 per credit hour, this cheaperThe second step is to pursue scholarships. Many
alternative can easily cost well in excess of $4800 forstudents subscribe to the general perception that all
a two year degree, and that only covers tuition, notscholarships are based on academic merit. While many
books and fees. Though the lower end of thescholarships are based entirely on academic merit,
spectrum is still cheaper than the average annual tuitionsome are based on criteria as simple as where a
at most state colleges and universities, it can seem likestudent was born or the occupation of the
an insurmountable odd to overcome for cash strappedstudent’s parents. Some companies offer
students unable to qualify for federal or state grants.scholarships to students of employees. Some
Still, there are ways to make even the cheapestmunicipalities offer scholarships to students who are
colleges cheaper while still getting the same quality ofattending in the region they grew up in. More
education, and more importantly, saving those studentimportantly, many scholarships are open to students
loans for when they’re really needed.from any walk of life regardless of past academic
The first step is to CLEP. CLEP stands for Collegeperformance or financial status, yet simply never get
Level Examination Programs, and is a way forawarded because no one applies for them. These
students to avoid taking classes in which they arescholarships often come into existence through a
already proficient and save a lot of money in thedeceased person’s will or trust. Some may only
process. CLEP tests, and the corresponding creditsprovide one or two thousand for tuition, but in the case
they afford, are accepted by most communityof a community college degree, that can easily cover
colleges across the nation and cost around $65.a sizeable portion of the total cost.
Compared to a 3 or 4 credit hour class at $100 perThe trick is to look into available scholarships outside of
credit hour, that’s quite a savings There are limits tothose offered by educational institutions. Most students
the number of credit hours a student can CLEP out of,would be surprised to see how much money is out
but most educational institutions will allow up to 20there and how easily it can be obtained.