Education and Funding

Again thank you all for the great help on this as I now have an appointment with the head financial guy at Heald College on Monday. I explained to him what I was looking for and he said he can definitely help out in this.

Olgar you have peaked my curiosity on the "options" and would definitely like to know what you mean.

Thank you again everyone and hopefully Monday will go very well.
 

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OK, here goes ... the options I'm taking about are military ones. If you're going to a school with an ROTC program, you can compete for two-, three-, and four-year scholarships that will cover tuition, fees, pay a stipend for books, and pay a small monthly living stipend. Some schools, like the one I went to, threw in free room & board for the duration of the scholarship. The advantage to you is that you get your money up front, and live like a normal college student except for taking the additional ROTC classes and doing ROTC-related training. You'll owe the service time in return for the scholarship once you graduate (likely active duty, but there are guaranteed reserve duty scholarships) -- but there are worse things than having a guaranteed job when you graduate. Once in the military, there are lots of options for free education if you know how to find them -- we send people to fully funded medical and law school every year, as well as graduate programs (both Masters and PhD). I just finished my Master's on the Army's dollar -- they paid for eveything (well, except for my parking fee), and I still drew my full salary while going to school. There's nothing quite like getting paid to sit in class. If this interests you, check out the local ROTC (if your college doesn't have one there, it may have an agreement to cross-enroll with another local school that has a unit).

If a post-college commitment doesn't appeal to you, the Reserves and National Guard can provide quite a bit of financial aid while you're in school. You'll have to get job-qualified, which means attending full-time basic-training and job training for whatever your specialty is first. Once that's done, you're eligible to draw Reserve GI Bill benefits, which is a check written directly to you each month that you're enrolled. You'll drill with your reserve unit once a month (drawing that pay). In addition, there are additional benefits depending upon your unit and job skill -- the Army Reserve had been offering up to $5000 cash enlistment bonuses, and up to $24,000 in student loan repayment (the numbers have changed slightly; see a reserve recruiter for current ones). The National Guard and the other services have similar programs.

Obviously, not everyone cares for this approach -- it entails a bit of sacrifice in terms of time -- but the educational and job benefits can be immense.
 

Olgar, ahh, I now completely understand and when I did graduate high school I was looking to join the Air Force but then realized that with my bad eyes there was no way they woudl let me fly so I never enlisted. Now at my ripe age of 32 and my increasingly bad eyes thee is no way any military orginixatin would touch me with a ten foot pole. I had a friend who went the Marine route and he has a pretty cushy job making some serious cash and he was able to travel the world some. I thank you for the advice and I should have explained myself a little more in my original post.

Thank you all for the help.
 

Actually, you can join the reserves up until your 35th birthday ... but you are too old for ROTC. As to eyesight, you might be surprised.

Good luck with your financial aid search!
 


You can fill out the FAFSA at http://www.fafsa.ed.gov/ You will need to apply for a PIN number. The FAFSA will take care of checking for federal student aid (FSA) programs such as PELL grants, subsidized loans (Govt pays the interest while your in school), unsubsidized loans (You pay the interest while in school). Alot of schools also use this form to determine if you qualify for thier programs. Make sure you submit a FAFSA as soon as possible after you file your income-tax forms.

The only other advice i can give you is to make sure you attend the financial aid seminar at your school, for some schools this is mandatory. And make sure you see a financial aid councilor and ASK questions, even if you think they might be dumb questions, ASK. Some of the people I have talked to in FA offices are overworked and underpaid and won't automatically offer up information. So if your looking for a housing grant, ask if ther is one you can apply for.
 

Well my meeting with the financial advisor at Heald College went really well. As long as I sign off on my first-born child I can have the government pay my way through college. Otherwise I made way too much last year and I still make too much money this year, even though I got laid off and my pay was cut in half. So I can either get a Student Loan to pay for half my tuition and then pay $580 dollars a month, or get a private loan as well to pay for the rest or I look into other ways. I still need to check out that link that Olgar sent out so I still have hope. Otherwise I just try and go out and get a few Cert.’s in A+, MCSE 2000 and Cisco but I don't get any degree. Damn my stupid decision not to go to college after High School.

Thanks again people for the help.
 

As a follow up I am actually starting school on June 5th and am attending Anthony’s School of Real Estate to get me Appraisers license. My uncle owns his own commercial real estate firm so I definitely have the contacts and I think I will enjoy this more than most anything, as I will be working on my time essentially. Well I am hoping to be my own boss and contract out to different Real Estate companies. Anyway, I just wanted to thank everyone again for all the help and to let you all know what was going on if you were still at all curious.

Thanks again people.
 

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