Parents who are planning to send their children into college or university and don't know how to meet the expenses need no longer to worry about it any further. Although student loan is a viable option to make use of, but the present recession that has led unemployment to hit its highest mark, millions of people are losing their job. And along with banks declining to grant loans, people are forced to curtail their expenses.
The ground reality is this. In most of the cases, the cost of a year of college education is equal to over double the present minimum wage income for a regular civil servant. Undoubtedly, this is equal to a considerable amount of money. In this scenario, the student loan help (FAFSA financial aid) becomes the only option available to students.
FAFSA or federal student financial aid is an excellent way to meet the costly college bills, and give your children the kind of education they are looking for. However, it being a loan, parents have to pay back the whole amount to the bank along with interest.
However, there are alternative ways to make money and not to worry about borrowing money to meet college expenses. These include:
o Academic or Athletic Scholarships
o Tuition Reimbursement From Your Employer
o Pay as You Study
o Attend College Part Time
o Withstand Heavier Class Load
o Graduate School
o Start Your Own Internet Business
Online business is a great way to make money that will help you to get financial benefits from the privacy of your room. Beginners could find the concept unacceptable as many do not have the basic knowledge of computers and how to run them as well as the internet. However, let it be clear about one thing - the basic information is not a big deal for a layman. And making money through online business could be done easily.
The basic concept in internet marketing could be broken down into two entities: a consumer and a product. The marketer's job is to bring an alignment in these two entities for a transaction to happen. In the deal, you get a commission, as it was you whose efforts and techniques led to the sale.
One of the best online business is online tutoring.
Online tuition is much cheaper compared to private tuition in providing individual attention and is easily available. The only requirements for online tuition are a computer, an internet connection and a headset with microphone. A thorough market analysis is the first step in launching online education. The next steps are to find the target audience that defines market strategies to get hold of the market.
As a start, one should launch a website that provides complete information about different services, tutorials and study materials that are provided to students. Next is to hire qualified faculties for online tutoring. In this regard, remember that people who have in-depth knowledge in a particular subject should be hired so that student during their tutorial sessions can make the most of their time.
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