Full-Time Work and Part-Time School—or Vice Versa?
Tips for figuring out a schedule that works for you
As college tuition rates continue to rise, students are exploring alternative options. Many work full-time jobs while attending part-time classes; others work part-time hours and manage to juggle full-time coursework. While there's no "right" way to go about earning your degree, there are some things to consider before deciding whether work or school should take a full-time status.
Top-Colleges.com brings up some important points regarding this dilemma:
- What is your current job situation? If you already work, perhaps your motivation to get a degree is to increase your skills and qualifications in your current field. Continuing to work full time and take classes part time may make the most sense in this case, especially if your employer offers tuition reimbursement.
- Is there a big advantage to getting your degree faster? If you feel confident that your income will drastically increase only when your degree is obtained, then full-time school may help you acquire those important qualifications more quickly. Also, a degree may be necessary to obtain even an entry-level position at your dream job, so you'll want to have your degree as soon as possible.
- You should also take your full-time/part-time student status into consideration when thinking about financial aid. Loans are determined based on your income and your school fees, so if you're taking classes part time and working full time, your aid will be much different than that of a strictly full-time student who doesn't work.
In addition, grants, work-study programs and scholarships may or may not be available depending on your student status. Learn more about part-time and full-time student aid at www.studentaid.ed.gov.
Whether you choose to take one class per semester or juggle a full course load and 20 hours of work each week, take all aspects of your life - not just finances - into consideration. The good news is that with so many flexible jobs and degree programs, you'll most likely be able to find a schedule that works for you.
If you have any questions or concerns about financing your education, give us a call today and let our experts offer their advice.