It takes strength and resilience to pursue your education when financial insecurity is a part of that experience. Finding yourself suddenly unable to pay tuition is a stressful circumstance, and we want to help. With these steps, we hope to equip you with the knowledge you need so you can tackle this situation with confidence. Take a deep breath, and let’s get started.
1. Ask for an extension
If you are approaching the payment deadline for your tuition, reach out to your college’s financial aid office. Explain your situation, and request an extension. You’re going to need a little more time to figure this out.
2. Find out if you qualify for Special Circumstance
If you’re financial situation has changed from the time you submitted your FAFSA application (whether that be from a parent losing a job or unforeseen medical bills), apply for special circumstance consideration. The financial aid office will be able to provide a form for you to fill out, and you may be able to receive further aid.
3. Inquire about a Tuition Payment Plan
Rather than paying a large sum upfront, communicate with your college about a payment plan. It will allow you to pay smaller, more frequent installments over the semester. Keep in mind, these plans may have additional charges. (Though you will not have to worry about accumulating interest).
4. Consider work study
You may be able to reduce the cost of your tuition by working for the university. There are all kinds of jobs on-campus that may appeal to your interests and allow you to strike a deal with your school! You can learn about different jobs on-campus at this link.
5. Make a fundraising profile
If you’re unable to pay your tuition, you may want to ask for help through fundraising websites such as GoFundMe. It may feel intimidating to ask for money from family and friends, but there are generous people out there who may be willing to contribute to your education.
6. Take out a Short-Term Loan/Emergency Loan
Emergency loans or short-term loans allow you to take out the money you need and pay it back within a year. This may be a prime option for someone who plans to work during the semester.
Falling short on money for tuition may cause you a lot of worry, but you do have options. Hopefully with these steps, you feel a little more at ease.