Thursday, June 25, 2020

Paying for College Part 3 Stop Losing Money When College Credits Transfer

Wondering how your college credits transfer? Colleges and universities are making millions off of students just like you. Lets talk about how to make sure it doesnt happen to you.There are multiple situations in which students have to transfer credits. Below are just a few:Transferring from 4-year college to another 4-year collegeTransferring from a community college, possibly a bridge program, to a larger or 4-year collegeStudying abroad and transferring credits back to the StatesBringing credits from dual enrollment courses in high schoolIn most of these situations, many families pay for these credits which means,if they dont transfer to the new institution, that is money down the drain. Unfortunately, it happens every. single. day.When it comes to graduating debt free, there are two sides of the equation:Increasing the debt-free money a student has (i.e. by securing free funding via scholarships, grants and cash awards, working, etc.)Reducing the amount of money a student needsAs Part 3 of our Paying for College series, we are still focusing on reducing the amount needed side of the equation and, in this video, we go on a little bit of a tangent talking about how students in a situation where they need to transfer credits are losing thousands and thousands of dollars.This happens because students who try to transfer credits and cant basically end up paying twice for the same class.Find out how you can prevent losing money whenyour college credits transfer by watching the video below:Click to subscribe to our channel so you dont miss the next one! Want to learn more on how to graduate debt free? Check out our last post on how choosing a certain major can actually decrease a tuition bill. You can see that post here:https://thescholarshipsystem.com/blog-for-students-families/paying-for-college-series-part-2-reducing-your-tuition-bill-continued