Getting a college degree is a lifelong dream for many people because a diploma is often seen as a ticket to a high-paying job and a more comfortable life for families. However, for many people, the cost of a degree can be excessively high. But don't give up on your dreams.
There's always a way to reach your goal if you’re willing to work hard. If you’re one of those who got into college but don’t have the money or scholarship to fund your education, don't lose hope. There are countless creative ways you can raise some dough to pay for your tuition. Below are some proven tips.
1. Go The Crowdfunding Route
Many people worldwide are always willing to spare a dollar or two for others in need. So, why not seek help from these good Samaritans through online crowdfunding?
All you need for successful fundraising are short but engaging videos, a well-crafted pitch, and, most importantly, a reliable crowdfunding platform, such as Give Butter. Find an easy-to-use website, especially if you’re not a techie. A turnkey crowdfunding solution will allow you to focus more on your campaigns.
2. Open Service-For-A-Fee Business Model
You can start your own profitable business anytime, even while you're in school. You can create your small biz even in the comfort of your dorm room. Using your trusty computer or smartphone, you can set up an online page that offers a wide variety of services that a student like you can provide for a fee. Some ideas for small-time biz include nanny services, web content creation, online marketing, webinar host and moderator, website development, email or chat support for local businesses, and graphic design.
3. Take Advantage Of Government Initiatives
Many government initiatives, both state and federal, aim to help constituents get a college degree. Before you shelve your dream of obtaining a diploma due to a lack of funds, you may want to widen your search for programs and grants that you can qualify for. In April 2021, U.S. President Joe Biden announced The American Families Plan, which includes provisions of free four-year college education in community colleges and the expansion of the maximum benefits from the Federal Pell Grant by up to USD$1,400.
4. Try Applying To FAFSA
If you are eyeing a scholarship grant, you should also consider applying for FAFSA or Free Application for Federal Student Aid. The deadline for submission of FAFSA applications is June 30th. This standardized request is the key to various public, government, and university-funded financial assistance initiatives such as the DREAM Act, Native American and Tribal Grant, National SMART Grant, and The Iowa Minority Academic Grants for Economic Success.
5. Enter A Contest
There are many contests and sponsored events on TV, radio, and online that offer monetary rewards. Take advantage of these activities to help raise money for your student expenses and tuition fee. If you have a great singing voice, join a singing contest. Even a USD$500 reward for the second-place winner in the competition can help. Just surf the web for such opportunities and then make it a point to participate if it's free. Who knows, you might be fortunate enough and come across a contest that gives away free college tuition for full four years.
6. Consider A Side Hustle
There are tons of apps that you can sign up for to earn some money. Even if you're already working as a bartender, waitress, or cashier, you can still make additional income during your downtime or off days. Through apps, you can make money by providing microtask services like food delivery, ridesharing, handyman jobs, dog walking, or other odd jobs. Just make sure that you keep the money you earn in a safe place where you can't use it to splurge on shopping or parties.
7. Do Buy And Sell
Check out your closet or explore your parents' garage and attic. Search for things that you can sell online. There are many collectors of odd things, so what you may consider trash or worthless may be valuable to others.
You can start selling old tin cans, well-preserved toys, old freebies from fast-food chains, appliances, old game consoles, and other accessories. Vintage items are some of the things that sell fast. If you’re into arts and crafts, some of the items you can make during your spare time, like a crocheted dress or tatting work, can also sell online. Once you get the hang of selling, you can try buying things cheaply from thrift shops or garage sales and then sell them for a profit online.
8. Be An Influencer
Suppose you already spend most of your time on social media sites and have many followers online. Why don't you try to monetize your pages by becoming an influencer? To earn online, you’ll have to keep engaging your audience through your online content. So, you'll have to consistently post articles, blogs, pictures, or videos about topics your followers want. Maybe you can even join an influencer network to help you become more successful. Becoming an influencer is complex and requires hard work, but it's rewarding to discover what makes you or your social media presence tick.
9. Slash Your Spending
Many college students aren’t mindful of the money they spend on leisure and entertainment activities. While you're still not earning big bucks, you might want to look over your budget and see where you can save on expenses. Try cutting back on your daily signature coffee drinks or late-night beer fests. You'll be surprised how much savings you'll accumulate by lessening unnecessary things in your life. Just ensure that your savings go to your tuition fund.
10. Try Your Luck At Lottery
If you win the lottery, particularly the big jackpot prize, you will have no problem with your tuition fee. If you're feeling lucky, buy a lottery ticket. The problem with luck is you'll never know when it will strike. But then again, winning the lottery is slimmer than slim, so don't squander your money away on lottery tickets, and don't rely on the lotto to achieve your dreams. Buy a lottery ticket occasionally for fun.
The Bottom Line
There are many creative ways to earn money and raise funds for your tuition fee. Some are fun and easy, while most require hard work. The important thing to remember is you need to have skin in the game if you want to achieve your dreams.