Rent Out a Room in Your House

Rent Out a Room in Your House

If you have an internet connection and a computer, this is a great way to make some extra cash. Many online jobs are available that allow you to work from home or on your schedule. You can find these opportunities by searching the web or checking out websites such as UpWork, FlexJobs, or Indeed.

Keep in mind that many of these jobs require special skills or experience. So, if you don’t have any experience in the field, you might want to start by taking some online courses to gain the necessary skills. Once you have the skills and knowledge required for the job, it’s time to start looking. Some of the best online jobs include freelance writing, web design, and graphic design.

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Seek Help From Family and Friends

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If you need extra cash and don’t have any luck with the above options, then it might be time to seek help from family and friends. This is not recommended if you’re looking for a loan because people get offended when they aren’t asked back or paid on time. However, this can work out well if all parties are on good terms. Continue reading “Rent Out a Room in Your House”

Where to Get Grants Instead of Loans as a Non-Traditional Student

Where to Get Grants Instead of Loans as a Non-Traditional Student

Non-traditional students come from a wide range of backgrounds and situations. Many adult learners return to college after a hiatus-perhaps as a result of financial constraints or a family emergency. Other non-traditional students may be starting college for the first time after deciding to pursue new opportunities in a different field. As the job market becomes more and more competitive, an increasing number of adult learners are returning to college. In 2018, a projected 7.6 million adults aged 25 and older went back to earn their degree. Although there are unique challenges for adult learners, financial aid does not have to be one of them.

In addition to student loans, there are also opportunities for grants: scholarship money that does not have to be paid back. Many grant programs do not have age restrictions, which means that non-traditional students are not automatically disqualified. If you’re considering going back to school, know your options and take advantage of all the financial support you can get!

FAFSA First

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Before you look for grants, the most important thing you need to do to figure out your aid options is to fill out the Federal Application for Student Aid (FAFSA). Free to submit and easily accessible, this form is the ticket for access to the largest source of financial aid. Continue reading “Where to Get Grants Instead of Loans as a Non-Traditional Student”

What Is the Average Student Loan Interest Rate?

What Is the Average Student Loan Interest Rate?

Learn about typical student loan rates as you weigh your student loan options

If you have student debt or are planning to borrow money for college, pay special attention to your student loan interest rates. The higher the rates, the more you’ll pay, while lower rates will mean repaying less.

So what is the average student loan interest rate? Form 2006 through 2021, average federal student loan rates were 4.66% and 6.22% for undergraduate and graduate loans, respectively. payday loans Ohio However, your rate may be well outside this range, depending on the type of loan you take out, including federal and private student loans, as well as whether you had a cosigner.

Here’s an overview of the average student loan interest rates you can expect, along with an explanation of how these rates are set.

Federal Student Loan Interest Rates

Federal student loan rates change each school year, and they have varied significantly over the past 15 years. Continue reading “What Is the Average Student Loan Interest Rate?”