Paying for Continuing Education with Grants, Loans, and Scholarships
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Posted by David R. Wetzel Mar 16, 2009 |
The biggest concern many adults have when considering continuing education as a means of improving their career knowledge and job skills, is how to pay for the education.
However, there are many resources available for adults which provide grants and scholarships which do not require repayment. Also provide access to relatively low interest loans to defer payment after their education is complete that require repayment.
Federal Grants and Loans
Types of federal government grants and include:
- Pell Grants
- Federal Supplemental Educational Opportunity Grants
- National Science and Math Access to Retain Talent (SMART) Grant
- and more
Federal loans include:
- Stafford subsidized and unsubsidized loans
- Graduate loans
- Perkins loans
- Private loans
- and more
Free Sources of Money
Along with these grants and loans there are many sources of free money for continuing education and these include:
- State Grants
- College Grants
- Private Grants
- Tuition Reimbursement
- Corporate Scholarships
The important point to remember is that grants and scholarships to not need to be repaid and loans must be repaid.
Regardless of which path you choose to take in paying for continuing education, the benefits are improved work skills, increased job security, and financial stability.
Additional Resources
Distance Education Financial Aid Opportunities
Non-Credit Continuing Education
Free Computer Technology Courses for Adults