My College Savings

Decent Essays
I have a very limited amount of financial resources for my college savings. My mother is a single parent, and therefore there is only one income that is to assist in providing for my college education. My mother does intend to assist with as much as she can, however working two minimum wage jobs will not nearly cover enough of my college expenses. I also expect to have about $500 of gifts from generous family and friends by the time I graduate. Besides that, I have saved about $1,500 dollars from various small jobs that I plan to put towards college expenses. In addition, I have filled out the FAFSA, CSS, and IDOC forms, in hopes to receive some sort of federal aid. Finally, I have been applying, and will continue to apply for as many local

Related Documents

  • Decent Essays

    ecause of my GPA, I qualify to join the Phi Eta Sigma Freshman Honor Society. This opens up possibilities to receive roughly $1,000 to $10,000. Apart from this, I applied for the merit, situation, and degree specific scholarships through financial aid. By using the cost comparison attached, I was able to calculate the cost for a four month semester will be $833.32. This translates to a savings of $1191.68 a year.…

    • 154 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    To a University student, $3,430 may sound like a very low number for the cost of tuition, but for most people paying this price, it may be a great part of their savings. Community colleges provide higher education to 45% of the nation’s undergraduate population, “many of whom are historically underrepresented in higher education: minority, low-income and…

    • 514 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    I am a member of Phi Sigma Tau International Honor Society, Scholars Without Borders, and The National Society for Collegiate Scholars. I was awarded, Outstanding Youth/Student Volunteer by Association of Fundraising Professionals for National Philanthropy Day, Emerging Leader from the Dean of Students, and Dean's List. Starting my first year, I felt very fortunate; not only because I was the first in my family to have access to a college education, but because I knew I had my first year of college covered thanks to the help of grants and scholarships. From looking at my cost of attendance this coming school year, I see that I am still $1,651. Being concerned about having enough money to pay for housing is a concern that will prevent me from focusing on my academics and education.…

    • 536 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    As a first generation undocumented college student there is great privilege and pride in attending the University of California, Santa Barbara. However with that there is also many obstacles and struggles that I have faced in order to survive and thrive in this institution, one of them is my need for financial aid. Coming from a low-income, single mother household I do not rely on my mother for financial support because I already know she struggles to feed my siblings and pay their bills. As a result I am sending my mother money on a monthly basis in order for her to complete rent for the month and afford groceries. Due to the fact that I am constantly sending my mother and household money in order to contribute to their survival, I have been working two part-time jobs while still being a full-time student in order to make my needs to be met as well.…

    • 684 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    1. I completed and submitted a FAFSA for the current academic year. Yes, I completed this year's FAFSA. 2.…

    • 550 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    So here I am, a senior wondering how am I going to afford college. Growing up I was raised in a single parent household. My mother worked two jobs just to pay the bills and provide for my three siblings and I. After paying the bills she didn’t have much money left over for anything else. My father has never been in my life and was incarcerated most of my life so my mother never received any financial assistance from him.…

    • 370 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    An individual’s characteristics are indicated by the differences between that individual and the people surrounding them. This world is competitive; we must compete for acceptance in society, as Thomas Malfus asserted in his 1798 essay, “The Principle of Population”. We must also compete for an education, and ultimately a career, which allows us to survive in our current society. Supplementing an individual’s past secondary education through the utilization of an Honors College, specifically through the University of Utah, allows for this edge in the individuals who take full advantages of their resources. The Honors College at the University of Utah offers a unique opportunity for those in attendance; the Praxis Lab.…

    • 568 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    There is also the option to qualify for financial aid but I…

    • 270 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    I am a 22 year old female and the first generation of an immigrant family to graduate from college. I got my associates degree in a span of 2 years as I was awarded NJStars due to the fact that I was within the top five of my high school. Since, I have been attending William Paterson University, full time. I took out loans to pay each semester, my NJStars aided $1,000 for two years.…

    • 306 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Also on average their families do not have much to send them to help out. The National Public Radio says that the average family only makes 50,000 dollars per year. They still have to buy the necessary things for themselves also with taxes and every other expense leaves them with not much to send to their children in college. The NPR also says that 95% of college students only make $5,000 a year and only have $1,500 in the bank.…

    • 658 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Going To Pay For College

    • 1091 Words
    • 5 Pages

    College is all everyone wants to talk about lately. Where are you going to school next year is asked on a daily basis. The obvious follow up is generally a question about what I am going to study. I have answered the questions enough times to have them memorized. The one question that has been tougher to answer; how are you going to pay for college.…

    • 1091 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    My marginal costs for attending college includes less time with my family, less time for me to do the things that I enjoy such as cooking, cooking is my therapy. I have less time for my health and well-being along with sleep. I work a full time job and attend school and once in a while, one or the other…

    • 315 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Responsible borrowing sounds like a simple concept. We begin learning how to be responsible at a very young age by taking care of ourselves and our possessions, and we learn that borrowing something means that we will eventually have to return the item to the owner. With all of our experiences with responsibility and borrowing, why is so difficult to be responsible with our borrowing when it comes to student loans? The Iowa Financial Know-How Challenge: Senior Scholarship is one practical and meaningful way I have gained knowledge and become equipped to borrow responsibly. When deciding how much to borrow for college, I began by looking at the cost of the colleges I was considering attending.…

    • 499 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Student Debt Essay

    • 1168 Words
    • 5 Pages

    Many parents begin a savings account for their child when they are born. The savings usually go towards a college fund, the child 's first car, or something the parent deems worthy of saving for. If a student 's parents have already done this in advance for him or her, then that student is most likely not to experience college debt. The student can probably go to the college of his or her choice, without fear of tuition. On the other hand, if a person 's family is not fortunate enough to save for them, that person should invest in saving themselves.…

    • 1168 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Saving For College

    • 222 Words
    • 1 Pages

    College is arguably the most important decisions in our life. Choosing your major is the first step. You then choose what school is the best for the major you just chose. You start researching which university you want to attend and see dollar signs after dollar signs everywhere you look. Unles you are one of the lucky few, you are going to have to take a student loan out.…

    • 222 Words
    • 1 Pages
    Decent Essays