Over the years, a lot of people have asked me, “How can I get free money for college?”
My reply: “It’s simple to get free money for college.”
You can get free money for college using one of two methods. Either you can win and receive scholarships or join the military. I chose to get free money for college by using the scholarship method, but for some people the military might be best.
I have a few friends who decided to go the military route to get free money for college, but even within the military route, you have different choices.
Military Option to Get Free Money for College #1:
I had one friend who wanted to go to Columbia Law School. She received a full scholarship for her undergraduate studies but had to take out loans for her law school education. When she graduated, she realized just how much money in student loans that she took out and enlisted in the military. The military is giving her free money for college by paying back all of her student loans for her in exchange for her agreeing to practice law in the military and she loves it. It was a guaranteed job that she got. She didn’t have to worry about going on interviews or applying for positions or having to pay back her loans.
Military Option to Get Free Money for College #2:
I went to school with one person who was already enrolled in the military and he wanted to become a dentist. Since he was already enrolled, they paid for his school and gave him a stipend each month, but he had to commit to serving in the military for a certain amount of time after he graduated. (Also, the Uniformed Services University of the Health Sciences in Bethesda, MD has a similar program for people that want to become medical doctors. Here, you can get free tuition and a starting salary of $65,000 while you are attending classes, but you have to commit to being in the military for 7 years after you finish your residency).
Military Option to Get Free Money for College #3:
There are military schools (for example, the U.S. Naval Academy in Annapolis, MD) where they pay for your tuition, room, and board plus you get a monthly stipend just for attending the military school. Once again, you have to commit to serving a specified amount of years after graduation in the military.
For some people, the trade off is worth it— sign up for 4 or 7 years or more in exchange of avoiding $100,000 or $250,000 or more in debt. Do you think it’s worth it? Leave your comment in the box below.
For more information on going to college for free, visit: https://www.debtfreecollegegrad.com
By: Shanice Miller, Founder of DebtFreeCollegeGrad.com