Can I Save Money Going to a Technical College?

student and teacher in carpentry class using circular saw concept for technical collegesTechnical colleges may not be the first school you think of when planning your education. There are differences between a more traditional university and technical colleges. Universities award graduates with a bachelor’s or master’s degree. Technical schools offer only associate degrees or certificates. Yet, there are plenty of advantages that come with an education from a technical school. One major factor is affordability. We’ve gone ahead and created a list of financial benefits student’s enjoy while attending a technical college.

Tuition & Fees

You’re in luck. Tech schools are generally cheaper than attending a university. University prices have only been rising. For example, in-state tuition in 1998 at New York University tuition cost nearly $34,000. Today, in-state tuition is over $50,000. At Technical College System (TCSG) there are 17 tuition-free programs. TCSG tuition is $3,200, according to the TCSG website. Moreover, they offer the HOPE grant. If qualified, you will receive $1,200. Thus, bringing your total tuition cost to $2,000. TCSG tuition in comparison to NYU means you’re saving well over $45,000. This is a perfect example of how to save money while going to a tech school.

Career Opportunities

career choice options - student thinking of future education. young asian woman contemplating career options smiling looking up at thought bubbles on a blackboard with images of different professions

At technical schools, you focus only on your on your career. Many people are not aware of the opportunities and benefits this provides. Students don’t need to spend money on elective courses. Moreover, many of the tech school tracks have a high demand in the workforce. High demand can also lead to higher job security. Having this skill set is also beneficial in the sense that finding work will be easy. These tracks can also allow you to form your own business. Moreover, they are essential to all forms of businesses. Thus, making you a valuable team member, and leading to an increase in your earning potential. Before picking a track in Tech school, think of your interest along with its benefit.

Scholarships

Tuition fees are rising but scholarships are also becoming more available. So take a look at the various scholarship opportunities available for technical college students.

School-Specific Scholarships

States-Specific Scholarship

  • The California Student Aid Commision provides financial aid with the CalGrants program. Students at qualified state technical schools can receive help. This includes tuition, room and board, books and school supplies.
  • North Dakota’s “Dollars for Scholars” program awards ten $1,000 scholarships. Specific educational programs are given priority consideration. These include mechanics, electrical, welding and surveying.
  • The Oklahoma Tuition Aid Grant is a state-sponsored award. Students enrolled in technical and trade school programs are eligible to apply.

Additional Scholarships

  • Hubstaff awards qualified students with $2,000 towards their education. Hubstaff is looking for students who are currently enrolled in IT tech programs with a 3.5 GPA.
  • The Technical Generation Scholarship awards selected students with a $2,000 scholarship. High school students and students that are already in college are eligible to apply.
  • The Plumbing Heating Cooling Contractor Association includes the Educational Foundation Scholarship Program. They will award over 40 scholarships in 2018. Technical school students enrolled in degree or certificate programs are eligible to apply.

Looking into scholarship search websites can also help you find scholarship matches. Here at ScholarshipOwl you will find a wide database scholarships. We match you based on your specific qualifications and education needs.