The Value of Summer Classes
A lecture hall is likely near the bottom of your list of preferred summer destinations. After a long year in school, many students prefer to use their breaks to recharge, not re-enroll. In addition, the summer months offer a great opportunity to work a full-time job and earn money to pay for the upcoming year.
However, enrolling in summer classes can actually be a smart way to decrease college costs. For one, the classes themselves can be cheaper, especially if you opt to attend a less expensive community college. You’ll just need to make sure any credits transfer.
Additional costs could be less expensive too. For instance, since fewer people enroll in the summer, you’ll likely have an easier time finding affordable, used textbooks.
The biggest potential savings come from accelerating your graduation date. By taking summer credits throughout college, you could shave a term or even an entire year off your education. That not only equals savings in the form of tuition payments, but it also cuts down on room, board, and other living expenses, not to mention getting you into the workforce and earning a salary faster.
Considering that almost half of all full-time college students take five or more years to graduate, that last benefit listed may make a difference in helping you graduate within four years.
For tips on how to manage your financial aid for summer classes, check out Understand Financial Aid, Payment Options for Summer Classes.
Ryan Lane, “Understand Financial Aid, Payment Options for Summer Classes” U.S. News & World Report, April 8, 2015.