College Student Credit Card

The next time you go for a Big Mac and shake, don’t look at the guy handing you your order as someone with another, “real,” job on the side or a slacker doomed to perpetual limbo asking if you want fries with the burger. The land of the Golden Arches also has something called the McDonald’s USA National Employee Scholarship Program. Employees, particularly young ones, can get up to $5,000 a year for college, online or on campus. Work for the company for four months and commit to 15 work hours a week to apply. While this type of aid is work-specific, other types like Pell grants for college are not.

Many corporations see programs like these as a way to generate loyalty and a resource pool for future executives. $5,000 a year more than likely will not cover a full year’s tuition, yet it still goes a long way towards it. As such, all prospective students should see about federal grants and any other academic scholarships they are eligible for. If you need more information about scholarships and grants, look on the internet.

Companies give employees an academic boost, which is something the web site College For Katie details. Those considering an online degree should talk with their company to see if they have any of the following:

Direct Pay Tuition Assistance: The most direct of the forms of financial assistance. The employer pays up front for the course, certificate or degree program. The employee has no out of pocket expense. One could say this is as pure a form of financial aid outside of government grants and academic scholarships as is possible.

Reimbursed Tuition Assistance: The employer pays for the course, certificate, or degree program after the employee has successfully completed the program. The employer may pay after each course or only after the certificate or degree is completed. There is an abundance of information about graduate school scholarships on the web.

529 College Savings Program: The employer may offer a college savings program as a part of their benefits package. As a part of this program, the employer may match contributions made by the employee into the program. Parents in particular should think about this for their children.

On the Job Training: A form of work study where the employee advances his/her education while working. Many employers have developed comprehensive training programs that mix classroom and working. Some employers have arranged with online and local community colleges to provide credit for the completion of such programs.

Again, what the company offers may not be enough to pay a year’s worth of school, but it could still be considerable when it supplements online grants for college or other grant and scholarship offerings. Talking to an online college financial advisor about student loans is another great place for more information.