07/06/20
The year 2020 has caused many setbacks for employed/unemployed individuals, communities, and students. But, the impact of Covid-19 on students attending and about to attend college in the fall, has placed a majority of them in a state of worry, especially when it comes to paying for college tuition.
With the sudden rise of covid-19, many institutions have been experiencing a disruption in their finances. As stated in the article written by Andrew DePierto, with schools now being online and students no longer being asked to live on campus, cuts have been made to what people would usually characterize tuition, which is being expensive.
With the combination of books, housing, food, travel, and classes, there are many things a student is expected to pay in order to gain a higher education. With the school year about to begin, colleges may find ways to get back the money they lost due to Covid, and this may come at the expense of increasing a students' tuition cost.
With the possibility of universities applying more loan options for students to pay off their college education for the 2020-2021 academic year, it is going to be a continuous hard year for students if they have to worry about taking out loans and possibly not getting their chance to learn if money is stopping them from attending the schools of their dreams.
Gaining money to have access to a higher education, is what many students yearn for. The MORE program recognizes this need in students and doesn't want money to be a factor that determines whether or not a student should attend college, where they will gain experiences that promote their growth in an economically driven world. With what’s going on in the world today, it’s important for many people, especially those attending school, to learn more about their money and how they can afford accomplishing their goals. We essentially need help answering questions, like how can I make my money grow?, where do I apply for scholarships?, should I create a savings account?, and would investing be a good venture to follow right now?
The MORE program is determined to help students become financially literate in a world run by economics, so they could easily answer those questions. One of the really great facts about the program is that it offers students the opportunity to apply for scholarships, so that students can earn more money that could go towards their college expenses.
During these hard and confusing times, it’s important for students to be aware that the pandemic will have a financial impact on many institutions for the 2020-2021 school year. Fees may rise and there may be less financial help, but you just need to know that there are programs out there that are willing to help. Whether it’s applying to relieve funds or more scholarships, the MORE program is also one of those resources that can be used by students, in order to gain preparation for college and the world that lies beyond it.
Destiny Clark is a summer intern for the Building Blocks for Kids program. She attends UCLA, studying Physiological Sciences and Public Health. Despite having an interest in medicine, literature, and sports, she believes in the power of education and how it comes to reform those it touches.
https://www.forbes.com/sites/andrewdepietro/2020/06/02/impact-covid-19-tuition-finance/#7ff7632d4b88