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Answering the Five Big Questions

4. How am I going to pay for my education?

  Unless you are able to pay as you go for your education, this question is one that you should discuss with financial aid personnel at DACC and the college or university you wish to transfer to in the future.  Remember to take detailed notes and ask questions until you understand clearly what is expected of you and take note of important dates and deadlines.  Most colleges and universities have a website that addresses the cost of attendance.  Most colleges and universities have varying levels of tuition costs.  These are often called in-district, in-state, non-resident tuition, and international student rates.  These vary and generally, non-resident and international students can pay up to four times as much as an in-district student would pay for tuition.  Make sure you do some investigation into residency requirements, and brainstorm how to save yourself some money.  Sometimes, when students move to a new city to go to college, they will attend a community college until they meet residency requirements, to save themselves money.

  Keep in mind – you should be addressing financial aid concerns before you begin taking college classes, and again early in your college career.  Check in with financial aid personnel regularly as advised.  Most financial aid problems can be avoided if you plan ahead.

   If you recently graduated from a high school in New Mexico or earned your GED in New Mexico, you may qualify for the Lottery Scholarship.  To learn more about this opportunity, visit this website: http://www.nmlottery.com/legislative-lottery-scholarships.aspx

   Many colleges and universities participate in “exchanges”.  Their participation in these exchanges may mean that you can attend these schools for a rate of tuition that is below that of your typical non-resident student.  Check with the college or university you wish to attend to determine if they participate in any exchanges.  One exchange that many of our students benefit from looking into is the Western Undergraduate Exchange.

  If you plan on working as a student, a big favor you can do for yourself is to check with the Career Services office of the college or university that you wish to attend to determine what services they offer. 

  One service they can assist with is identifying good resources to help you get a rough idea of what kind of salary you may be able to command in your career after graduation.  Usually every state has a state economist and office that compiles workforce data, and there are federal websites as well.  While it can be unpleasant to slog through this, doing so can give you a decent picture of which careers are expected to grow and shrink, and what the salary scales are in different metropolitan areas.  Keep in mind, as the world changes, this kind of information can become out of date rapidly, so take the age of the data you look at into account.