The cost of education can be expensive. However, it is among the wisest investments a person can make as it pays off in the long run and is an investment that keeps on giving. Especially if you’re in the Philippines, getting a good education is a solid foundation on which to build a successful life. But how do you get a good education without breaking the bank?
Luckily, there are ways to save on education costs without sacrificing the quality of your child’s education. Here are some tips on how to save on education costs in the Philippines.
Research government programs.
The Philippine government offers programs that can help offset the cost of education. By researching these programs, you can take advantage of them to help reduce the money you need to spend on education.
One such program is the Pantawid Pamilyang Pilipino Program (4Ps). The 4Ps is a conditional cash transfer program that assists financially-challenged households to help offset the cost of basic needs, including education. But to be eligible for the 4Ps, households must meet specific criteria, such as being below the poverty line.
Another government program that can help with education costs is the Department of Science and Technology Scholarship Program (DOST-SEI). The DOST-SEI provides full scholarships to talented students who wish to pursue higher education. These scholarships are awarded based on academic merit and financial need.
There are many more government programs available that can help you save on education costs. All you need to do is research available programs and see if you or your child qualify for them. This way, you can take advantage of programs that can help reduce the money you need to spend on education.
Look for financial assistance from schools.
Many schools offer financial assistance programs for qualified students. For example, some schools offer discounts for children of alumni, employees, or members of certain religious groups. Others offer need-based scholarships or discounts based on family income.
Inquiring about financial assistance options is an excellent way to reduce educational costs. You can start by asking the school your child is interested in attending. They may have a financial aid office to help you with your inquiries.
You can also talk to other parents about financial assistance options. You may know someone who has availed of a discount or scholarship, and they can give you information on how to apply for one.
With a bit of effort, you’re sure to find a way to reduce the cost of your child’s education and make it more affordable for your family.
Consider public schools.
Private schools aren’t the only option in the Philippines-public schools are also available and are usually more affordable than private schools.
While public schools may not have all the bells and whistles of private schools, they can still provide a quality education for your children. Many professionals in the Philippines, including doctors, lawyers, and engineers, completed their studies in public schools.
So if you’re looking to save on education costs, consider sending your children to these institutions. This way, you can get a quality education for your children without spending too much money.
Enroll in an online school.
Online learning in the Philippines is gradually becoming more popular, and for a good reason. Online schools offer a more flexible and affordable way to get an education.
With online schools, you don’t need to worry about things like additional expenses, transportation, or other miscellaneous fees. You can also study at your own pace and in your own time. These benefits make online learning an excellent option for working students or those who want to save on education costs.
Especially today, it’s easy to find online schools that offer programs in various fields, such as business, education, and engineering. So if you’re looking for an affordable and flexible way to get an education, consider enrolling in an online school.
Join a study-now-pay-later program.
Many institutions in the Philippines offer study-now-pay-later programs. These programs allow students to attend school even if they can’t afford to pay the tuition upfront.
Under these programs, students can enroll in courses and start attending classes. They only need to pay the tuition once they find a job or after they graduate. It’s a great way to get an education and ease the financial burden on students and their families.
Study-now-pay-later programs are popular in several institutions in the Philippines, so it’s easy to find one that suits your needs. Do some research and see if a program can help you save on education costs.
The above are just some ways you can save on education costs in the Philippines. With a bit of effort, you’re sure to find a way to make your child’s education more affordable. So start looking into these options and ensure you get the best value for your money.