Tag Archives: Paying for College

MEOC Summer 2017 Newsletter – Money, Money, Money!!!

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​​In This Issue:
  • Tips on minimizing and managing college debt
  • MEOC Referral Program – Win prizes!
  • MEOC featured in the Bangor Daily News
  • In their own words – MEOC participants talk about their path to and through college.
  • Featured location – Machias CareerCenter

Tips on Minimizing and Managing College Debt

It’s no secret that the rising cost of college has a lot of potential college students a little worried. While most accept the fact that a college degree would help them get a better job, the worry that college debt would overwhelm any salary increases is a legitimate fear. Fortunately, among the services provided by MEOC is a comprehensive plan to help get each student on their way to a college degree, without crippling college debt. In the first part of this newsletter, we will focus on a few strategies that can help, but if you really want individualized plans, make an appointment to see the MEOC advisor in your area!

Adult Ed classes

One cost that many nontraditional students aren’t prepared for is the cost of taking classes to re-learn skills they once knew. College classes often have pre-requisite knowledge, for example, a solid knowledge of Algebra, that many nontraditional students may no longer possess. Paying by the credit hour to regain these skills can be a very expensive proposition. By utilizing the services of your local Adult Education Agency, you can build these skills in a much more cost-effective manner. Not sure what your knowledge gaps might be? Don’t worry about it! Your MEOC advisor can help you figure out what the prerequisites are to your program of interest, and help you figure out a way to identify ALL of the steps you need to meet on the way.

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Ira Cobe Hutchinson Center Scholarship

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While the deadline has passed for many scholarships, did you know that there are others that are still available? Many of these scholarships are tied specifically to colleges or to educations centers.

One example is the Ira Cobe Hutchinson Center Scholarship, which is available to students who are attending college through the Hutchinson Center in Belfast. As the description from the Maine Community Foundation site reads:

The Ira Cobe Scholarship Trust was established by the estate of Chicago financier and longtime Bayside summer resident Ira M. Cobe. Mr. Cobe and his wife, a Belfast native, had a deep affection for Maine’s young people. The fund provides support in meeting certain educational expenses of residents of Waldo County under the age of 23 who meet the eligibility criteria. The Cobe Hutchinson Center Program is a partnership with first-time students at the Hutchinson Center who are taking a class to explore the possibility of furthering their education.
Contact: Hutchinson Center or Maine Community Foundation
Application Deadline: Rolling, no later than 5 days before the start of classes

To see other scholarships available for adults going back to college, check out the Maine Community Foundations Scholarships for Adult Learners Page.