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Published byChristal Lester Modified over 9 years ago
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In the shadow of budget problems in the State of Illinois, a concern for all students is increasing tuition costs and the availability of money. Hiring freezes result in larger class sizes and less individual attention Lack of budget funding is the driver for tuition increases up to 20% and the State MAP grant may be reduced as well.
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Illinois owes the University a half billion dollars The State of Illinois is defaulting on budget agreements to the University of Illinois simply because it doesn’t have the cash flow. Drastic measures to cut spending and control routine costs have negatively impacted students financially and has harmed the quality of education offered.
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Benefits: Finishing an education at UIC one year early will save $12,056 in tuition and fees alone (CollegeBoard). Addition Federal funding is offered to those taking summer courses. Enables early entry to job market and produce income.
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How? Take maximum credit hours (18) › Speak with your Dean about an override to take more than 18 credits. Take funding from summer school to maximize federal funding (you get more federal funds if you take summer classes).
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Take 15 credit hours and maintain a part- time job during semesters to pay interest on students. Work full-time during all breaks to maximize income. Gain experience and build your resume by searching for internships.
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Under the four-year program: Students will be able to focus on education. Secure funding for school. Gain work experience and develop valuable social relationships.
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Consider a part-time academic schedule to pursue the following alternatives: Seek full-time employment with companies offering tuition assistance programs. Search for co-ops to gain income, work experience, and the potential to graduate employed.
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Working Full-Time Schedule: Provides insight to potential career paths of interest Helps determine your choice of major. allows you to build a savings to fund future educationsal costs. Online classes on non-traditional hours.
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In light of all the economic uncertainty it’s important to consider all the pathways that exist to reach your academic goals. When planning finances a student should consider their current and anticipated financial needs along with their personal circumstances. Reevaluating newly available funding periodically
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Therefore: We recommend Alternative II › newly admitted students balance their academic work while gaining entry level experience though internships and part-time employment.
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The Best way to predict your future is to create it. From Professor Corte
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