27 Ways to Cut College Costs u Attend an in-state public college – Public colleges are supported by tax dollars and are generally less expensive than private colleges. Also, at- tending a public college in your home state usually costs much less than attending a public college in a different state. u Start at a community college – Attending a community college for one yeartypicallycostslessthanhalfofwhatitcoststoattendafour-yearcollege for a year. Students who want to earn a bachelor’s degree can save money by starting at a community college and then transferring to a four-year college. u Live at home and commute – Students can save a lot of money by living at home and commuting to a local college. u Spend less time in college – Students can shorten the time they spend in college by taking AP and dual credit courses in high school, and by taking heavier loads and enrolling in summer school while in college. u Take advantage of tax credit and savings programs – 529 Plans, the American Opportunity Credit, and the Lifetime Learning Credit are pro- grams that help taxpayers reduce college costs. u Use money earned through a co-op program or paid internship Students in these programs often earn enough to cover a good portion of their college expenses. When they graduate, they not only have a degree, they also have valuable work experience—and less debt. u Take advantage of military programs – The military has a number of programs to help students pay for college. Under the Montgomery GI Bill, enlistees can receive over $50,000 for college. There are people who can help While figuring out how to pay for college can be confusing, there are people who can help. School counselors can provide information and advice, and colleges have financial aid counselors available to assist parents and students. There’s also a great deal of information online.