Money Tips for Students, April 2015

Save money by taking more classes each semester

Taking more classes each semester may help you cut the cost of college, according to the Kentucky Higher Education Assistance Authority (KHEAA). That’s especially important if, like many people, you’ll need student loans to help pay for your education.

A full-time load for undergraduate students is generally considered 12 credit hours per semester. Associate’s degrees usually require 60 credit hours to finish, bachelor’s degrees 120 hours. If you take 12 hours each semester, you’ll need five semesters to finish an associate’s degree and 10 semesters to finish a bachelor’s degree.

But if you take 15 hours per semester, you’ll finish an associate’s degree in four semesters and a bachelor’s degree in eight semesters. Most colleges won’t charge you any more for 15 hours than they do for 12 hours, which can save you hundreds, perhaps thousands, of dollars in tuition and fees.

When you’re planning your schedule, think about taking that extra class each semester. The sooner you earn your degree, the sooner you can start job hunting.

KHEAA is the state agency that administers Kentucky’s grant and scholarship programs, including the Kentucky Educational Excellence Scholarship (KEES). It provides financial literacy videos at KHEAA also provides free copies of “It’s Money, Baby,” a guide to financial literacy, to Kentucky schools and residents upon request at .

To learn how to plan and prepare for higher education, go to For more information about Kentucky scholarships and grants, visit; write KHEAA, P.O. Box 798, Frankfort, KY 40602; or call 800-928-8926, ext. 6-7372.


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