Funding an Education: How Am I Supposed to Pay for This?

So you've decided where you want to go to school. Everything is really coming up roses. You've attended an admitted student day, you're networking with current students and alumni, and you've made your tuition deposit. And then you wander upon this. The dreaded "Cost of Attendance" statement. It's enough to make a grown man lose his lunch. For those of you on the cusp of starting your undergraduate or MBA program in the fall, you might be wondering: How am I supposed to pay for all of this? It can all seem very overwhelming, given the sum of money that is expected of you up front and then again on a yearly basis. So I've compiled a short list of options (some more practical than others) for paying for school.

Personal Savings

SEC: Keep Doing What You're Doing

After months of investigating and deliberating, the SEC finally ruled on Tuesday that using social media to communicate with investors is legal, and that passing information in this way is akin to communicating through more traditional methods like using the company's website or press releases. Thanks, SEC. Very astute. You're a little late to the party, but welcome to the 21st century.

Apparently the controversy was sparked off by this post by Netflix CEO Reed Hastings in July 2012.

The B-School Waiting Game: 4 Ways to Preserve Your Sanity While Waiting for Admissions Decisions

The application deadline has been fast approaching and the pressure is on. It's fine, you've dealt with high-pressure situations before. Hell, you practically live for this. You eat pressure for breakfast and shit out greatness.

For the past couple months, you have lived and breathed business school applications. After months of researching MBA programs, attending open houses and sitting in on classes, filling out applications, networking with current students and alumni, composing admissions essays, communicating with recommenders, studying like crazy for the GMAT , and balancing all of that with your responsibilities at work (you've got to keep up appearances because, let's face it, you haven't told them you're leaving yet), you have finally finished your business school applications.

You've quadruple-checked everything, and are completely confident with the product you're putting out there. Now all that's left to do is press that magic little button labeled "SUBMIT". And you do. And there it is, the first sigh of relief you've breathed in five months.

You are rewarded for your hard work and diligence with the following message.

"Congratulations! You've submitted your application. We will release our final admissions decisions in two and a half months."

WTF?! Two and a half months!?