TNL Offering Scholarship Assistance To Students in California

TNL, a company which services California, has begun offering a scholarship program for people who are enrolling in trade schools in California. The company stated that living in California is expensive and that according to some research, it is ranked as one of the top three most expensive states for residents. With an increase in the cost of housing, energy, medical, day care, and other costs, many in the state are currently struggling financially. Trying to find money to send a child to college while also planning for retirement is challenging, according to Aaron Andrews, Director of Operations at TNL.

Andrews explained the thinking behind the scholarship program. Andrews said, "Education is tremendously expensive in today's environment. Some residents are being left out, and as part of the community it is important that we help others. We also believe that at times people who go to college may be making a mistake when, in fact, there are many trade schools and technical schools people can attend that can help them get a good job right out of school without the massive debt that a regular college education can bring."

Andrews says that the good news is college saving can be started right away. Many financial professionals recommend a college 529 plan. The best thing is to start right now and put away a little bit of money right away.

Andrews continues, "Our country's future depends on the skill-set of our kids. Many of those who may qualify for and plan to attend college may not want to accumulate hundreds or thousands of dollars in student debt. Our scholarship program can help those who want to attend college and better their futures to do so without the heavy burden of borrowing."

Studies indicate that many will not be able to afford to pay for college without some sort of third party assistance. For instance, the estimated cost for attending Harvard University in 2018 is more than $70,000, and while this is a higher end university, other colleges can also be expensive. The actual aid that most students receive is just around $10,000 or less per year, which will not even touch the actual cost of going to college.

Students can, of course, get grants but only if they qualify with a low income. Those whose families make more than a specified amount of money each year are not typically eligible for free college aid, which leads them to needing student loans to cover the costs of college. Some students who get free aid also need student loans in order to finish off their college costs. Simply put, college is not cheap and TNL states that they aim to help students to avoid going into debt with their scholarship program. Studies show that some students have so much debt when they get out of college from student loans that it takes them years to pay down a loan.

TNL says that they welcome students to learn more about their scholarship program by visiting their website. The company states that their goal is to assist students who are just starting out and in helping them to avoid being so far in debt that they feel overwhelmed the instant that they graduate college. Andrew goes on to say, "Many college graduates have so much debt when they first graduate that they are not sure where to even begin paying back that debt. He states that the company designed the scholarship so that at least a few students could begin their lives without the burden of debt. TNL invites those interested in the scholarship and more information to visit them on the official website to learn more about the scholarship that Is being offered and how to qualify. Additional information can be found here or here.