What is a Gap Year? - A gap year refers to a year off between the time you graduate high school and the time you begin college.
The Cost - Formal gap year programs offer many benefits; however, they can also be quite expensive. A gap year program could easily cost in excess of $30,000.
The Risk of Taking a Gap Year - Some students who opt to work instead of participating in a formal gap program, could run the risk of abandoning their college dream altogether.
Consider a more affordable college - If your college cost is too high, even after considering loans, then considering cheaper options might be the way to go. Instead of taking a gap year, you could instead start at a two-year college.
Instead of a Gap Year, live at home - Instead of taking a gap year, consider living at home while attending college to reduce your overall college costs.
Appeal your financial aid award - Before you commit to taking a gap year, consider appealing your financial aid award.
Consider part-time college - Even if your family circumstances require that you work full time, it doesn’t mean you have to end up taking a gap year. In the short term, you could consider going to college part-time while working.
Loans could keep you from taking a Gap Year - To overcome any financial burden you are experiencing, consider taking out student loans instead of taking a gap year.