Paying for Culinary School
For most people, the cost of secondary education requires a great deal of financial planning and creative thinking. If you’re interested in attending Culinary Schools, make sure you know all the costs involved as well as the financial options available to you.
Many students depend on their parents to help pay for an education. But with Culinary Schools costing as much as $40,000 or more, parents may not be in a position to foot the entire bill.
So who will pay for the rest of your education? Probably several different sources:
- Federal Agencies: Many substantial loans are available through federal agencies. Federal student loans generally carry the lowest interest rates.
- Student Loans: These loans come from private lending institutions and will come with higher interest rates than federal loans.
- Scholarships: These awards, based on need and/or academic achievement, may be found through federal programs, individual philanthropic organizations, and Culinary Schools. Often, scholarships may be renewed on an annual basis; and the money never has to be repaid.
- Grants: These monetary awards are similar to scholarships and they may be found through similar sources; also grant money never has to be repaid.
Last Updated: 03/04/2013