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3 Tips for Financing Your Marketing Communications Degree

Financing Your MC Degree

Making the decision to start your IMC or DMC graduate degree is the first step toward a successful marketing communications career. But the next major hurdle is to comprehend and plan for the financial commitment. Graduate school is a worth-while investment - here's how to plan for the subsequent costs and commitments, both financial and personal.

At WVU, you get a lot of bang for your buck. Tuition is the same regardless of where you live, and because of the flexible programming, you can spread courses out to pay small amounts as you go. And, in the end, it's all worth it. In a recent survey of IMC graduates, 37.6 percent have received more than 25 percent salary increases since earning their degrees.

Tuition inflation is happening now.

As the price of education rises, it may be more cost effective for you to go to graduate school now rather than later. According to a report by JP Morgan Funds, higher education costs are rising faster than any other household expense in recent decades.

But while the cost of  tuition  may seem daunting, don't let it discourage you from pursuing an advanced degree that will benefit your career. With the growing  marketing communications  industry, the decision to attend graduate school seems less risky. Not only will you learn marketing best-practices by pursuing your graduate degree, but you will also be able to leverage your degree for a much-deserved raise. Similarly, financial aid (like  the FAFSA ), scholarships, and military benefits still apply at the graduate level.

Be creative! There are scholarships available for  literally everything.

Do you really, really like  Star Trek ? Do you have a detailed survival plan for the  zombie apocalypse ? Just because you're in your twenties or thirties, it doesn't mean you can't win scholarship money for unique scholarships.

But really, in all seriousness, WVU has a variety of  scholarships specific to IMC and Data Marketing Communications (DMC) students . And current IMC and DMC students, as well as new program admits, are encouraged to apply for a supplemental $500 scholarship from the program's IMC & DMC Scholarship Fund. You can also find information about general scholarships and specific scholarships  here !

Be strategic! Complete your degree while working full time.

WVU’s IMC and DMC programs are designed so that students don’t have to quit their jobs in order to earn this degree. You can work and earn your degree at the same time, from anywhere in the world!

And, since an investment in you is an investment in your company, your employer may be willing to help pay for your degree. Many companies offer partial tuition reimbursement for graduate school. The knowledge and skills you’ll gain in the IMC and DMC programs will improve your performance, so it may be worth asking about your company’s tuition reimbursement policies.