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As you’re exploring the job market after college, you may be at a crossroads, wondering whether a master’s would be beneficial in increasing your salary potential or if a certificate program could make sense.

A certificate program typically requires the completion of three to five graduate-level courses and can cost thousands of dollars. However, it can prove highly specialized competency in certain areas and open doors to further professional opportunities.

Read on for more information on post-grad certificate programs so you can assess whether one fits with your financial goals.

What Is the Value of a Post-Grad Certificate Program?

A post-grad certificate program is a program that provides specialization in a field. While the program may not take as long to complete as a master’s degree and may be less expensive, it can also be intense, requiring a significant amount of time set aside to study.

Post-grad certificate programs can be found in all fields, from medicine to economics to marketing. These programs may cost anywhere from several thousand to tens of thousands of dollars. People may complete these certificates because they may be quicker and less expensive than a degree, and may either boost income or boost your competitive value as a job candidate. Post-grad certificate courses may be done online, in-person, or a combination of both, and often, people balance managing a certificate program with working full time.

Because a post-grad certificate can be beneficial, you may find that employers may potentially be willing to subsidize the cost of training. It may be worthwhile to ask your manager or your HR department to do so.

It can also be beneficial to talk to people who have done the certificate program to hear about any pros and cons. Understanding the level of commitment required in the program and how people have managed to set aside time to study for any testing can be valuable intel. You likely want to hear that the certificate can lead to expanded career prospects versus just accruing more knowledge for its own sake.

Graduate Certificate vs Master’s Degree

If you’re right out of college, you may be wondering what the next step is, professionally. While that depends on your career goals, many post-grads find it helpful to explore the professional lay of the land by getting some work experience right after their bachelor’s degree. Also, if the labor market is tight when you get out of college, there can be advantages to looking for a job immediately after graduation, before you get any higher degrees or pursue certification. In some cases, employers may subsidize or help pay for higher education.

A certificate program tends to be in a niche area, so it may be good to explore your field and decide whether that certification is right for you. A master’s program may be more intense, but of course, can be a requirement if you want to pursue a job in a certain field, such as law.

Bottom line: No certificate or graduate degree can “guarantee” that you’ll make a certain amount of money or get a certain kind of job. Every career path is different. That’s why it can be helpful to speak to alums of certain programs or people who have received certain certifications, to hear their experience and advice.

Recommended: How to Pay for Grad School

Is a Graduate Certificate Worth It?

Whether a graduate certificate is equal to a master’s degree depends on how you define “equality.” The two are different paths that help you achieve certain goals. In general:

•   A certificate is less expensive than a graduate degree.

•   A certificate takes less time to complete than a graduate degree.

•   A certificate provides targeted knowledge and a specific skill set about a certain subject area. Generally, a certificate may be about 10 to 15 hours of coursework compared to the 30+ required for graduate programs. Requirements vary based on school and program.

•   A certificate generally requires a less comprehensive application process.

•   A graduate certificate may or may not be affiliated with an accredited degree program. In some cases, certificate coursework can count toward degree hours for a higher-ed degree.

•   Not all graduate certificate programs qualify for federal student loans. You may be able to use a private graduate student loan for a certificate program.

Is a Graduate Certificate Worth It?

A graduate certificate can be worth it, especially if you’re passionate about the field. It can be helpful to get some “real world” knowledge under your belt and understand exactly how the certificate will benefit you and your career goals.

Because a graduate certificate can be a lot of work, it’s also important to make sure you carve out time to be able to do coursework, study, and complete the certificate exam. Asking any questions prior to applying for the certificate program, or asking to speak to people who have completed the program, can be helpful.

Because graduate certificates can be expensive, and may not be covered by federal aid, you may be wondering how to pay for it. Some financing options include:

•   Subsidization through your current employer

•   Saving up to pay for the program

•   Applying for scholarships or financial aid through the certifying organization

•   Exploring other scholarship programs that may be available for you (such as graduate scholarships for military veterans)

•   Considering federal or private student loans for a certification program

Some certification programs may be eligible for federal student aid, including federal student loans and work-study. If this is the case, students can fill out the Free Application for Federal Student Aid (FAFSA) to see what types of aid they qualify for.

Private student loans may be another option for students to consider. These loans don’t always offer the same borrower protections (such as deferment or forbearance options) that come with federal loans. But some private lenders do offer student loans for graduate certificate programs.

Recommended: FAFSA 101: How to Complete the FAFSA

Estimating the Value of a Certificate Program

You may wonder how much a certificate will increase your market value as an employee. And of course, that answer depends on your field and the certificate program you are pursuing. To estimate the value of a certificate program, it can be helpful to:

•   Read review sites and salary ranges on employers you’re interested in.

•   Talk to people who have done the certificate program.

•   Talk about your career trajectory with your current manager or HR department.

•   Speak with the career development office at your alma mater for their perspectives on potential certificate programs.

But in addition to financial value, there’s also the educational value. Is this a topic you find interesting and feel you can lean into? Does the material inspire you and excite you? Because you’ll be spending a significant amount of time working on the material, it can be important to have some motivation to do so.

Costs Associated With a Certificate Program

It can also be important to carve out associated costs with the degree program. In addition to the certificate program itself, you also may need to pay:

•   Application fee

•   Exam fee

•   Certification fee, which may be several hundred dollars and may be required that you renew your certification annually

•   Fee for any materials, including textbooks

Making sure you know exactly what is required of you financially before you enroll can be helpful in planning how you’ll cover the degree.

Recommended: How to Pay for a Grad Certificate Program

How to Decide on a Certificate or Grad Degree

So how do you know which path to take? The answer depends on, you guessed it, your individual goals. But answering these questions may help you decide:

•   What do I want out of my studies?

•   What do I want my work-life balance to look like as I study?

•   What do I hope to gain out of my degree/certificate? What would be the best/worst-case scenario?

•   What are my short-term professional goals?

•   What are my long-term professional goals?

•   What do I like about my work right now? Is there anything I want to dive into more deeply?

•   What is the lack of a degree holding me back from?

•   How will I pay for it? Am I already juggling student loans from undergrad and how comfortable would I feel adding to my debt?

These can be some big questions, and it can be helpful to get perspective by speaking with a mentor, career coach, or someone from your school’s career development office.

You could also consider a certificate program that could go toward credits for a master’s degree. This can be helpful in allowing you to lean into the material and have a head start if you do decide you’d like to pursue a full master’s degree.

The Takeaway

A post-grad certificate can involve challenging coursework and an investment of time and money, but it could potentially set you up on the path to success and can help you further define your career goals.

Because certificates can be expensive, consider having a discussion with your employer and see if they would be amenable to paying for part or all of your certificate. Also, depending on the certificate program, students may potentially qualify for federal aid, including federal student loans. If that aid isn’t enough, however, some students may look into private student loans for qualifying certificate programs.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

Are post-graduate certificates worth it?

The answer is, it depends. In some cases, a postgraduate certificate can be a valuable investment for career advancement and greater earnings, especially when targeted to a specific field or skill set. It’s wise to research how certificate holders have benefited in their chosen fields.

Do employers look at graduate certificates?

An employer might indeed focus on your educational credentials to determine whether you’re well-qualified for a job. If a position requires certain degrees, certificates, and diplomas, having those listed on your resume could help you secure a job.

What are the cons of a post-graduate certificate?

A post-graduate certificate can require the investment of time and money, which may be a negative. Also, not all post-graduate certificates will open doors career-wise; some are more impactful than others, depending on your profession.

Photo credit: iStock/PeopleImages

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

SOISL-Q325-134

It’s no secret that college can be expensive. What’s not-so-widely known is that there are a number of states that offer eligible residents free tuition for both two- and four-year degree programs.

While many of these programs only cover tuition (not room and board and other expenses), they can be a huge help if you are looking for an affordable way to get a college degree. Read on to learn more about how free college programs work, where to find them, and how to fill in any remaining financing gaps.

What Are Free College Tuition Programs?

Free college tuition programs are typically state-sponsored programs that offer free tuition to eligible students. To qualify, you typically need to be a resident of the state and, in some cases, demonstrate financial need. Some states will also award free tuition to students that come from communities that are underrepresented in college attendance or who are first generation college students.

Free tuition programs are often set up as “last-dollar” programs, meaning they cover the “last dollars” needed to pay for college after all other financial aid, including grants and scholarships, has been applied. The idea is to bridge the gap between actual education costs and what a student has already received in aid.

However, it’s important to point out that many tuition-free programs only cover the cost of tuition. As a result, you may still have other expenses to cover, including fees, supplies, and room and board. In some cases, a free college tuition program will cover school fees or provide stipends for necessary expenses like textbooks.

💡 Quick Tip: You can fund your education with a competitive-rate, no-fees-required private student loan that covers up to 100% of school-certified costs.

States With Free College Tuition

What follows is a roundup of states that offer free or reduced tuition to two-year, four-year, and/or certificate programs.

California Promise Program

The California College Promise Grant waives fees for nearly half of students in the California Community College system , while others only need to pay a $46-per-unit fee. For example, if you’re a California resident enrolling in 12 units, you would pay $552 each semester. Students that live out of state pay more.

Indiana 21st Century Scholars Program

The 21st Century Scholars Program encourages Indiana students in the 7th and 8th grade to stay in school and keep up their grades by promising them money for college if they meet program requirements.

Oklahoma’s Promise

Oklahoma’s Promise pays tuition at public colleges and universities for eligible students. It will also pay a portion of tuition at accredited private colleges and universities. To qualify, students must enroll in the program in 8th, 9th, 10th or 11th grade and their parents’ federal adjusted gross income can’t exceed $60,000 (with one or two dependent children) or $70,000 (with three or four dependent children).

New York Excelsior Scholarship

Through the Excelsior Scholarship, New York students from families earning $125,000 or less can attend a state-operated SUNY or CUNY college tuition-free

Washington College Bound

In the state of Washington, students can apply to participate in the College Bound scholarship program, which gives eligible free students public college tuition, or an equivalent amount for an approved private college or career school. Students must apply for financial aid and attend a participating college in Washington.

Recommended: In-State Tuition: a Look at Establishing Residency

Arkansas Future Grant

The Arkansas Future (ArFuture) grant covers the cost of tuition and fees for certain certificate and associate degree programs at public education institutions in Arkansas.

Delaware SEED Program

The Delaware SEED Program gives scholarships to Delawareans of all ages who would like to pursue an academic degree (including an associate or bachelor’s degree) or a workforce training certificate at Delaware Tech.

Hawai’i Promise Scholarship

The Hawai’i Promise Scholarship provides free in-state tuition to students with financial needs who attend the University of Hawai’i Community College. This program covers direct education costs including tuition, books, supplies, transportation, and school fees.

Kentucky Work Ready Scholarship Program

The Work Ready Kentucky Scholarship Program assists Kentucky residents who want to pursue a certificate or an Associate of Applied Science (AAS) degree by covering the remaining cost of tuition after other financial aid has been applied.

Maryland Community College Promise Scholarship

The Maryland Community College Promise Scholarship offers eligible students who enroll at a Maryland community college up to $5,000 to cover any tuition costs and fees that remain after Federal or State financial aid has been applied.

Missouri A+ Scholarship

Missouri students who maintain a 95% attendance record and provide 50 hours of unpaid tutoring/mentoring may qualify for the Missouri A+ Scholarship. This program covers any gap between financial aid and the tuition and fees for community or technical college.

Montana Promise Act

The Montana Promise Grant is a state program that covers the cost of community, tribal college, or state college for two years. To be eligible, you must be a high school graduate who earned a 2.5 GPA or higher and has lived in Montana for at least a year.

Recommended: What Is the Cost of Attendance in College?

Nevada Promise Scholarship

The Nevada Promise Scholarship helps Nevada high school graduates go to community college virtually tuition-free. The grant covers up to three years of tuition and mandatory fees not covered by other forms of gift aid.

The Oregon Promise Grant

The Oregon Promise Grant is designed to make community college more affordable for recent high school graduates and GED recipients in Oregon. For eligible students, the grant covers remaining tuition amounts after other gift aid has been applied.

Recommended: What Are College Tuition Payment Plans and How Do They Work?

Rhode Island Promise

The Rhode Island Promise program allows recent Rhode Island high school graduates to obtain an associate degree at the Community College of Rhode Island tuition-free.

Tennessee Promise

For eligible students, the Tennessee Promise program covers the cost of tuition and mandatory fees not covered by other gift aid. The money can be used at any of the state’s community colleges, colleges of applied technology, and other institutions that offer an associate degree program.

Finding Ways to Pay for College

Free tuition programs may not be available to all students. In that case, paying for college may require compiling together a few different sources of financing.

Students can fill out the Free Application for Federal Student Aid (FAFSA®) each year to apply for federal aid, including scholarships, grants, federal student loans, and work-study programs. The FAFSA is also used by states to determine eligibility for their own scholarship and grant programs.

If you don’t receive enough financial aid to cover your funding needs, you may want to explore student loans. It’s generally recommended to exhaust federal student loans before turning to private student loans. Federal student loans typically have lower, fixed interest rates and offer more flexible repayment plans, including income-driven repayment. They also offer borrower protections, such as deferment and forbearance.

However, federal student loans don’t fully cover the cost of attendance for many students, and some students may consider tapping into private student loans as well.

Unlike federal student loans, which are issued by the U.S. government, private loans come from private institutions, such as banks, credit unions, and online lenders. While private student loans may cost more than some federal student loans, you can often borrow up to the total cost of attendance (including room and board), which gives you more borrowing power than you can get with the federal government.

💡 Quick Tip: Would-be borrowers will want to understand the different types of student loans that are available: private student loans, federal Direct Subsidized and Unsubsidized loans, Direct PLUS loans, and more.

The Takeaway

Some states offer free tuition programs that provide residents with resources to help cover their tuition costs. For those that qualify, these programs can provide much-needed financing to help them pursue their education goals.

Sometimes, state and federal aid isn’t enough to cover a student’s college costs. In that case, some students explore private student loans. Though these loans may lack some of the borrower protections available for federal student loans, they can be an option for filling in funding gaps. When shopping for private student loans, it can be helpful to compare potential interest rates and fees with different lenders to find the best deal.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

Which state gives free college tuition?

Several states offer tuition-free college programs, but eligibility requirements vary. For example, New York’s Excelsior Scholarship offers free tuition at public colleges for families meeting income requirements. Tennessee’s “Tennessee Promise” offers free community college to high school graduates. A number of other states offer similar programs. However, most of these scholarship programs cover only tuition — not housing, books, or fees.

How many US states offer free community college?

Roughly, 35 states currently offer tuition-free associate degrees. These programs typically cover tuition for in-state residents, though they may require meeting income thresholds, applying for federal aid first, and/or maintaining certain academic standards. Also keep in mind that these programs typically only cover tuition, not books, lab fees, housing, food, or transportation.

Is education free in every state?

Higher education — such as community colleges and state universities — is not universally free. While many states have introduced tuition-free or reduced-cost programs, these are not available everywhere and often come with eligibility rules. Also, students still typically pay additional expenses like housing, food, books, transportation, and activity fees, even when tuition is covered.

About the author

Jacqueline DeMarco

Jacqueline DeMarco is a freelance writer who specializes in financial topics. Her first job out of college was in the financial industry, and it was there she gained a passion for helping others understand tricky financial topics. Read full bio.

Photo credit: iStock/Vimvertigo

SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

SOISL-Q325-126

Satisfactory Academic Progress (SAP) is the minimum amount of academic progress you need to make in college to keep receiving financial aid, including grants, work-study funds, and federal student loans.

Each school sets its own Satisfactory Academic Progress policy, but typically students need to maintain at least a C average and be on target to complete their program within 150% of the program’s length. According to federal regulations, students who fail to make satisfactory academic progress toward their degree or certificate may lose their eligibility for federal student aid.

Here’s more information on Satisfactory Academic Progress and what steps to take for a SAP appeal if you’ve lost funding.

What Does SAP Stand For in College?

SAP stands for Satisfactory Academic Progress. Each college and university has its own SAP policy for financial aid purposes.

Your school’s SAP policy will likely outline:

•   The grade point average (GPA) you need to maintain

•   How many credits or hours you must complete by the end of each academic year

•   How an incomplete class, withdrawal, repeated class, change of major or transfer of credits from another school affects your Satisfactory Academic Progress

•   How often your progress is evaluated

•   What will happen if you fail to meet SAP requirements

•   Whether you are able to appeal your school’s decision on your SAP status and approved reasons for an appeal

•   How you can get back eligibility for federal student aid

What Is Satisfactory Academic Progress?

The U.S. Department of Education requires that any student receiving federal financial aid meet and maintain academic progress standards as they continue through their educational program. This is known as Satisfactory Academic Progress, and a college’s student loan requirements must be at least as strict as the requirements stated by the Higher Education Act of 1965.

Colleges typically use an academic performance metric as well as a time-based metric to determine a student’s SAP status. To see your school’s standards for Satisfactory Academic Progress, check your school’s website or ask someone in the financial aid office.

Satisfactory Academic Progress GPA Requirement

Academic performance is based on a student’s GPA. Typically, if the academic program is two or more years, then the student must have a minimum 2.0 cumulative GPA, or a grade of “C”, on a 4.0 scale by the end of the second academic year.

If the student’s degree or certificate program is a year or less in length, the school may evaluate academic performance after each academic term. If the program is longer than a year, the school must review academic performance at least once per year.

Satisfactory Academic Progress Credit Hour Requirement

You may need to enroll in and complete a minimum number of credit hours to receive financial aid for the year. Students must typically complete at least 67% of cumulative credits attempted in order to meet SAP requirements.

Dropping a class could potentially hurt your satisfactory academic progress if you are taking the minimum number of credit hours each year.

Satisfactory Academic Progress Completion Rate Requirement

Students must progress through their undergraduate program no longer than 150% of the published length of the educational program. For a four-year Bachelor’s degree program, 150% of the normal length is six years. For a two-year Associate degree program, 150% of the normal length is three years.

Recommended: The Ultimate Guide to Studying in College

What Is SAP Used For?

SAP is used to make sure that students are at least meeting Satisfactory Academic Progress standards in order to continue receiving federal, state, or institutional aid. Part of the reason for SAP requirements is to prevent students from using financial aid as a form of welfare and indefinitely delay responsibilities to repay student loan debt.

What Is a SAP Violation?

A SAP violation means your GPA doesn’t meet satisfactory academic performance standards or you are in danger of not completing your degree or certificate within a certain timeframe. Federal regulations state that any student receiving federal financial aid who fails to meet SAP standards may lose their eligibility to receive federal assistance.

Some colleges may give out a financial aid warning if you don’t make Satisfactory Academic Progress. Financial aid will still be given after a warning, but academic performance must be improved after one academic term. If progress isn’t made by the end of the term, federal financial aid may be suspended.

Recommended: What Is Financial Aid Suspension and How to Get Aid Back?

SAP Appeal

If your financial aid has been revoked because you didn’t meet your school’s standards, you may be able to file a SAP appeal if your school allows it. Your SAP appeal may be accepted based on extenuating circumstances and whether it can be linked to poor academic performance. Some examples include:

•   Death of a relative

•   Severe personal injury or illness

•   Other extenuating circumstances determined by the school

SAP appeals generally include the following:

•   An explanation of what happened Why weren’t you able to maintain Satisfactory Academic Progress? Explain what the problem was, when the problem occurred, how long the problem lasted and how this affected your ability to satisfy SAP criteria.

•   An explanation of what has changed Explain the corrective measures you have taken or will take to reach and maintain Satisfactory Academic Performance.

In addition to any forms required by your school, it may also be helpful to attach any relevant supporting documentation with your SAP appeal, such as a doctor’s note, hospital bill, or an obituary.

For information on how to file a SAP appeal, check your college’s website for directions.

Recommended: Am I Eligible for Work-Study?

SAP & Student Loans

If you’re successful in your request for a SAP appeal, your school may place you on financial aid probation. Although this allows you to continue receiving financial aid, probation that lasts longer than one academic term will require you to have an academic plan that addresses the faults that caused the financial aid suspension and to get you back on track. Academic progress is reviewed after each term while on probation.

On the other hand, if the SAP appeal was unsuccessful or if the school does not allow appeals, then financial aid is withdrawn until SAP requirements are met. Without financial aid, students are responsible for all costs associated with enrollment until they can raise their cumulative GPA to at least 2.0 and prove that they are on track to graduate within 150% of the normal timeframe.

While waiting for federal financial aid to be reinstated, students must pay costs out-of-pocket or rely on private student loans to help fund each academic term. It’s worth noting, however, that private student loans typically have higher interest rates than federal ones and don’t offer benefits like the deferment, public service loan forgiveness, and income-based repayment possible with federal loans.

The Takeaway

You must meet your college’s Satisfactory Academic Progress standards or risk losing federal financial aid in grants, student loans, or work-study funds. Contact your school’s financial aid office if you’re worried about your SAP standing, wish to complete a SAP appeal, or have any questions about your school’s SAP policy. If federal loans are not possible, you might consider private student loans as a source of funding.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

Is Satisfactory Academic Progress good?

Satisfactory Academic Progress isn’t inherently “good.” Rather, it means you are achieving at least the minimum qualifying grades and taking enough classes to be on track to graduate within the expected timeframe. This means you are maintaining eligibility for federal student aid as well.

What GPA is required for SAP?

Typically, the GPA required to show Satisfactory Academic Progress (SAP) is 2.0 for undergraduates on a 4.0 scale.

How long does SAP suspension last?

There is not a specific period of time for a SAP suspension to last. Rather, it usually lasts until a student meets the minimum requirements again or has successfully appealed their suspension.

Photo credit: iStock/skynesher

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®

SOISL-Q325-135

The terms “computer science” and “computer engineering” are often used interchangeably, but they are actually separate fields that focus on different aspects of computer technology. While computer science is the study of all aspects of computers with an emphasis on software systems, computer engineering focuses more on designing and building hardware systems.

Whether you choose to major in computer science or computer engineering, some — but not all — of the coursework will be the same. However, the types of jobs you will be best-suited for will differ. Which path is best for you will depend on your skill set and career interests. Here’s what you need to know about computer science vs. computer engineering.

What Is Computer Science?

Those working in computer science focus mainly on computing theory, programming algorithms and models to develop software or computer systems that people utilize around the globe. A computer science program will typically cover topics like design and analysis of algorithms, data analysis, an introduction to operating systems, and different programming languages. Computer scientists generally focus on software and are typically the ones to create algorithms that make programs like artificial intelligence, machine learning, cloud computing, and even video games work.

What Is Computer Engineering?

Computer engineers generally focus on creating, testing, and evaluating the technology for hardware and software interfaces. If you choose computer engineering as your major, the program will likely cover topics like computer architecture, computer networks, and physics. It is a computer engineer’s job to develop new processors, microchips, and other components that physically go into computers and smartphones to make them work each and every time someone clicks the “on” button. This field may often require a combination of electrical engineering skills and computer science knowledge.

Similarities and Differences Between Computer Science and Computer Engineering

While computer science and computer engineering are two distinct areas of study, there are similarities between the two. Both professions, for example, involve working with computers. Both also involve data and math and work to advance the field of computing. Because of these similarities, both areas of study could share prerequisites and coursework at your chosen college or university.

Computer Science vs Computer Engineering Job Outlook

Individuals with a computer science or computer engineering degree may be qualified for a variety of different types of tech positions in a wide range of industries. Here’s a closer look.

Computer Science Job Outlook

There’s some good news for those looking at becoming computer scientists in the near future. According to the most recent data from the U.S. Bureau of Labor Statistics (BLS) , the employment of computer and information research scientists is projected to grow 26% from 2023 to 2033, much faster than the average for all occupations.

What’s more, computer and information research scientists earned a median of $140,910 per year in 2024.

The types of jobs you may be able to get with a computer science degree include: software developer, database administrator, web developer, project manager, full-stack developer, engineering manager, user interface designer, information security analyst, information technology specialist, mobile application designer or developer, and more.

Computer Engineering Job Outlook

According to the BLS, the employment rate for computer hardware engineers is projected to grow much more slowly over the same timeframe. From 2023 to 2033, the job market for computer hardware engineers is expected to grow 7%, which is as fast as the average occupation.

The positive? The average salary for computer hardware engineers is high, sitting at a comfortable $155,020 per year in 2023. And while many entry level jobs in computer science require a master’s degree, entry-level computer engineering positions may only require a bachelor’s degree, which can save both time and money.

As computer scientists, those with a computer engineering degree could qualify for roles under a variety of job titles. These include telecommunications engineer, computer architect, communication engineer, network systems engineer, systems architect, and simply computer engineer.

Recommended: Return on Education for Bachelor’s Degrees

Computer Science vs Computer Engineering — Which One Is Better?

The question of “which is better, computer science or computer engineering?” really comes down to personal choice. To make this decision for yourself, it may be a good idea to consider what your dream computing job looks like.

Computer scientists can typically specialize in the following areas:

•   Artificial Intelligence

•   Human-Computer Interaction

•   Software Engineering

•   Mobile and Web Computing

•   Game Design

•   Computer Graphics

•   Data Science

•   Programming Languages

Computer engineers can typically specialize in the following areas:

•   Hardware Systems

•   Robotics and Cybernetics

•   Computer and Network Security

•   Distributed Computing

•   Embedded Systems

As you can see, both computer science and computer engineering are related. However, each comes with unique and exciting specialty areas. Which one is better will depend on your skills, interests, and goals.

The First Step to Becoming a Computer Scientist or Computer Engineer

While computer science is expected to experience more growth in the coming years than computer engineering, both fields can lead to a varied, lengthy, and well-paid career. Both also generally require at least a four-year college degree, which can be a significant financial investment. Once you pinpoint some schools and programs that interest you, you’ll likely need to figure out how you’ll manage the financial side of getting a computer science or computer engineering degree.

Fortunately, there are a number of ways to cover your college costs. A great place to start is by filling out the Free Application for Federal Student Aid (FAFSA). This form puts you in the running for grants, scholarships, work-study positions, and federal student loans.

If financial aid and savings aren’t enough to cover the full cost of attendance (COA) for college, you might look into getting a private student loan.

Unlike federal student loans, which are provided by the government, private student loans are available through banks, credit unions, and online lenders. Rates tend to be higher than federal student loans, but borrowing limits are typically higher. These loans are not need-based and generally require a credit check. Borrowers (or cosigners) with excellent credit tend to qualify for the lowest rates.

Keep in mind that private student loans may not offer the same borrower protections that federal student loans offer, such as Public Service Loan Forgiveness or income-driven repayment.

The Takeaway

While there is some overlap between computer science and computer engineering, the terms refer to two different majors and tech specialties that lead to different types of jobs after you graduate. Computer science tends to focus on computer theory and software, whereas computer engineering is more focused on computer design and hardware.

A career in either field can be rewarding, both financially and intellectually, though job growth is expected to be higher in computer science than computer engineering over the next eight years. Either major could be worth studying, perhaps with scholarships, grants, and federal or private student loans helping to fund your degree.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

Which is better, computer science or computer engineering?

Neither computer science or computer engineering is inherently better. It’s a matter of which one is a better fit for a given student. Computer science tends to focus more on software and applications, while computer engineering trains students to design and build the hardware of computer systems.

Do computer engineers do coding?

Computer engineers often do coding. Understanding coding languages can help them as they work on designing computer hardware and test its capabilities.

Is computer science oversaturated?

Some industry observers feel that entry-level jobs for computer science grads are harder to come by. However, overall, the field has very strong projected growth, with a 26% increase in jobs between 2023-33, which is well above the norm.

Photo credit: iStock/SeventyFour

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.

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College is expensive, with tuition and fees currently averaging $41,540 for students at private universities — that’s $166,160 for all four years. Tuition and fees at public colleges were lower, but still steep — averaging $29,150 for out-of-state students and $11,260 for in-state students.

Keep in mind that these numbers don’t include all the other necessary expenses of college life, such as room and board, books, supplies, clothing, and entertainment. At the same time, it’s difficult for college students to earn a lot during these years, given the demands of school.

Fortunately, there are numerous options for financing the cost of higher education, plus ways to trim your expenses while you’re in college and save money. Read on to learn how.

Saving Money as a College Student

Luckily, once you adopt a money-conscious mindset, you’ll likely find there are many ways to save money in college. Plus, building the habit of budgeting now can serve you well as you move on to life and enter the real world. Here are some tips for how to save money in college.

1. Take Advantage of Student Discounts

Lots of businesses and service providers offer special deals to students. You can buy clothing, shoes, and furniture for your dorm or apartment for less at certain retailers with a valid student ID.

Entertainment is another area where you can save. Some movie theaters offer student discounts at some locations or on certain days. Some museums and sports events offer discounted access to students as well. You may also find discounts on certain music and video streaming sites. And you can save on travel with discounts at certain car rental and car insurance companies, as well as on trains and buses.

2. Buy Your Books (and Other Necessities) Used

Renting or buying used textbooks is a classic way to save money in college. You can find used books at many campus bookstores and through online retailers.

Used books often come at a fraction of the price of a brand new book, and many are in perfectly good condition. Plus once you’re done, you can try to resell the book.

You can save by buying other items second-hand as well. You might try looking for used clothing and furniture at thrift stores, garage sales, estate sales, flea markets, or on sites like Craigslist, OfferUp, and Facebook Marketplace.

Recommended: 33 Ideas for Saving Money While Dorm Shopping

3. Cook Meals at Home

Food can eat up a big chunk of your college budget, since students with limited cooking skills and small kitchen spaces may be tempted to eat out for every meal. But restaurant tabs can add up quickly.

Shopping wisely for your own ingredients and making simple meals in your living space can help you save a lot of money — and leftovers from one home-cooked meal can be lunch the next day, for even more savings.

4. Serve as an RA

Becoming a resident assistant (RA), can not only be rewarding but also help you cut down on living expenses. RAs are a sort of big brother or sister in dorms, organizing social events, advising younger students, enforcing rules, and mediating disagreements. Many RAs receive free or discounted housing and meals, and some also get a stipend.

5. Cut Out the Extras

One of the best tips to save money in college is to look for areas in your budget where you can trim by choosing a less expensive option.

If you frequent coffee shops, for example, perhaps you can brew your own java a few days a week, or find a less fancy option with free refills. Instead of always going out to bars with friends, maybe you can take turns hosting get-togethers in your on- or off-campus apartments. If you belong to a fancy gym, you might search for lower-cost options on campus, join a sports league, or jog/run outdoors to stay on budget.

Instead of a spring break trip to an all-inclusive resort a plane-ride away, consider a group camping trip or sharing a house at a nearby lake. Get creative — the trip will likely be just as fun.

6. Pay Your Bills on Time

When you pay all of your bills by the due date, you can avoid unnecessary fees and help keep interest from piling up. If you’re worried about forgetting, you may be able to set autopay through your credit card, the service provider itself, or your bank.

Staying on top of bills not only avoids added costs but may also help keep your credit report in good shape. That could help you qualify for better terms on loans and credit cards down the line.

7. Take Advantage of Family Discounts

You may have left home, but maybe don’t cut the cord completely just yet. Many phone and car insurance plans are cheaper if you sign up with family members, rather than as an individual. If your family is on board, this can be one of the easiest ways to go about saving money in college.

If you’re under age 26, you should be eligible to stay on your parents’ health insurance plan, which may be less expensive than purchasing your own. You might also see if your parents will unofficially keep you on various “family plans” by sharing their logins for things like video streaming services.

8. Sign Up for Cash Back Credit Cards

If you’ve decided to use a credit card, you might as well earn some cash back while you’re at it. As long as you pay your bill in full each month to avoid fees and interest, you may benefit from a reward credit card. You could earn points that can be applied as a statement credit, sent to you in check form, or put toward merchandise or gift cards.

When signing up for a cashback credit card, look for one with a low or no annual fee that offers the highest amount of cashback possible. And remember, any benefits will likely evaporate if you do not pay your balance in full every single month.

9. Frequent the Library

Instead of purchasing books, look for them at your local or on-campus library. Your library may also offer magazines and movies so you don’t have to spend money on those, either. Many public libraries now offer digital loans you can download and enjoy instantly on your favorite device.

You might also consider using the library as a free and quiet place to study instead of spending money at the local coffee shop. To make your library experience even more enjoyable, invite friends to form a study group.

10. Give Up Your Car

If you live on campus, you may not actually need a car and all its associated monthly costs (insurance, repairs, gas, and parking, to name a few). Look into free campus shuttles and public transportation to get you where you need to go.

If you need to use a taxi or rideshare service, you can comparison-shop to find the cheapest option, and if you’re looking to take a longer trip, split the cost of a rental car with friends.

11. Look Into Work-Study Options

Work-study is a need-based federal program that provides student-friendly, part-time jobs to help cover school expenses. As a bonus, the work experience may benefit you when it comes time to jump into the job market.

To apply for work-study, you must fill out the Free Application for Federal Student Aid (FAFSA) and indicate that you would like to be considered for work-study. Selecting this option, however, doesn’t automatically mean that you will receive work-study as part of your financial aid package. Acceptance depends on a few factors, including when you apply (earlier is generally better), your level of financial need, and the school’s funding level.

12. Look for Discounted Banking Products

Some banks offer college savings and student checking accounts that don’t charge the same types of fees or have the same balance requirements as normal accounts do.

It’s a good idea to shop around and look into different banks (including banks with local branches and online banks) and compare what kinds of benefits they are offering to college students before making your decision.

13. Take Advantage of Free Campus Activities

Colleges often host a number of different activities for students throughout the week. There might be dances, plays and musicals, sporting events and more, all for free.

By choosing these activities instead of going off-campus, you can save money without sacrificing on fun.

14. Stay Focused

Though college can be a lot of fun, you also need to keep your eye on the prize (graduation) and stay on top of your schoolwork.

Taking more than four years to graduate could blow your higher education budget and negatively impact your earning potential. Some hyper-focused students even graduate in fewer than four years.

Recommended: Return on Education for Bachelor’s Degrees

15. Buy in Bulk

This one requires a little price sleuthing, but for nonperishable items you use a lot of, you’ll typically save money buying in bulk. This is true whether you have access to a membership at a bulk goods store like Costco or Sam’s Club, or you’re choosing between package sizes at a superstore like Target or Walmart. If you can’t use or store an enormous quantity of, e.g. toilet paper, consider going shopping with a friend and splitting the goods.

16. Turn in the FAFSA Every Year

Every year, you need to fill out your FAFSA form to qualify for financial aid. If you don’t turn it in, you could be throwing away free money.

While in the past the form was long and somewhat complicated, a new, simplified FAFSA form recently debuted. There were also some changes in financial aid eligibility rules, making it easier for some families to qualify — so definitely don’t skip the FAFSA.

17. Sell Your Textbooks

Once you’ve completed your courses for the year, you can take the books you purchased and resell them to get some of your money back.

To get the best possible price, compare quotes from your campus bookstore against the going online sale rate. Websites like BookScouter help you compare prices before you list your books for sale.

18. Consider Printing Expenses

You may already pay for use of on-campus printers with your student fees. Don’t spend additional money on printers, ink, and paper if it’s cheaper to utilize the printing resources at the library or other places around your campus.

19. Look Into Local Restaurant Deals

To enjoy a nice meal out while saving money, keep your eye out for deals at local restaurants. Many establishments offer happy hour specials or special discount nights.

You may also be able to access valuable coupons by downloading the restaurant’s app, signing up for their emails, and/or filling out surveys printed at the bottom of your receipts. There are also sites that offer restaurant coupons, such as Restaurant.com.

20. Find the Free Food!

You can’t get cheaper than free. Departments and organizations on campus will often offer free food like pizza and sandwiches to entice students to attend their events.

Keep an eye out for signs around campus. You could score some free dinner and you might find some interesting people or a new hobby while you’re at it.

💡 Quick Tip: Would-be borrowers will want to understand the different types of student loans that are available: private student loans, federal Direct Subsidized and Unsubsidized loans, Direct PLUS loans, and more.

Other Ways to Finance College

Saving can get you far. But you may still need help coming up with the full cost of attendance for college. Fortunately, by filling out the FAFSA, you will automatically be in the running for federal financial aid, which may include grants, scholarships, work-study, and subsidized federal loans.

It can also pay to research private scholarship opportunities online and apply for any you think you might qualify for. Though each award may be small, if you are able to get a few scholarships, it can add up to a significant sum.

You may then want to fill in any gaps in funding with different types of student loans, such as unsubsidized federal loans and, if necessary, private student loans.

Private student loans are available through banks, credit unions, and online lenders. Loan limits vary by lender, but you can often get up to the full cost of attendance, which is more than you can borrow from the federal government. Interest rates may be fixed or variable and are set by the lender. Generally, borrowers (or cosigners) who have strong credit qualify for the lowest rates.

Keep in mind, however, that private student loans typically have higher interest rates than federal loans, and they lack the protections of federal loans, such as deferment, public service loan forgiveness, and forbearance.

The Takeaway

College can be a very expensive proposition, but you can do your part to minimize costs by saving money while pursuing your degree. Tactics can include using your student status to snag discounts, buying in bulk, and snagging cash back, among others. As you budget for college, it’s wise to look into funding via grants, scholarships, and federal and private student loans.

If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.

FAQ

What is the 50/30/20 budget rule in college?

The 50/30/20 budget rule can be applied to life in college and after. It says to put 50% of one’s cash toward the musts of life, 30% toward the wants, and 20% toward saving or additional debt payments.

How to save the most money while in college?

It’s possible to save money when in college using a variety of techniques. These can include using student discounts, cutting back on discretionary spending and finding free food and entertainment on or near campus, snagging cash back rewards, and exploring work-study options.

How can I get more help with college costs?

To save on college costs, file the FAFSA every year to see what grants and scholarships you may be eligible for; also check with the financial aid office. Consider work-study and RA opportunities as well. Look for discounted goods and services just for students, too, such as fee-free banking and reduced student prices at stores near campus.

About the author

Kylie Ora Lobell

Kylie Ora Lobell is a personal finance writer who covers topics such as credit cards, loans, investing, and budgeting. She has worked for major brands such as Mastercard and Visa, and her work has been featured by MoneyGeek, Slickdeals, TaxAct, and LegalZoom. Read full bio.

SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.

Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Third Party Trademarks: Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®

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