hey what's up guys my name is Nolan Mayfield I'm the founder of this channel
and today I'm going to tell you exactly how I am being paid to go to college. now
I know that might sound a little crazy but I assure you that I am telling the
truth and in fact I'm going to walk you very thoroughly through my entire
finances to show you how at the end of every month I actually receive a check
in the mail from the University of Oregon where I'm a student I'm excited
to have you here and let's get started
now I'm excited to tell you guys how I'm being paid to go to college but before
we really get into this video I need to make it quick this disclaimer then this
is absolutely not some sort of weird flex in fact I have nothing to gain from
showing you how I'm being paid to go to college and all of my personal finances
and I just want to show you guys I really have no ulterior motives I'm
actually making this video because I really want to provide value to anybody
watching this and if there's even one person who thinks that they are not able
to afford college and this video somehow convinces them otherwise it would
absolutely be worth my time and be worth making this now with that said I'm gonna
dive right in and begin with breaking down the costs of attending the
University of Oregon like I mentioned where I'm a student now if you go to the
University of Oregon's website you can see that the cost of attendance for an
in-state student which I am is twenty six thousand six hundred and forty
dollars breaking this up there is an estimated 13,000 eight hundred and fifty
seven dollar charge for tuition and fees based off of a typical enrollment for
new incoming undergraduate students additionally there's an estimated twelve
thousand seven hundred and eighty three dollar charge for room and board which
totals up to a twenty six thousand six hundred and forty dollar charge this
page is average estimates but in my experience does seem pretty accurate the
price of each term or year can go up or down depending on where you live and how
many classes you take but the numbers listed here do seem pretty spot-on this
page also lists the additional cost of books and supplies personal expenses and
transportation but in my opinion the only additional cost which I just
mentioned on this list that actually directly applies to your education is
books and supplies personally expenses and transportation is something that I
would pay for but in my opinion are highly variable and for the sake of this
video I don't think they're completely
relevant for example if I were to not attend college I would still be paying
for personal expenses and transportation so I would still be going out with
friends and instead of walking to class would be driving to work books and
supplies are so similar to tuition though that in my opinion they're
absolutely worth including and they're estimated at one thousand
one hundred and forty dollars now if there's anyone who has attended ORS in
college they should know that no one actually buys every textbook that they
are recommended by by professors in fact in my experience I have only actually
bought textbooks less than one-third of the time and I'll typically only buy
them if they're actually tied to an activation code for an online course or
just for an extremely difficult class because of this I'm going to lower the
estimated cost of books and supplies to about $500 and including this this
brings the total annual cost of attendance for an in-state student to
approximately twenty seven thousand one hundred and forty dollars now what the
cost of attendance all ironed out it's time to dive into my personal finances
and some of the tools that I have to pay for college the first and perhaps the
most obvious is scholarships when I first applied to the University of
Oregon as a high schooler I automatically received the summit
scholarship for a high grade point average and because of this I was
awarded a reoccurring scholarship of $6,000 on an annual basis but that was
not all when I applied to the UFO I also applied for a variety of other
scholarships and surprisingly was actually awarded the UFOs Presidential
Scholarship which is given to 50 incoming freshmen every year for $9,000
on an annual basis I never thought that I would receive this and to any high
schoolers who are watching this today I really hope you take that out of this
video seriously apply to any and every scholarship that you can even think of
as you never know if you'll get it like I said you never know what can happen
and I'm living proof that things can turn out for the best
from my accountants keeping track though my combined scholarships were worth a
total of fifteen thousand dollars on an annual basis I mentioned earlier that my
estimated cost of tuition was thirteen thousand eight hundred and fifty-seven
dollars though and my scholarships cannot exceed my cost of tuition
so this does only reduce my annual estimated cost by thirteen thousand
eight hundred and fifty seven dollars but with that said I can take more
classes up to a total of fifteen thousand dollars with no financial
consequence and have added a minor because of this moving on I do still
have a twelve thousand seven hundred eighty-three cost of room and board that
isn't covered however I have this fully covered through my work as a resident
assistant or an RA I assume you know what an RA is but if you don't it's
basically a live-in student leader on every floor of the dorms
maybe one-on-ones respond to emergencies and unfortunately are most commonly
known for writing students up personally I loved being an RA and if you go ahead
and subscribe right now you may you can see a video on that topic later on if
you guys would like but to anyone who is watching this and needs assistance
paying for college I just have to say that becoming an RA is the best thing
you can do it isn't reliant on grades the way scholarships are and it has a
huge reward for the amount of work that you're putting into it
in fact my single room and deluxe meal plan at the University of Oregon is
valued at a whopping nineteen thousand dollars and for this I do work but I
don't do nearly as much work as a minimum wage job would require to pay
for this I have three hours of meetings every week and I'm on call about once a
week but being on call is in no way a working shift the way you might think of
it as you can do homework and you can also sleep between your two to three
rounds of the building you live in I also have to do one-on-ones decorations
and plan some small floor events on my own time and I know that may sound like
a lot a lot but it is completely manageable even with a personal list of
a lot of other commitments and most importantly is completely worth it now
so we wrap this video up I am still left with a five hundred dollar cost of books
and supplies which needs to be covered but what a lot of people don't know is
that the RA position actually pays you a $600 stipend over the course of the
academic year in other words after covering the five hundred dollar cost of
books and supplies I actually finished the school year with a net positive of
$100 and like I said earlier and being paid to go to college like I said my
goal with this video is really just to speak to anyone out there who is not
thinking of attending university because of the fine
Angell cost or as a matter of fact is thinking of attending a community
college for the same reason attending Community College is a great and
well-known way to reduce the cost of college but if you can get yourself into
a situation like mine it is absolutely possible to attend a four-year
university in its entirety or for another matter
those that are set on attending a four-year university already don't
discount the possibility of graduating debt-free it's actually a goal of mine
and time will tell if I'll get there in this video I would also just point out
that I've never brought up side hustles which are a huge focus of this channel
and are another really great way to pay for college if you're interested in
those definitely check out the channel as I think you'll like what you'll see
before this video ends I also want to give you guys a bonus tip if we're
interested in free housing please check out the Evans scholarship it's a
relatively unknown scholarship that provides four years of free housing for
caddies and it's something I strongly regret not applying for myself not only
does have a beautiful house at the University of Oregon but it also has
free housing at 17 other top universities in the United States I'll
drop the link to that in the description of this video so make sure to check that
out alrighty folks that's all for today
thank you so much for watching and if you like making money in creative ways
especially as a college student please subscribe below
in fact our channel is so small right now that according to my calculations
have you subscribed right now our total number of subscribers will increase by
2.5 percent and I don't understand what anybody wouldn't want to do that so like
I said please go ahead and subscribe thanks for watching this and I'll see
you guys next time