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Vacation Ideas That Save You Money

We all need time away from our daily grind to recharge our batteries. But whether you’re traveling with a family or on your own, summer vacation travel can really add up. According to a recent survey by AAA, more than one-third of families surveyed plan to travel 50 or more miles away from home. And this year, Memorial Day travel plans are at their highest level since 2005, according to AAA.

Americans may be spending more on travel this summer, but being financially savvy means that you don’t have to follow the crowd. You can take a great vacation this summer without breaking the bank. Here’s how.

[See: 12 Frugal Ways to Save on Vacation.]

Choose a local destination. Regardless of what you plan to do when you get there, the farther you travel, the more expensive your trip. Airfare, hotel, car rentals, restaurant meals in airports — the incidental expenses of traveling can all add up. If money is tight, but you need a vacation away from home, look into resorts or destinations to which you can drive. These can still make for memorable personal or family vacations but will significantly reduce your transportation costs, potentially saving you thousands of dollars. A staycation is also a great money-saving choice. Sometimes, all you need is a break from work and time with your family. You don’t have to leave home to experience that. A daytrip to a nearby lake or a quiet afternoon with a book in your own yard could be just what you need to relax and re-energize.

Look into national parks. National parks, such as Grand Canyon, Yellowstone, Yosemite, Acadia, Great Smoky Mountains and Glacier, are famous around the world for good reason. They offer some of the most amazing scenery anywhere in the world at an affordable price. For example, the cost to enter Yellowstone National Park is just $30 per vehicle. In-park lodgings are also usually less expensive than a stay in a comparable hotel or resort. Most parks also offer camping accommodations. The best part? A visit to a national park is something you can enjoy, even if you don’t have time to take a long trip. With 59 designated national parks and 417 park sites nationwide, there’s probably one within a few hours of where you live.

[See: 12 Habits of Phenomenally Frugal Families.]

Rent a house, skip the hotel. Hotels have their benefits (who doesn’t like a perfectly made bed every night with turn-down service?), but they are the most expensive option for accommodation, especially for families. After all, it’s not just the hotel you’ll be paying for. Hotel restaurants, gift shops — even the pool bar — all charge a significant premium for what they provide. That’s because when you’re staying in a hotel, you are a “captive audience.” Fortunately, hotels are not your only option. With the advent of services such as VRBO or Airbnb , it’s now easier than ever to rent an entire house or condominium at a fraction of what it costs to stay in a hotel in a comparable area. Room fees are just the beginning of the savings you’ll experience. When you rent a house, you can also save money on food because you can cook your own meals. Taxes and occupancy fees may also be lower.

Time your travel. When you travel is almost as important as where you travel. By timing your travel for off-peak seasons or days of the week, you can significantly reduce the cost of your airfare. It’s also important to plan ahead. The best time to buy your tickets is 112 to 21 days in advance of travel, according to CheapAir.com.

[See: 10 Fun, Frugal Ways to Spend Your Free Time.]

Choose a less expensive airport. In many larger cities, you may have multiple airports to choose from when you travel. For instance, if you’re flying to the Bay Area, you can choose between San Francisco, Oakland or San Jose as your airport of choice. Each of these airports charges a fee to airlines to use their facilities. These fees are passed along to you in the form of higher fares. Typically, the larger and busier the airport, the higher the fees. Reduce these costs by choosing a smaller, less expensive airport near your chosen destination. There can be a difference of as much as $100 per ticket, which adds up quickly when booking tickets for a family. An added bonus is that these smaller airports are less likely to experience long waits to land or take off during busy travel times — a big consideration if you’re traveling with young kids.

Taking time off to spend with your family and friends doesn’t have to break the bank. It all comes down to planning and choosing wisely. By following these simple tips, you could cut your summer vacation bill by hundreds of dollars and still be able to say that 2017 was your best summer ever.

More from U.S. News

11 Easy Ways to Slash Travel Costs

10 Summer Savings Tips

How to Live on $13,000 a Year

Vacation Ideas That Save You Money originally appeared on usnews.com

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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