I am in university and cringe in horror when I hear students bragging about poor GPAs and threats of suspension. Whether you get thrills from being on the naughty list is up to you – but from a frugal perspective it is not economically smart to be a bad student.
Here are 7 reasons why getting good grades should matter to you:
- You get scholarships for good grades.
- The higher your grades, the more money you get from scholarships.
- With good grades you can become eligible for membership to clubs like the Golden Key Honours Society.
- Membership to grade-driven societies will give you access to more scholarships specifically for members.
- Clubs/societies will afford greater networking opportunities that could help you find your next job.
- You can put scholarships received and clubs a member of on your resume which will look great to future employers
- You eliminate the need to retake a course (and thus spend all that money again) because your grade wasn’t high enough to graduate or transfer the credits.
A few personal examples to demonstrate that this all works. I currently am getting $2200 a year in scholarships with my decent GPA. If I could increase my GPA by a bit more, I would increase the money I get by nearly an extra $1000 – just from the 2 types of scholarships I get right now. A girl I know who is a member of the Golden Key Honour Society just was awarded a $5000 scholarship exclusive to Golden Key Members.
May I say, that is a lot of money.
Grades matter: not just as bragging rights or to please your parents and teachers. From a financial perspective they are a wise investment.
Moosers, what do you think?