Warning. The amount you receive from closing your 401k is likely not the amount you should be rolling over. When you take a distribution from your 401k plan, the plan has to withhold 20 percent of the distribution for taxes. For example, if you take out $60,000, you're only going to get a check for $48,000.
Arkansas State University offers a four-year electrical apprenticeship program for $260 per year, which covers 2,000 hours of job training. Electrical apprenticeships may last longer than other programs, but students have the ability to earn an income while they work. Licensing for electricians costs $15-$150 per year, with an exam fee of $30-$75.
Electricians receive training through community colleges, trade schools or apprenticeship programs that combine on-the-job training with related classroom instruction. Typical costs: A certificate or associate's degree costs about $1,000-$11,000. 1  For example, J.F. Drake State Technical College in Huntsville, AL, offers two different certificate programs in electrical technology for $4,400 and $9,229. An associate's degree at Hawkeye College in Waterloo, IA, costs $11,171 for tuition and fees.