If
you're one of those few parents that thought this far ahead back when your child
was in diapers you should be squared away by now. But, if not, its alright, most
parents don't begin even thinking about college or its financial implications
until their children get into high school.
There are many options available to help you foot the
bill for the most expensive four-years (or longer) of your child's life.

Paying
the bill
If you haven't a clue where to begin there
a few good places to start.
Most colleges provide some kind of institutional
aid. There are also many options available at the federal
and state level. Fellowships
and grants are easy ways for your child to receive interest free aid. There
are many forms of student loans that can be taken out
by either you or your child. You may encourage your child to pursue forms of military
aid or national service aid which offer
financial aid to students who serve in their programs.
Scholarships are one of the best forms of financial
aid because they don't have to be paid back. There are many tax
benefits for adults who are planning to return to school or are sending
their children through school.
Suggesting a work study program to your child is
a very feasible solution.
Is it wise as far as financial aid is concerned to have your child maintain their dependency
status? Perhaps, but perhaps not. Are you confused with all of the terms
used in materials written about financial aid? So are we, learn the lingo before
you get too confused.
Is your student a procrastinator, never doing things until the last minute.
You can calmly suggest some of these deadline tips
to help avert another missed deadline.
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