to Find Money for College
cost seem to be soaring ever higher. The average public
college cost is between $8,000 to $10,000 per year.
A private university can easily cost over $20,000
a year. The BIG QUESTION for parents is how
to find money for college costs?
don't have $20,000 sitting around every year for college,
so money for college usually comes from:
parents need to start early to save money for college
costs. The earlier you start, the easier it is to
have a significant portion of the money saved in time
for college. One of the most popular plans to save
for college are 529
college saving plans. These plans offer significant
tax benefits when the funds are used for college costs.
and your state government provide financial aid opportunities
for college costs. The federal government should be
your first stop on the college grant search.
must complete the Free Application for Federal Student
Aid (FAFSA). Your kid's high school should have these
forms available, so give them a call to get copies
to complete. You can also complete the form online
at the FAFSA website.
are so many sources for college scholarships available
it will make your head spin. Many of these depend
on your child's grades, but that is not always the
case. Some are based on ethnicity. Some are athletic
scholarships for kids who excel in sports.
high school guidance counselors for available
scholarships. Check with local civic clubs, employers
and other associations.
resources are a great way to find money for college.
Here are some college scholarship search sites that
owe it to yourself and your kids to get the best education
possible without wrecking your own finances. If you
are lucky enough to have young children with college
many years down the road, start saving now! Open a a
or a UGMA/UTMA account now because time is on your side.
time is a luxury you don't have, start researching college
grants and scholarships. The process can be tedious
with tons of paperwork, but if you follow it through,
you may be rewarded with money for college that
you did not have before you started the process!
for your children. Free!
I first found out about Upromise I was so excited!
Why? Because you can save for your children's education
just by doing what you are already doing! When you sign
up, a portion the money that you spend already on gas,
groceries, resturants, online shopping and more get's
deposited in your account for their school expenses!
It's a completely free way to help you save for college.
Upromise, a portion of the money you and your friends
spend every day on groceries, resturaunts and and much
more will go into an account for your children's college!