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In a recent survey conducted by the American Council on Education it was found that financing their children’s college education is one of the top five concerns facing American parents today. Although parents generally have good intentions, there are many unforeseen circumstances along the way that prevent them from saving a sufficient amount of money to pay for their children’s college education. With today’s economy, and the inflation we have experienced over the past twenty years, this problem is far more evident now than it ever has been in the past. It most often takes two incomes just to meet the family’s budget. Unfortunately, after paying the family’s monthly expenses, there is usually not much left over for the student’s college education. Fortunately, you do have options! Who Gets the MostAlthough funding for college was originally designed to go to those who need it the most, it actually goes to those who know the most about the process. Typically, the more you know about deadlines, strategies, where funding comes from, and who is most likely to be awarded funding, the more money for college you will receive. Your preparation for college will be time well spent. With successful preparation, you will most likely be able to gain admission to your dream school and receive enough money to attend. In addition, your preparation will also make you a well-rounded person who will be better suited to face whatever the future may present. High school sophomores and juniors are already competing for admission spots and funding dollars. Your competition is working hard – shouldn’t you? If you are a sophomore or junior - start now! If you are in your senior year - time is valuable. Set your goals, devise a plan, and give the extra effort necessary to “make up” any vital steps in the process that you may have missed. |
Private School Possibilities - by Gail Osten: My oldest son has a good friend who...
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College, besides being expensive, is essential and has a large impact on your child's future.
revenues. Families are typically ill prepared and mistakes can be costly.