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First step, don’t panic! It’s never too late to reduce your family’s college expenses. Here are a few steps to get you started.
We suggest you start with a realistic appraisal of what college will cost when your student matriculates, and what resources you will have available. Figure out where you stand in the complex world of financial aid. Consider the pros and cons of alternative sources of funding. Determine what is important to you in terms of your kids and your money.
Finally, get your teenagers involved and on the same page so they understand what their role is. In fact, that’s one of the goals of our Teen Connection. When you take these steps, you will be well on your way to developing successful plan.
If you get stuck somewhere along the way, we’d be glad to help. That’s why were here.