Friday, November 25, 2011

Is College in your teen's future?

Dear Parents,


My daughter is in her first semester of college.  Having just gone through the whole process, I wanted to offer a few words of advice.   I want to start with the issue oft paying for college. 

Let’s say your student wants to get into some great school, and you are saying to yourself " I can’t afford it.I want you to stop and take a deep breath.  Don’t kill off your students dream just yet.  The price that colleges put out is called the sticker price.  It is intended to freak you out, but don’t freak out just yet. 
 
Typically, college funding comes from about 5 different sources.  Parents contribution is only part of the puzzle.  Other funding typically comes from School awards, (funded by endowments)  federal and state grants, scholarships, and student contribution, and student loans. 
 
I would encourage you to encourage your student to pursue it, and see what they get offered. 
In the meantime, get yourself educated.  There are resources available to help you understand all of this.  If you look up the Greenes, they have some good video programs that will help you to make sense of it all.

To Your Family,

Jane Cabrera
The Parent Success Coach

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