Question for those with College age kids

iVillage Member
Registered: 03-26-2003
Question for those with College age kids
6
Sun, 01-11-2009 - 9:34pm

My son is twelve.

iVillage Member
Registered: 05-14-2006
Sun, 01-11-2009 - 10:14pm

I have two who have graduated from colllege and one who is a college sophomore.


They look at all your income, in some cases non taxble income.


They look at how much you have in the bank, how much you have in investments and cash on hand.


They take into account the size of your family and how many in the family are full time students.

iVillage Member
Registered: 12-03-2007
Sun, 01-11-2009 - 11:11pm

We just helped DSS apply to college and are now in the process of helping him apply for financial aid and scholarships.

Emily

iVillage Member
Registered: 07-26-1997
Sun, 01-11-2009 - 11:27pm
I was told never fill in the forms for financial aid till the part of the month your accounts are real low.

 

iVillage Member
Registered: 05-18-2006
Mon, 01-12-2009 - 10:38am
I would pay off my house.

iVillage Member
Registered: 02-26-2007
Mon, 01-12-2009 - 11:51am
Have you looked into state prepaid tutition plans?

Karri-7-08.jpg image by freddysbride

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iVillage Member
Registered: 03-26-2003
Mon, 01-12-2009 - 5:57pm

Wow, you guys are a wealth of information.