cosignors

Many times — maybe too many — high school seniors are just so happy to be accepted to their dream school that they don’t give a second thought to the financial implications of their college choice. Then reality sinks in when they start digging into the details of college award letters. At College Parents of America, […]

April is such a key month for collegebound families, in no small part because final family decisions on a college are on deadline. By now, your student has acceptance letters in hand. But maybe this spring brought your student a towering stack of acceptance letters to consider. In such a case, how do you discuss collegiate opportunity with your student? And how do you, along with your college student, weight the reality of college finances in choosing a school?

  photo by flickr user lendingmemo (cc license) A recent Reuters piece details a few tricks that some families do in hopes of getting a better financial aid offers. However, unlike most news articles concerning financial aid tricks, these tricks are considered ill-advised. As the article states, “These methods carry significant risks and may not even work.”

What's your student's magic number for graduation? Hint: it's probably not the same as "full-time" status.