Start saving early: The earlier you start having your child save the better. Whether you pay them allowance or if they have a part time job during high school, have them put away a portion for college. This will not only help cushion their expenses once they get to school but it will teach them about saving.
Get a part time job: A typical college student takes anywhere from 12-15 credit hours a semester. For each class it is expected to study about 3 hours, so there is time in the evenings or on the weekends for your child to get a part time job. Suggest they find an on campus job to help them stay close to school and on campus jobs tend to be more lenient when it comes to needing time to study.
Grants: There are many different grants that your child can apply for. Start local and head to nationwide grants that are offered. Speak with an admissions counselor or the financial department of the expected colleges that your child plans on attending to find more information on grants.
Scholarships: Scholarships are given out very often for just about anything. Whether your child is athletic, maintaining a good GPA or involved in some sort of special community organization there are plenty of scholarships that are given.
Work-Study: Many different colleges have a program that they call work-study. This means that your child works on campus and that job helps pays college costs and expenses. For example if your child is an English major, the college’s English department may have an opening in their office for a student worker. Your child works and the pay check is wholly or partially put towards their tuition bill.
The important facts to remember are to start your child on saving early and have them apply to grants and scholarships as soon as possible. They can look into a part time job where they pocket the money or a work-study job that will go directly to their tuition. Consult your child’s college financial department for more help!
Nancy Parker was a professional nanny and she loves to write about wide range of subjects like health, Parenting, Child Care, Babysitting, nanny, www.enannysource.com/ etc. You can reach her @ nancy.parker015 @ gmail.com