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Location: Home > career > Family and parenting-how to find financial assistance for your college age son o
With college tuitions continuing to rise all over the country, most graduation seniors will need some type of financial aid to help them go to college. There are actually several venues that parents and their children can investigate when searching for help in paying college expenses.
One of the most valuable resources that parents and their children can use should be their school¡¯s guidance office. Guidance counselors should have first hand knowledge of all of the scholarships available to students. Parents shouldn¡¯t wait until their child is a senior, however, to begin the hunt for financial aid. There are many scholarships available to high school juniors, as well as a few for sophomores.
Many scholarships are based on ACT and SAT scores. It is very beneficial to a student if he or she begins taking this test as a sophomore. Scores typically rise each time a student takes the test, and taking the test early will help a student become more familiar with how the test is formatted. The higher the scores, the better chance a student has of obtaining a more significant scholarship.
There are so many scholarships available, and many students have had success finding scholarships to local community colleges and universities. Most community colleges and local universities encourage graduating seniors to attend their campuses, and to do this they may offer various scholarships, including academic, athletic, and leadership scholarships. If your school¡¯s guidance office does not have this information on hand, you can go directly to the source by visiting the college¡¯s or university¡¯s website or making an appointment with their financial aid office.
If you are planning on your child attending your alma mater, you will definitely want to see if there are any scholarships available for children of that university¡¯s graduates. If you or your spouse is an armed services¡¯ veteran, there may also be aid available.
Local businesses sometimes offer scholarships to students who will be majoring in a career that is similar to that business. There also may be memorial scholarships available for seniors. These scholarships are generally set up to honor a graduate or former student of a local school, and they are open to graduating seniors from that school.
Of course, scholarships aren¡¯t the only type of aid available. There are many grants given by the federal government. These grants are typically given to students from lower income families. One of the best advantages of these grants is that most of them do not have to be repaid. Some of these grants may be tied in with a work-study program. In this program, students are given help in finding a job on campus. They can schedule their work hours around their classes.
Finally, there is an abundance of student loans available for students to take advantage of. For many of these loans, students will not have to begin making payments until six to nine months after graduation. Most of these loans also have a low interest rate.
There is financial aid available to anyone who wants a college education. Students and parents need to peruse the Internet and keep in close contact with their school¡¯s guidance office. They should also contact any of the colleges and universities they are interested in attending to find out what aid is available.
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