While there is a lot of hesitation in families regarding how they’ll afford college for their children when they come of age, preparation can begin early. Parsing through this type of information is the value that parents can provide to the college search process. Their children, especially those not financially aware, will need all the help they can get in understanding the responsibility that comes from taking out loans to pay for the next four years of their life. How can parents and children prepare accordingly to best decide which college is right for them financially? It begins on their websites. Colleges frequently raise tuition and fees from one year to the next, but you and your student can get a good idea of the typical cost of attendance by reviewing school-specific websites. As your child considers new schools, review each school’s published cost information and financial aid policies. Though cost should not be the only determination in the college decision, it is important to consider the price tag as one of the core factors that will influence your student’s future. For more information on how to delve into school-specific cost information with your child, please check out the resource paired alongside this post.
The Parent-Student Relationship In College Searches for more information on the college search process, be sure to check out the Encourage App