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Education & Financial Aid

Ever-rising tuition prices make paying for college difficult for all parents, but especially for single fathers. Not being able to afford to pay your child’s tuition ahead of time is no reason your child not to attend a university. Going broke and a higher education for your children do not go hand in hand; there are ways to avoid this situation. Your child will probably need to pitch in and help carry the load, but that will make their time in college all the more gratifying.

Availability of scholarship money should not be underestimated. Scholarships are available and your child does not need to have a grade point average of a 4.0 to procure one. There are various types of scholarships, not just academic ones. FastWeb.com, Collegeboard.com, Wiredscholar.com, and ScholarshipCoach.com are places to look for a huge number of scholarship options. Have your son or daughter submit applications for as many scholarships as possible and resubmit each year. Your child can obtain scholarship money for every year they are in school.

Student loans and grants are another wonderful way to pay for college. Be sure to have your bundle of joy apply for every grant he/she can and then visit FAFSA (www.fafsa.ed.gov) to apply for financial aid. A high school guidance counselor can provide you with more information or scouring the internet for “college grants” are just some of the resources to help your search. If grants won't cover the cost of tuition, student loans are a low-cost alternative or supplement. Student loans teach responsibility and give students an involvement in their own education. Student loans are also manageable because they have low rates and are paid off over a long period of time. There are also student loans with low rates that parents can take out in their own names.

If your son or daughter wants to attend a four-year university, ask them to consider attending a more affordable community college for the first two years and then transferring. Most universities accept up to 64 transfer credits (or more), making it easy to get the core curriculum out of the way at a much cheaper price. Just be sure your student checks with both schools beforehand so they'll know what classes to take for their intended degree and what will and won't transfer over.

College isn't bargain basement priced and affording it will not be easy. But there are resources available to help you send your child through school. Just know where to look and know when to put your pride aside to ask for help.


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