College Financial Aid
Filed in archive Education by Melissa Petri on February 28, 2007

If you have yet to figure out where all those money would be coming from, you would have to check what financial aid is available so your child can go to college.
Full-scholarships are, of course, that manna from heaven given to smart kids. It's the best option since you nor your child need not repay anyone. Start scouring the web for available scholarships being given out by organizations and universities.
Another possiiblity for your über-achiever is to apply for a grant which, like scholarships, need not be paid back. The Federal Pell Grant is just one example.
Need-based Financial Aid are for those who, obviously, are not able to pay for the cost of education. Fill out a FAFSA form.
Another possibility is for your child to work while studying. Ideally, he/she would find employment that is related to their academic studies.
Student loans are probably the easiest college financial aid to secure. Look for interest-subsidized and payment deferred student loans so your child can affordably repay the loan.
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