It’s that, “oh shoot, honey, do we still have those in our strong box” kind of investment: Yes, I’m talking about savings bonds. You likely stashed them away for your kids 15 years ago, and if you’re like many families, you may have forgot about them entirely. But if your kids are now in college, it may be time to take a trip down to the cellar to dust them off.
If your child is a soon to be a first-time borrower, you likely have questions about student loans such as: What types of student loans are available? What options might make sense for my child?
Early action, early decision, rolling admission, regular admission. When all you want to know is when to apply by, the terminology can throw you for a spin. What deadline is best for your high school senior? Are there implications on financial aid based on the chosen deadline?
October 1st should be a date marked on the calendar of all parents with students in college next fall. It signifies the first day to fill out the Free Application for Federal Student Aid or “FAFSA” to apply for federal student aid.