For Parents
Planning for a child to go to college can be a challenging prospect. While much of your child’s success in the college admissions process will depend on their motivation and maturity, there are some things you can do to help. ASA offers information exclusively for parents who are interested in finding out more about PLUS Loans for parents.
How can I plan for my child for the road ahead?
Getting into college
The best thing you can do to help your child prepare for the college admissions process now is to encourage them to develop the study habits, skills or hobbies, and maturity that colleges look for in prospective students. Visit www.collegeboard.com for more information on planning for and applying to colleges.
Paying for college
While paying for college can be a challenge, there are many sources of financial aid for which you and your child can apply. If you’re starting to plan early, saving for college may be an option. If your child is ready to go to college now, loans and grants can help you and your child pay for higher education. Read more about the Federal Family Education Loan Program (FFELP). For information on college savings programs, visit www.collegesavings.org to find information on your state’s 529 college saving plan.
