Start Planning Today for Your Child's College Fund

Start early by researching colleges that fit your academic interests, budget, and personal preferences. Then, focus on your application materials: transcripts, recommendation letters, standardized tests (if required), and extracurricular activities. Consider financial aid options and scholarships. Be sure to adhere to application deadlines and follow up on your application status.

Consider factors such as academic programs, campus culture, location, size, tuition, and financial aid offerings. Make sure the college aligns with your long-term career goals. Visiting campuses, talking to current students, and reading online reviews can also provide valuable insights.

Public colleges are funded by state governments, making them typically more affordable for in-state students. Private colleges are funded by tuition and donations. They often offer smaller class sizes and more personalized attention but have a higher tuition cost.

Start by filling out the Free Application for Federal Student Aid (FAFSA). This form is essential for qualifying for federal grants, loans, and work-study programs. Many colleges also offer their own scholarships, so check individual school websites. Don’t forget about external scholarships, which can be found through various organizations.

Grants are typically need-based and do not require repayment. Scholarships can be merit-based or need-based and are also typically non-repayable. Loans must be repaid with interest, but there are federal loan options that offer lower interest rates and repayment flexibility.