by Robyn Stewart, former financial aid officer at College of the Holy Cross
Families that have the most success paying for college are the ones who approach the process as a family. Most people agree it is important to start talking to your children early about the importance of attending college, but what about talking about how to pay for it?
Let’s face it: looking for additional funds to cover college costs is like a part-time job, so it is wise to start as early as you can. Despite this well-intentioned plan of action, most of the families I speak with start searching for scholarships during their senior year in high school.
Consider what would happen if you started looking for scholarships when your child was six years old? How about when your child was ten? Most families aren’t thinking about college at this point, and with less competition, your chances may actually be better at securing one of these scholarships than if you wait until your child reaches high school.