Paying for college can be a monumental task, and often requires a team effort to pull it off, including significant contributions from the both the student and their parents. Lucky families may also receive help from outside their immediate household, most commonly from grandparents. But did you know that ill-timed tuition payments from grandma or grandpa could cost you substantial amounts of financial aid? Tune in to the latest installment of our video series, We Can Explain, to learn how grandparents can best help pay for college without costing the student financial aid. Click here to watch “College Finance Tips & How Grandparents Can Help.”

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Written by Shannon Vasconcelos
Shannon Vasconcelos is a college finance expert at College Coach. Before joining College Coach, she was a Senior Financial Aid Officer at Tufts University and Boston University. Visit our website to learn more about Shannon Vasconcelos.