If you've got a kid heading off to college soon, the money you'll need to pay for those biology books, dorm rooms, and late-night cheeseburgers will come from many places. Here are the biggies:
- Your savings
- Your child's savings
- Federal financial aid grants and/or loans
- The college's financial aid grants and/or loans
- Other loans
- Campus work/study jobs
- Other part-time work
- Change found under sofa cushions
There's a lot to know about how to save for and pay for college. Drop by our College Savings Center. And check out The Motley Fool's Guide to Paying for School: How to Cover Education Costs From K to Ph.D., by Robert Brokamp.
Also of interest might be these additional resources: U.S. Department of Education, The Student Guide, http://www.finaid.org/, College Board, Peterson's, Campus Tours, The Fool's college planning area, the 529 plan guide, and Mapping Your Future.