If you've got a young one heading off to college soon, the money you'll have to gather to pay for all of 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.
- Financial aid grants and/or loans from your child's college.
- Other loans.
- Campus work-study jobs.
- Other part-time work.
- Scholarships.
- 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 our book 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: the U.S. Department of Education, the Student Guide, www.finaid.org, the College Board, Peterson's, Campus Tours, The 529 plan guide, and Mapping Your Future.
