College is expensive, there’s no argument there. Many families rely on financial aid to make college a possibility. For most families, that financial aid package contains a combination of scholarships, grants, loans, and possible work-study for their student. So you’ve received your financial aid package (which never seems enough, but it helps) and your student has headed off to college. You’re all set.
When you want something in life, it's best to have a plan for how you will get it. Everyone wants a life of financial security—the ability to save and invest so that your money is working for you in a way that enables you to fulfill your life's goals. To achieve financial security, you need to create a financial plan.
As a college student, you understand and value the importance of your physical fitness and emotional well-being. But are you as fiscally fit as you are physically and emotionally? It may be time to learn "fiscal fitness" now for a lifetime of financial wellbeing.
Most students need help paying for college, but where does financial aid come from and how do you get it? Billions of dollars are used to finance higher education each year; in 2009-10 alone, $199.2 billion was awarded to students in the form of grants, in addition to another $8.5 billion in state and private loans. Want to see some numbers? Here’s a breakdown of college financial aid: where it comes from, where it goes and all the other details.
College is expensive, there’s no argument there. Many families rely on financial aid to make college a possibility. For most families, that financial aid package contains a combination of scholarships, grants, loans, and possible work-study for their student. So you’ve received your financial aid package (which never seems enough, but it helps) and your student has headed off to college. You’re all set.
When you want something in life, it's best to have a plan for how you will get it. Everyone wants a life of financial security—the ability to save and invest so that your money is working for you in a way that enables you to fulfill your life's goals. To achieve financial security, you need to create a financial plan.
As a college student, you understand and value the importance of your physical fitness and emotional well-being. But are you as fiscally fit as you are physically and emotionally? It may be time to learn "fiscal fitness" now for a lifetime of financial wellbeing.