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Financial Preparation Checklist for Parents
Pre-High School:
- Investigate different ways to save money -
- buying U.S. Savings Bonds or opening a savings account in a bank,
etc.
- Start saving money for your child's college education.
High School:
9TH grade
- Continue to save for college.
10TH Grade
- Continue to save for college.
11TH Grade
- Help your child investigate the availability of financial aid from
Federal, State, local, and private sources. Call the Student Aid
Hotline at the U.S. Department of Education (1-800-4FED-AID) for a
student guide to Federal financial aid. Have your child talk to his or
her guidance counselor for more information.
- Help your child investigate the availability of scholarships
provided by organizations such as corporations, labor unions,
professional associations, religious organizations, and credit unions.
- If applicable, go to the library with your son or daughter and
look for directories on scholarships for women, minorities, and
disabled students.
12TH grade
- Make sure your child completes all necessary financial aid forms.
Be sure that he or she completes at least one form that can be used
for Federal aid.
- Continue to save for college.
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