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gooner · 07-21-2006, 08:44 AM

# Although application deadlines for most college scholarships aren't due until the students' senior year, start searching for grants and scholarships their freshman year. By finding potential awards when they begin high school, the student can choose classes and participate in activities that will give them a better chance of getting free cash.

# Education IRAs (Coverdell Education Savings Account) are no longer just for college. You may contribute up to $2,000 a year per beneficiary and the money may now be used for elementary and secondary school costs as well as college expenses.

# Reduce your college expenses by earning as many college credits outside the classroom that you can. Advanced Placement tests, internships, public service and job training programs are a few examples of ways that you can trim tuition costs by earning college credit outside the classroom.

# There are some 750,000 college scholarships available to qualified students. While many of these are financially need and grade based, many others are not. Don't let household income or grades stop you from searching for scholarships.

# You are allowed to pay any amount for as many people's college tuition (not room & board or school supplies) without owing any gift taxes. For the tuition payments to qualify, you must pay the tuition directly to the college.

Tim7 · 07-21-2006, 08:45 AM

This is the best information EVER!!

If you are planning on your child going to a "local" private college/university, then check them out.

At most of the private universities in texas, if you have been employed there 1 year or more, your children can go tuition free.

So I let everyone know about that I can.

If you work there you can get, up to your masters tuition free and your spouse and children can get up to their bachelors free!!!

Certainly something to think about.

07-21-2006, 08:44 AM	#1
gooner Piggy Bank Join Date: Jul 2006 Posts: 75 Rep Power: 5	College Saving Tips # Although application deadlines for most college scholarships aren't due until the students' senior year, start searching for grants and scholarships their freshman year. By finding potential awards when they begin high school, the student can choose classes and participate in activities that will give them a better chance of getting free cash. # Education IRAs (Coverdell Education Savings Account) are no longer just for college. You may contribute up to $2,000 a year per beneficiary and the money may now be used for elementary and secondary school costs as well as college expenses. # Reduce your college expenses by earning as many college credits outside the classroom that you can. Advanced Placement tests, internships, public service and job training programs are a few examples of ways that you can trim tuition costs by earning college credit outside the classroom. # There are some 750,000 college scholarships available to qualified students. While many of these are financially need and grade based, many others are not. Don't let household income or grades stop you from searching for scholarships. # You are allowed to pay any amount for as many people's college tuition (not room & board or school supplies) without owing any gift taxes. For the tuition payments to qualify, you must pay the tuition directly to the college.

07-21-2006, 08:45 AM	#2
Tim7 Greenhorn Join Date: Jul 2006 Posts: 48 Rep Power: 5	This is the best information EVER!! If you are planning on your child going to a "local" private college/university, then check them out. At most of the private universities in texas, if you have been employed there 1 year or more, your children can go tuition free. So I let everyone know about that I can. If you work there you can get, up to your masters tuition free and your spouse and children can get up to their bachelors free!!! Certainly something to think about.

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