For those of us luckily enough to have our parent’s involved in paying for college, they appreciate financial aid as much as we do. Any chance they have at decreasing their costs is just as important as it is for us. Do mom and dad a favor and share this article from FinAid.org called the Parent’s Guide to Financial Aid.
Step one is to create a savings plan, which for some of us might be a bit too late in the game. However, the other steps give tips on applying for and understanding your financial aid package. One item they bring up which parents often overlook are education tax credits. Be sure to remind mom and dad come April that they might be able to add your education to their list of deductions.
