The foundation of a good education plan starts with career planning by your child to make the most of their college experience. Sending a child off to college with little forethought as to what they want to do for a living or and how their higher education will advance them towards that goal could be a $250,000 mistake! Career counseling for your child is available from the school guidance counselors and in the private sector as well.
In high school, children should invest the time to explore their future career interests, research the universities that specialize in their preferred fields of study and apply to the university (ies) that best fits their expectations.
Academic scholarships are often available by professional associations and within the university for high school students and college students who aspire to a chosen profession.
If there are multiple number of suitable institutions, creating competition for your child by applying for tuition grants to all of them via the financial aid process could yield significant tuition cost savings, especially if your child has a strong scholastic record and is considering a private college or university.
As part of the Wealthcare planning experience, we counsel parents and children on the planning steps that need to be addressed well in advance of the college application and financial aid deadlines.
