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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.



Credit: Preparing Your Child For College: 2000 Edition published by The U.S. Department of Education
 
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