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Financial Planning / Paying For College


Subject:  Re: funding grandchild's college Date:  8/25/2013  4:19 PM
Author:  covan Number:  8068 of 8484

Thanks folks, those are good points.

Here's a quote from a Forbes newsletter about paying for college...

Advice to grandparents: Hang on to your dough until the beneficiary has been awarded aid and gets the term bill. Then send a check to the parents.

Unfortunately, there wasn't anything else in the article pertaining to my situation, so I don't know why the check should go to the parents as opposed to the student or straight to the school. Any thoughts?

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