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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 8108|
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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