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Reply to "Practical Advice for the Parents of Rising College Freshman"
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[quote=Anonymous][quote=Anonymous]Well the applications have been reviewed and my DC is excited about one of his choices and is about to put a deposit on his choice. So now it is time to think about how we manage the practicalities of his college years. I wecome advice on what parents of a new college Freshman should know such as: How do we decide which meal plan--set number of meals per week, Flex Dollars, or a combination? [b]My DC will have personal expenses in addition to tuition., books, room and board--how is reasonable for us to contribute and how should we do so[/b] Should we add our son to a credit card? How do we continue to get access to his academic performance in real time? And Should we? What other practical advice would you give us? [/quote] Assuming that finances are not a true issue, I would recommend he work and save up for “fun” money this summer as much as possible. If you can afford it, I would discourage him from working during his first semester. Evaluate after that.[/quote]
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