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College and University Discussion
Reply to "If your child is going to school on a scholarship...."
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[quote=Anonymous]My DS is attending college on a merit scholarship. As her parents, we intended to pay for her college tuition at a state or moderately priced private school. We weren't able to save as much as we wanted, but would have found other ways to pay her tuition so she doesn't graduate with loans. So I guess my question is, since she has her own funding for the moment (she may switch majors and then will lose her scholarship), should I put aside the money she is saving us to give to her later? Buy her a new car? (she drives a family hand-me-down) Offer to pay for graduate school? We are still paying for her living expenses and incidentals, if that makes a difference. Thanks. [/quote]
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