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College and University Discussion
Reply to "College App Season : Offer Your Best Advice"
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[quote=Anonymous]If you have not already done this, I would advise an honest conversation with your kid about the financial realities. This doesn't mean you have to tell him/her about the details of your family finances or even how much you and/or DH make, but please let them know how much if any you're willing & able to pay per year. Tell your child if there are schools/types of schools you would not pay for. Let him/her know what conditions if any you will place on your financial assistance (do you require a certain school? major? GPA? other requirements?). If he/she will need to take out loans for school, discuss this and the amounts and implications. Please don't put your kid in the position of applying to (or worse being admitted to) a very expensive dream school believing that you will/will be able to pay, if that is not truly the case.[/quote]
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