Reply to How much allowance money do you send your kid each week/month at college?

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[quote=Anonymous]We are fairly ok moneywise (350K HHI in DMV) so our kid will not get any need based scholarship.  We will pay for tuition and all college costs not covered by merit money regardless of if they go to community college, state school or private school.

We will also buy a new car with as many safety features as possible  to take to school and we will also pay for maintainence, gas, insurance, repairs. We will pay for room and board.  Kid will have access to our Amazon, Paypal,  Kohls, Macy's, Target, Uber, Starbucks, Costco accounts to order whatever they want.  We will make sure they are properly attired and geared for college.  We will pay for any tutoring. coaching, application fees that they require.  They will also have access to their own bank account with around 2K in it with a debit card.

My kids are very careful and extremely responsible people. We want them to have a great college experience and if they want to work they can do that too.  We know that mostly the money will spend on entertainment, food and possibly some travel.[/quote]

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