Today, students from all critical areas — business, mathematics, and physical sciences among others — may need money for college and education that they simply do not have. This is a concern because most of these students come directly from high school and eight years of schooling have been reliably built by this stage. So, while parents still pride themselves on their kids’ GPA’s and standardized test scores, college tuition continues to climb.

My best advice may be that families should take more responsibility for their kids’ education. Employ your kids (if employed) to do chores around the house, take them to family functions, pay their tuition, and so on. Yet, you should also take a proactive approach to making sure that your kid can attend college after high school should he or she want to or need to. Since so many kids graduate sub prime and many do not have the intellectual ability of a college professor, specialized high schools provide follow up courses that prepare students for college or university life. But, for these students and parents who go through this learning process, what are the best ways to ensure that students get good education?

First, when should students attend school? In my opinion, there are three requirements that we follow: First, there must be a reasonable download rate from the school which is less than 25% of tuition. Second, the degree program must be relevant to the field of education to which the student willondoubtedly end up going after graduation. And third, as it is x digit from 8th grade or class plus the program must be completed with a minimum score of 90%. If any of these requirements do not meet the above criteria, then I would steer my student away from school unless it is already pre arranged with a student financial aid operation. Otherwise, he or she may still be able to go but may not get as much as needed.

Once your kids become ready to attend college, how much should they borrow? This again is a personal decision that is based on cost of a particular educational institution and credit score of a student.

I recommend students and their parents to first apply for need based grants. These are limited grants, with competition from other students and parents, and the awards may be very small. Grant monies are not loans that must be paid back, and very often the grants are awarded based upon thoseCurbson’s! academics. Often parents who are in decent financial situations may not be able to pay all or enough of the full amount. I recommend parents and students borrow the smallest amount needed for each semester needed to cover education costs. If possible, try to disperse the rest of the monies across books and supplies. elevated education costs are often factored into a family’s budget. Regardless of income, all students should analyze their needs and their parental resources in making education cost effective decisions.

When should students take the big money — loans? There are many persons who opt for loans instead of using their parents’ resources. These adults who do this are often in a higher income bracket that can easily support the loans. These persons simply ignore their child’s potential to take loans at such a young age. However, loans should be taken if there is no other alternative. If or, at least, the student plans to take a lot of education monies outside of aid monies, then they should (at least in theory) borrow Mom and Dad money just so they can get the books and rest of their needs for school taking a semester or two. It may end up paying for textbooks, projects, utensils, etc. when 4 semesters is completed. That could lead to Mom and Dad paying for 5 semesters or more than they must. It just does not make any sense to pay for an education that you are bound to benefit from later in life. By doing everything you can to bring your child to college, your child becomes more understanding and more knowledgeable when he or she grows out of school. There are many sources of Federal aid for education. Virtually every bank, credit union, organizations in the community, etc., is a great resource for grants, loans, and scholarships. You should occupy yourself with these and find out what your specific financial situation is before deciding on the route to go down.

Often, parents and students do not communicate about finances readily, thus creating problems on a personal level and perhaps disputes down the road. It may be difficult to grant someone access to your bank account and your credit cards. This does not have to be a big problem, and applying for student loans can help relieve your financial stress while you begin the application process and do the checks. I would not recommend doing this until after the first loan has been granted so that there will be no confusion as to who made what funds available. I would also not grant a new loan until there are competing already granted loans to make, as federal student loans are high in demand.