1. File a Federal FAFSA
It’s the last chance to submit a FAFSA form for Federal aid this year – if you haven’t done so already!
The federal deadline for the FAFSA falls on June 30 – so make sure you get yours in before then if you’d like to apply for Federal aid.
The school and state deadlines typically fall sometime between February and early April, so it’s really best to submit your form as soon as possible after January 1!
2. Firm Up Summer Jobs & Internships
Advise your student to firm up their summer job and internship plans – or to find a summer job, if they have not done so already.
3. Summer Savings
Assist your student in setting up a summer savings plan so they start college off in a good financial state
4. Develop a College Budget
Help your student develop a college budget – that they can realistically stick to (keyword: realistically).
5. Scholarship Applications
Encourage your student to apply for scholarships regularly, especially when they have down time.
6. Credit Card Considerations
Once your student turns 18, they should begin to establish good credit. Discuss the idea of opening a credit card account with a low limit for emergencies only.
Hoang Le Tax, Insurance & Financial Services
404 International Blvd, Oakland CA 94606
Home Page: http://hoangleservices.com
College Planning: http://collegeplanning.hoangleservices.com/
College Planning Articles: http://blog.hoangleservices.com/college-planning/
Office: (510) 433-5047 | Cell: (510) 697-9559
Fax: (510) 779-5588
7. Final High School Transcripts
Have your student check in with their high school counselor to ensure they have the correct college of choice on record and are forwarding their final school transcripts to their college.
8. College Summer Orientation Sessions
Take note of any summer orientation sessions that your student needs to attend for college and start to making plans accordingly.
9. Budgeting & Contributions for College (Aside from Tuition)
By now you’ve likely discussed the tuition budget, but have you discussed the other areas with your student? Start looking into your own budget and once you’ve determined the amount you’re able to contribute to your student (if anything) discuss expectations with your student regarding computers, dorm supplies as well as other financial contributions for college living so that the entire family is on the same page.
It’s best to discuss now because your student will have the entire summer to work, save and apply for scholarships and look for jobs on their college campus. Come fall, most student jobs on and off campus are difficult, if not impossible to find, so knowing earlier than later is to their advantage.
10. Help Your Student Stay Focused on Academics
Encourage your student to finish high school on the best note possible. They will need those grades to ensure your admission to the college you’ve been accepted to!
Need money to pay for college? Visit us:
Hoang Le Tax, Insurance & Financial Services
404 International Blvd, Oakland CA 94606
Home Page: http://hoangleservices.com
College Planning: http://collegeplanning.hoangleservices.com/
College Planning Articles: http://blog.hoangleservices.com/college-planning/
Office: (510) 433-5047 | Cell: (510) 697-9559
Fax: (510) 779-5588