As tuitions costs continue to rise, is it really possible to foot the bill with a steady diet of scholarships?
Daily Finance writes:
Can You Pay for College With Scholarships?
Gwen Thomas started preparing her son for college when he was just 13. Today, after helping him net $500,000 in scholarships for a higher-education experience that spanned some 30 countries, she teaches other parents how to get help sending kids to school.
Talk about a smart business idea. According to the College Board, the average cost of tuition and fees for the 2014-2015 school year was $31,231 at private colleges, $9,139 for state residents at public colleges, and $22,958 for out-of-state residents attending public universities. And that’s for just one child.
For my wife and me, parents of three fast-growing kids and living month-to-month and check-to-check, our best hope of getting them through school is to be like Thomas and help our children chase the right mix of scholarships.
The (Green) Paper Chase
Replicating even a portion of Thomas’ success won’t be easy. The key appears to be spending the time and effort required to unearth good opportunities, and then applying for all of them.