February 2010, Issue 6

The development of a student-faculty relationship is one of the most important things that your college student can do to achieve their overall objectives in their education. Encouraging your student to better know their undergraduate faculty is crucial to their academic and professional development.

Most students go to college looking forward to becoming independent and managing their lives on their own. Managing their personal finances is part of that independence. Starting with your student early, and starting strong, will help ensure that their college experience does not end in debt and poor spending habits.

For college graduates, good credit is an invaluable asset – and with careful money management, an achievable goal. If your student graduates without any credit history, they may have trouble qualifying for a car loan or mortgage.

START EARLY
- The more time you give yourself, the better off you will be.
- If possible, start the process at least two years before you need the aid.
- Always remember that you should apply for scholarships about a year before you will receive the aid.