ANSWERS: 3
  • If you make $50K +/yr, when the child is 16 - quit claiming him/her on your tax return. He/She will then be eligable for a low income Pell grant as an independant student. make sure they don't have traceable assets on turning 18.
  • Look at www.bankrate.com, in the college section they have lots of links to good sites including, www.wiredscholar.com, www.myrichuncle.com, Sallie Mae and others. Also you can register free on www.princetonreview.com and search majors, colleges, and aid there, it's a great site.
  • Go to fastweb.com you fill out a profile and they automatically list all the scholarships you are eligible for.

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