Web Extra: Find Last-Minute Cash for College
College fund tapped out? Maybe you haven’t looked everywhere. Kiplinger’s Personal Finance Editor Janet Bodnar has these tips for coming up with the remaining funds for you or your kids’ college education.
1) Renegotiate your aid for college if your financial status has changed. Get back in touch with the school and they may be able to offer more aid.
2) If you need to borrow money via student loans, the best loans are Stafford Loans for student at 6.8 percent or less. If you are a parent, look for PLUS loans at 8.5 percent or less.
3) Look for private scholarships. Search for local and regional awards or your local Chamber of Commerce or Rotary Club.