Tips for Parents

We've simplified the planning process by offering you the most-helpful tips for college preparation.

Save for college. Start saving for college as early as possible. Parents can use the Monthly Savings Calculator to estimate the amount they'll need to save each month to support a child's future college education. Review College Savings Plans for a list of college saving options.

Estimate college savings. A nagging question for many parents is "How much will college cost?" Use the College Cost Calculator to estimate the future cost of a college education.

Know your EFC. Learn more about how much your family will be expected to contribute toward the cost of a student's education. The Expected Family Contribution is an important factor in calculating eligibility for some forms of financial aid. Use the EFC Calculator.

Apply for scholarships and grants. The best kind of financial aid is the kind you don't have to repay: grants and scholarships. Explore scholarships for which your child might qualify using the Scholarship Search.

Understand your loan options. If loans are part of your child's financial-aid award package, you'll need to understand all of the options available.

Managing student loans requires knowledge, resources and guidance. We provide all three. Get more information about Student Loan Help.


Now that you’re in, how are you going to pay for it?

Check out our six steps on how to make a smart investment in your future.



Taking out a student loan is a lot more than just filling out an application.

 Follow this seven-step tutorial to become an informed borrower and meet college costs.