Financial Aid in Future Years

mom2collegekids
Sat, 12 Jun 2010 11:44:35 +0000

*
I obviously have control or trust issues, but the process makes me nervous*

I don’t think you have “control issues” - I think you’re being wise to be concerned. You have 5 kids to put thru college. I have a brother with 7 kids, a brother with 5 kids, and 2 brothers with 4 kids each. So, I know how larger families need to look into the future and determine how choices for the #1 child will affect the younger ones.

Yes, my two sons are at Bama…one has the NMF scholarship and the other has the Presidential & engineering scholarships. Both are in the honors programs. One is in the CBH program. This choice will make help paying for med school and grad (or law) school much easier. We didn’t want them to have huge debt from that. They will have some debt from that, but not the $200k+ that they normally would have.