High EFC, but want loans!

sybbie719
Thu, 15 Mar 2007 11:05:39 +0000

I agree with Chedva and momwaitingfornew that there are other ways in which you cn make your daughter be an active participant in the financing of her education without her having to take out loans.

You can tell her that she has to get a summer job to contribute toward college.

You can tell her that the parents bank are only going to pay tuition room and board and D will have to get a job to purchase books, spending money etc.

I would suggest searching the threads on the parent board-How much allowance/ spending money and you will see that you are not alone in waiting your child to be a stake holder in the process.