If your price point is under $10,000 a year, your kid will:
- Need to get accepted at a school that provides generous need based aid.
Or
- Start looking at less competitive schools with significant merit potential
Or
- Commute from home to someplace local.
Remember. She can take a $5500 Direct Loan in her name…so that plus your $10,000 might cover room and board.
And she needs to get a job.
What about parent two? Any chance both of you parents can get part time jobs to help with college costs