Talk to your kids!

justhismom
Wed, 02 Jan 2008 20:02:03 +0000

Our S was also a child who only applied to one private school and was accepted early decision. Once the happiness of him getting getting accepted wore off, and reality set in we had a discussion about the cost of this education. Based on our EFC and that lovely CSS profile we had to submit we knew that we should not expect any financial aid. We explained throughly that he would be responsible for the Standford loan, and that we will pay for 4 years of college. For grad school, he knows that he is on his own. He was so thrilled to be going to his #1 school choice that he readily accepted these conditions. And I can honestly say now that he has sucessfully completed his first semester, he is just as thrilled to be returning back to school.
The only downside to a new year, is that I have to get the energy to fill out that wonderful FASA and CSS again for the new school year. In my opinion those 2 forms are very depressing but at least this year we have a little more time to submit them.