DuPont Wealth - August 2020

We all know how expensive college can be. The bills can pile up fast, and in many cases, paying that debt off can take years, if not decades, especially if private loans are involved. That said, if you have kids who are getting ready to graduate high school, then don’t let the cost of higher education scare you away. If you can’t pay out of pocket, you can help your child apply for loans, but if you’re looking to mitigate debt, or eliminate it entirely, here are some other popular options. GRANTS Grants are similar to scholarships in that they don’t need to be repaid. Many colleges, states, and other organizations award grants based on a number of factors, like academic standing and the income of one or both parents as reported on the Free Application for Federal Student Aid, better known as FAFSA. A great starting point for parents who are helping their kids look for grants is the Federal Student Aid website: StudentAid.gov/understand-aid/ types/grants. WORK-STUDY Depending on your child’s financial need, their college or university may be able to set them up with a part-time position with an hourly rate on campus. Work-study positions are often community-service oriented and/or matched with the student’s field of study, and the jobs in these programs may be on or off campus. Alternatively, students can also look for other on-campus jobs 3 Ways to Pay for College That Aren’t Loans SKIPTHE STUDENT DEBT

that aren’t part of a work-study program. Before the school year starts, many schools post job openings for positions like computer lab assistants or event caterers. PRIVATE SCHOLARSHIPS There is no shortage of private scholarships. The challenge is finding and applying for them. This can take time, but it’s often worth the effort. If you can’t find any scholarships your child is eligible for online, then try using an app like Scholly. It’s designed to help students and parents find and apply for scholarships without having to search all over the internet. Another great resource is your student’s high school guidance counselor. They often have resources about local and regional scholarships that may be worth looking into.

THIRD THURSDAY

AUG. 20 ‘Back-to-School Special’

SEPT. 17 To Be Announced

Greg DuPont and his team were just getting back into the office as the city emerged from lockdown, ready to social distance, strap on masks, and do whatever was needed to keep serving his clients at the level they’re accustomed to. Murder mysteries, they hoped, were behind them — there was enough to figure out just working through the strange new world around them. But when a client resolves a particularly nasty probate dispute with his siblings contingent upon the sale of a property, the loan officer is stabbed in the back right there at the closing table. Greg and mastermind closing

OCT. 15 Ghosts, Ghouls, and Your Money

Join us at noon on Facebook Live or catch the podcast at ThirdThursday30.com.

agent Maxwell Blurry know it will take all their wits to sort it out because when a loan officer is murdered, everyone is a suspect. Check out the entire chapter, catch up on prior chapters, and perhaps learn a few things at DandBLaw.com or Bit.ly/EscrowCh1.

MARCHTO 1 MILLION UPDATE Current count for the March to 1 Million: 344,612

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