Academic Talent Search
Information for Parents
The Talent Search Program is designed to:
- Identify qualified youths with potential for education at the post-secondary level and encourage them to complete a secondary school and undertake a program of post-secondary education
- Publicize the availability of student financial assistant for persons who seek to pursue post-secondary education
- Encourage people who have not completed education programs at the secondary or post-secondary level, but have the ability to do so, to reenter these programs
Finding the Right Level
Parents and Paying For College
Carefully planning to pay for your child's college education is specially important. Since it is surely the biggest investment you'll ever make, the planning should begin at birth or at least soon after reading this.
The Early Years (up to eighth grade)
- Save as much as you possibly can without shorting your necessities.
- Do NOT save the money in your child's name. The financial-aid formulas will take 35 % of the student's money as opposed to only 6% of your own.
- This is the time to start fiddling with your income. Some schools may ask you for tax return documents from the past two years, so you have until December of your child's sophomore year to make some extra money without it affecting your child's financial package.
- Start spending any money that may be saved in your child's name. Try paying for things using their money, while saving that same amount of your own.
- Spend some time searching for scholarships. Start now because this will be very time consuming. Begin by going to the library or making some phone calls.
- IN JANUARY, fill out the Free Application for Federal Student Aid (FAFSA). Never assume you are ineligible for financial aid.
- Stop by the financial aid office and plead for more money. Schools do a lot of reevaluating for the January term.