The college preparation checklist for parents
Families that have conversations about college are more likely to establish a savings plan and identify key factors that influence the selection process.
Once your child reaches high school, you might start thinking about how to help them find the right college. When considering admissions, most colleges value grade point average (GPA), extracurricular activities and standardized test scores. You and your student will also need to consider a school’s atmosphere and your financial situation.
But before making decisions about schools, it’s important to work on building a college education fund. If you’re a new parent you may be wondering, “what kind of account should I open for my baby?” Whether you want to create a college fund for kids or are focused on long-term k-12 preparation for college, we can help you create the best savings plan for children and students. Use the following checklists to develop a successful (and realistic!) plan, and ultimately choose the right college when the time comes.
Learn more about how you can save for your child's education with a U.S. Bank savings account or 529 Plan from U.S. Bancorp Investments.
From when a child is born to age 15
How to prepare for college in high school
During student’s senior year of high school
The final decision
Take the pressure off your student by letting them know that there’s no perfect choice – and reassure them that they’ll be getting a great education no matter what. After offers arrive, have an honest conversation about finances. Although the final decision of where to attend college should reside with the student, there should be compromise between what the student wants (best match, best offerings for a major, location, etc.) and what the family and student can afford.
Let us help you plan ahead. Continue learning more about our 529 Plan or other savings account options.