There are several ways grandparents can help pay for a grandchild’s education without giving money directly to the student. Some jeopardize the student’s prospects for need-based financial aid. Others conflict with the grandparents’ overall estate plan. It’s crucial that grandparents, parents, and students understand options before deciding which one is appropriate for them. If you are considering paying toward someone’s college education, call Susan Craig, Independent Financial Coaching, and discuss the kinds of questions that you need to be answered before deciding what is best for you and your loved ones.
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