Federal Student Aid (FAFSA) form and the College Scholarship Service (CSS) profile, required by some institutions. These aim to assess a family’s financial need and expected contribution based on the costs of higher education alongside the family’s income, savings, and other expenses. Completing these forms can help to identify grants and scholarships for some. Additionally, they may give your child access to student loans that they can repay after graduation, often with fixed interest rates and income-driven repayment options. Parents sometimes also consider taking out or leveraging home equity or other from a job. Perhaps they might need to take out some loans and/or pay for a portion of their college education, depending on the family situation. As your family gets closer to making a decision, consider making a spreadsheet to compare alternatives and costs, with merit scholarships and other offerings. Consider options collectively on what is required to invest in a more expensive education, versus looking at other options that may necessitate less expense or debt. Loans, Grants, and Financial Aid When your child is of college age, consider completing the Free Application for 142 HAWAII PARENT January/February 2026 Planning ahead today means choices and freedom for your child tomorrow. “Start having small conversations with kids during high school years, with timing and depth of conversation dependent on maturity levels and your child’s interest in higher education.”
RkJQdWJsaXNoZXIy MTcxMjMwNg==