If you've got only one year before your teen enters college, your best bet is to
borrow money and consider these financial aid options:
Loans have to be repaid, usually with interest. There are many different types of
student loans with varying interest rates and repayment terms.
With work study programs, students can earn money by working part time at the college
they attend.
Grants are a type of financial aid that does not have to be repaid. Often referred
as gift aid, this type of financial aid is usually awarded on the basis of financial
need.
Scholarships are usually based on specified requirements, such as academic accomplishments,
cumulative grade-point average or participation in special activity.
Securities offered through Farmers Financial Solutions, LLC,
30801 Agoura Rd. Bldg. 1, Agoura Hills, CA 91301, 818 584-0200