What are some ways to finance your child's education?
Everyone should fill out a Free Application for Federal Student Aid (FAFSA).
Even if you think you are not eligible, a majority of people are eligible for
an unsubsidized Stafford loan. Also, the state of Maryland has a Prepaid College
Trust tuition savings plan where you can make contributions over many years.
This is an easy way to invest your money to save for education.
Visit www.collegesavingsmd.org
or call 1 (888) 4MD-GRAD. To file a FAFSA on the web, visit
www.fafsa.ed.gov.
Elizabeth Urbanski, sociology '87
Assistant Director of Financial Aid, UMBC
Be sure to investigate community organizations, employers, clubs and any professional
organizations that you or your child is affiliated with. Some may have scholarship
opportunities you don't know about. Visit www.fastweb.com
to find out about many scholarships that could be available to your student.
Barbara Shahpazian
Associate Director of Scholarships, UMBC
