Parents or Guardians

If you are unable to receive financial assistance from your parents, don’t worry because there are many other appealing options for funding. But if you can receive financial help from your parents, it is a good idea to consider it. The government expects parents to contribute to their child’s education for five years after he or she graduates from high school!

You might think, “If I take money from my parents, I will be indebted to them.” In some cases this can be a legitimate concern. However, in the end it may be worth it. Your parents may not charge you interest like the banks will. Or better yet, they may not even ask you to pay it back!