By  Wed Mar 27, 2013

What Your Kids Need to Know to Prepare for College Loans

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Ideally, college preparation should start long before a student graduates from high school. Because there are a lot of details to figure out and changes to prepare for, proper planning can certainly go a long way in making the transition from life at home to college. One of the key priorities includes financial resources and procedures necessary to afford the entire college experience.

While parents might be in charge much of the preparation process, it is also vital for the student to be involved, particularly where financial issues are concerned. Parents and other loved ones might have been saving for college tuition, but students who will require financial assistance will ultimately become responsible for the repayments of their loans in a timely manner.

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