I heard and interesting idea that I'd never heard of before, about what one family does to pay for their children's college. It goes like this.
The child must pay the money to go to college initially. If they get A's or B's for the quarter, they come back to their parents and make an accounting. The parent then will pay the tuition and books to their son or daughter (in full or perhaps in part if the grades are below expectation) This money then goes for the next quarter's tuition and books, or the child may opt to pay it again, they can do whatever they wish with the money because they have earned the grade.
If the child gets too low of grades (C, D, F) the parent does not pay, and the son or daughter must eat it...
Thoughts?
--Ray
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I'm not slow; I'm special. (Don't take it personally, everyone finds me offensive. Yet somehow I manage to live with myself.)
My son going into the mission field next month (for the next 24 months) will be much nicer on my bank account than his last nine months of college with out of state tuition.
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no unhallowed hand can stop the work from progressing... the truth of God will go forth till it has penetrated every website, sounded in every ear, till the purposes of God shall be accomplished and the great Jehovah shall say the work is done
Since I got a full tuition scholarship, and my parents have always encouraged school over work, they'd rather have me succeeding in school than suffering from working (which happened last semester). So as long as I keep my scholarship, they will give me a monthly deposit, even after I am married. However...I lost my scholarship because I fell behind when I was "needed" at work at the beginning of last semester (basically I did such a good job over the summer that they couldn't imagine functioning without me...plus the fact that my part-time assistant secretary job became practically full-time training the new office manager). I'm hoping my boss will write me a good sob story so that I can get my scholarship back at least for next year. I'll be working both summers and can pay my 5th year of college after that (since my scholarship only covers 4 years). If I don't get my scholarship, fiance and I will have to take out a loan. His savings went into his mission, and neither of us can really afford to work much at all during the school year or we won't be able to put in enough time studying. I'm still getting B's and I study all the time and even have 5am study groups so that we can refresh the concepts on Monday mornings when we have tests. (it's great having an LDS study group!)
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Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.
— Oscar Wilde
Good luck Glumirk! I paid for college with a 5 year full ride, but that amount of money would only cover 1-2 years at most schools these days. And I only graduated from college 15 years ago!
That's not long ago. i keep telling myself that.
Anyway, it was tough keeping the grades up (I had to have a 3.25 and i usually had a 3.25 or 3.26), so I totally understand.
I'm just lucky that we can refile for FAFSA once we're married. Hopefully we can get some kind of money from the government so that with the money we make working this summer we can pay for school, and books, and rent!
I'm down to a 3.114 because I failed a class that I didn't find out until halfway through that I was lacking a prerequisite. Now I'm taking another version of that class in concurrence with the prereq, and will be retaking the class I failed next semester with a Grade Replacement. My GPA will be up next semester for sure. Plus I may be one of the few people to actually get an A in Thermodynamics this semester! Working my tooshie off is sure paying off!
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Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.
— Oscar Wilde
Next week Daughter #4 will graduate BYU. The week after Daughter #3 will graduate WSU. They did the same as all the others in the family (myself and thier mother included)... they paid for their own education. They were taught that since they were knee high to a grasshopper... and it must have stuck. They valued thier education, and will do great in life. They worked hard to get scholarships, take AP classess and "Running Start" classes while in High School. They maintained a great GPA and were quaity people that any college would be grateful to have in thier college.
They never worked for the "pay-day"... they worked for the knowledge and what it would gain them.
Proud.. what a word. I try not to use it... perhaps...I could be Humbly-Proud, and oxymoronish set like Liberity Jail. But I have been richly blessed with my family. Daughter #1 has a lingusits degree from BYU in Japanese. She was the only member of the graduating class who'd never been to Japan, or was not a RM from Japan. She's now raising the next generation.
Daughter #2 graduated from a small Quaker college in Iowa w/4 majors and then went on to get a MSW from EWU in WA. She's now working for WA State in the CPS Adoptions unit and will marry in June.
Yep, I'm a richly blessed father in the time of life I can look back on years of work with my family and view both the success and mistakes. All the while I can also see that the hand of the Lord was over my family.
t's a time in my life that I can see the Gospel's affects filtering down to the next genertation, the Grandkids. They're growing up great and strong in the Gospel. As example, the oldes is now ten.. and every Saturday morning he reads one confernece address and then discusses it with his father. Odd? Nope, blessed.
