<p>*He is a 3rd year right now and starting his 4th year, he will only have $10,000 in the fund. He can graduate in 4 years though.</p>
<p>It is suppose to say end of his 3rd year. And even then I would still consider it “lucky” because most parents / guardians don’t have a savings of over $90,000. But yeah, I’ll tell him to work. Also I will try to get a bigger picture from him. I may be missing something important. You are right about the Blue and Gold thing.
*</p>
<p>Well then, if he has $10k in his college fund now… He needs to do this… quickly submit a FAFSA now for this PAST current year 2010-11 year (it’s not too late). He should be able to borrow UP TO $7500 dollars. (again, this money will be awarded based on this current school year). When he gets that money, set it aside for this next year. Also, file FAFSA for this next school year. He should be able to borrow $7500 for this next year. So, he’ll have $15k right there, plus the $10k from Granny.</p>
<p>However, he needs to work over the summer to borrow the least amount that he will need.</p>
<p>Problem solved.</p>