<p>I have an amount set aside for college. If I don’t use it all for UG, I can use the rest for law school.</p>
<p>No money for grad. school unless it is money saved from undergrad. expenses. We put aside enough for each kid to attend instate public u. for undergrad and grad. debt free. That was the best we could do.
Grad. sch. is on them.<br>
S1 is in the military and plans to use the GI Bill for grad. school when he gets out.
S2 is still in undergrad and has absolutely no desire for grad. sch.</p>
<p>Sillymilly, I don’t know what your D’s GPA or field is, but most decent grad programs require excellent undergraduate grades and enthusiastic letters of recommendation from faculty. So if her grades are low, maybe she won’t be a competitive applicant, in which case you won’t need to worry about whether to pay.</p>
<p>Our two-income family is not eligible for need-based aid, but we are not rolling in money either. Over the years, we are slowly saving a sum for each kid that is larger than the cost of the state flagship, but smaller than the cost of an elite private school. About two-thirds of the money is in a 529 fund earmarked for education only, and the rest is in a “uniform gift to minors” fund, and can be used for any purpose. Each kid gets promised the same amount of money no matter where he or she attends, and has to decide how to “invest” it. Going to the instate flagship, or getting a big merit scholarship from a private school, means that there will be money left over for grad/professional school, a downpayment on a house, or whatever. Going to an expensive private college without a merit scholarship, on the other hand, will require the student to borrow.</p>
<p>We paid for OOS cheap public (son’s choice). He has worked two summers and during the regular semesters and has picked up several merit scholarships. I think that he can get a free MSCS at his current school though we are looking at highly selective schools and I imagine that we’d have to pay for those. He can also finish in 3.5 years (only needs six credits to graduate) and start grad school early.</p>
<p>DD graduated from college in three years and was entering a grad program affiliated with the Peace Corps, so even though the school was out-of-state, tuition was in-state. She ended up getting an assistantship which covers tuition and some living expenses, so we help her out with the rest. But if her grades weren’t up to snuff, that wouldn’t have happened.</p>
<p>I’m another parent paying for undergrad only – no grad school. Neither kid has gone to grad school, however – son is out of school, working, married with a kid; d. just graduated and took a job with a minimum 2-year commitment, but is likely to pursue a master’s in the future.</p>
<p>Grad school is kids’ responsibility. I was married with children in grad school!!!</p>
<p>Have her get a job and prove her worth to a company and have them pay for the education. I knew some undergrads who were lucky enough to be in this position. Plus, they were getting paid to go to classes as if they were working. win. win. win.</p>
<p>So my questions is, you parents who have kids in grad school/law school, did you pay, or did your student? How about living expenses, etc.? What are/were your expectations??</p>
<p>D has lived out of state since graduating from college 4 yrs ago. She is starting grad school in the fall, my contribution consisted of reminding her that she needed to file FAFSA even though she was dragging on filing her taxes.</p>
<p>Absolutely I’ll pay for grad school, as needed, and mine wants to go straight through for the PhD.</p>
<p>She’s approaching UG as a NMSF with very high stats, so we’re expecting significant merit aid these first 4 years. After that, I’ll pay whatever isn’t covered by stipends, fellowships, etc. Education is a huge priority to her (and me), she’s always been a very disciplined high achiever, and I’ll be happy to continue supporting her education and training. (However, I would NOT feel the same about the OP’s situation. Very different type of kid and behavior/achievement.)</p>
<p>There are different types of grad schools. There are those that you apply to, get accepted to and you may get a stipend. And those that are willing to take anyone and take your money. Lots of it.</p>
<p>If child had gone to a cheaper school for UG, I might have considered it. But as it is, no.</p>
<p>For purposes of discussions with our kids, we’re paying for undergrad but not grad school (with the caveat that money that a child may “save” us by getting merit aid or attending a less expensive school will be available to them). In reality, we might pay - it’ll depend on the circumstances. One circumstance in which I wouldn’t be willing to pay would be if the child had not-so-good grades and was partying too much in undergrad.</p>
<h1>23 Jingle is correct, whether it be professional school (MD/DDS/LAW/MBA) where students are usually full pay and their are very few scholarships, with perhaps a small need based aid amount or PhD where a student is usually hoping for tuition remission and a teaching stipend or, perhaps, a Masters where the TA/remission is less available…unless it is a money maker for the school they will expect top grades, strong test scores, and solid LORs for admissions.</h1>
<p>If you had previously offered grad school money and your kid blew in in UG and does try to redeem herself with a Masters, you should not need to help with a PhD, but if the student gets into a US MD you could offer your original amounts…but I would make the redemption $ be her own</p>
<p>
Very similar to our view. In our case, we said we would pay for our kids to attend an in-state public university for undergrad. Second S got a full-ride (including personal expenses $), so he will get the money we didn’t spend for law school. (The way we are doing that is figuring out our FAFSA EFC for the four undergrad years.) H also has a business, so that’s going to enter the equation, too!</p>
<p>I feel badly that we cannot help D with grad school–a professional school with no scholarships. She had a full tuition scholarship UG and we paid all living expenses, travel, sorority, etc. We simply don’t have the extra cash flow. I hate to see her take all those loans, but we also had S in college at the same time.</p>
<p>I really wish we could have paid for it.</p>
<p>Nope, not paying for graduate/professional school. Our gift to our kids is a debt free undergraduate degree (we also paid most living expenses too), which we feel is significant. Both have done well as college students, but we feel they need some “skin in the game” regarding anything post BA/BS degree.</p>
<p>We will pay for grad school. However, in OP’s situation-partying, grades not up to par, etc, we would not pay.</p>
<p>I don’t think there is one answer to this. In our case, our parents paid for us to go to professional school, so we will pay for our kids to go to grad school or professional school as well, assuming we are still able to do so when the time comes.</p>
<p>I understand the “skin in the game” idea, but I think by the time your kids have finished college you should have a pretty good idea whether they have a decent work ethic or not. To me, it’s about the work ethic, not the money.</p>
<p>D is currently paying for grad school. Tuition is covered by her fellowships and she has(almost) enough work within her field to cover her living expenses. She has taken out a few loans and will probably have about $15,000 in total student loan debt when she graduates with her MM this spring.</p>