Start Your Divorce Today - Premium Divorce Online


Divorce Source Community Forums >> Financial Issues

Jump to first unread post. Pages: 1
092895
enthusiast


Reged: 04/03/08
Posts: 226
SS and Financial Support
      #389318 - 04/14/08 08:29 AM

SS is at college. He received a scholarship to a private school which is very expensive. His Mom is able to get quite a bit of pell grant, but there is still money that has to be paid to cover room, board, books and meals.

I need some input on this, because I want to be fair. We told SS a year ago that we would be glad to pay what is left, but he needed to get a student loan, because we just couldn't afford to shuck out large amounts of money every semester. We also told him the pay back was conditional on his grades. (We're really not worried about this) He told us that his Mom and Grandma didn't want him to take out a loan. Well, I just don't feel this is fair. We are being asked to help, but have no input in the decision making process???? We helped this year again, but now he has said he will be going to summer school. He told his Dad that he wanted to take summer classes, so it wouldn't be so hard on him his senior year. Summer school is not covered by his scholarship and I think we are probably looking at atleast a $4,000 tuition bill. We simply can't afford this. Also, I'm not so sure that he actually needs to go to summer school for the above reason or it is because he changed majors and it has caused him to get off track. I really want to help SS, but I also think that if we are being asked to help pay that we should also be considered in the decision making process.

DH does still carry the health insurance for my SS. SS just got new contacts and had the bill sent to Dad, of course we will pay, but I think SS needs to realize that he is almost 20 years old and if that bill weren't to get paid it falls on him, not his Dad. We are also very generous at Christmas and birthdays and do try to give him a little extra on occasion. I guess my point is that if his Mom and Dad were still together and Grandma wasn't helping out so much, he would of had to have the student loans. No question about that.

First, SS does work (1) day a week (Sat.), but during breaks he will request not to work on most of the days he is off, so he can play. I know he will not want to work much while in summer school, which the summers are when he needs to work to stash a little cash for himself.

How would you handle this?


Post Extras: Print Post   Remind Me!   Notify Moderator  
Cinder2
Carpal \'Tunnel
**

Reged: 06/02/05
Posts: 4361
Loc: Southern California
Re: SS and Financial Support [Re: 092895]
      #389388 - 04/14/08 11:59 AM

We have a kind of similar situation. My daughter is 17 and we didn't get any financial aid at all for next year's schooling. Her dad doesn't want her to get any student loans, but I asked him how he thinks she's going to pay for it without any loans? (maybe he thinks the money is going to come from a tree?)

This is what we have done. We made a financial spreadsheet with all our contributions on it, her work-study, etc. It breaks down who is paying for what and how much. She has to get a loan or work to cover the rest. I suggested she get a loan to cover all of it for freshman year, and save all of her pay for sophomore year. That way there's no pressure to make the bills this year and she'll have a more realistic idea next year of how much she can actually work and earn.

I suggest that you and your husband decide how much you can afford, write the kid a check, and tell him that you love him.

Cinder


Post Extras: Print Post   Remind Me!   Notify Moderator  
092895
enthusiast


Reged: 04/03/08
Posts: 226
Re: SS and Financial Support [Re: Cinder2]
      #389689 - 04/14/08 05:16 PM

Hey, well atleast you realize how hard it is without a loan. I know we are fortunate that he got the scholarship, but private college is 3 to 4x's what a state college would be.

Sounds like you have a plan. Our only problem is that grandma and Mom keep telling him to get the extra from us and we just don't have it. I wish we did. The problem is Mom is just like us she doesn't have it either, but she has always taken advantage of her parents deep pockets.


Post Extras: Print Post   Remind Me!   Notify Moderator  
Pages: 1



Extra information
0 registered and 2 anonymous users are browsing this forum.

Moderator:   

Print Topic

Forum Permissions
      You cannot start new topics
      You cannot reply to topics
      HTML is disabled
      UBBCode is enabled

Rating:
Topic views: 2077

Rate this topic

Jump to

Contact Us Divorce Source Home

*
UBB.threads™ 6.5.1.1


Resources & Tools
Start Your Divorce Online Start Your Divorce
Several Options to Get Started Today.
Divorce Tools Online Divorce Tools
Keeping it Simple to Get the Job Done.
Divorce Downloads Download Center
Instantly Download Books, Guides & Forms.
Divorce and Custody Books Discount Books
Over 100 of the Best Divorce & Custody Books.
Negotiate Online Negotiate Online
Settle your Divorce and Save.
Custody and Support Tracking Custody Scheduling
Make Sure You Document Everything.

Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Enter Your Zip Code: