A few days ago
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Money?????

How much money should a 13 y/o person have in a collage account?

Top 3 Answers
A few days ago
Anonymous

Favorite Answer

It depends on what college you would like to attend, if you are going to a private school or state school. If you go out of state, you will have to pay much more for tuition than if you were to stay in your state. Also, you are very young and have lots of time to earn money and plan for the financial part of going to college.

Many times you can apply for scholarships before you enter college either from your high school, community, or even the college you are planning to attend. If you get them, that money will automatically go towards your schooling. When you get to college, you will also apply for Financial Aid. Sometimes you can get grants (which is basically just money they give to you), or work study (which is when you work while your in school for the university and they subtract the money you make directly from your tuition bill).

If you find that you don’t have enough money in your bank account to pay for everything, you can always take out a student loan to pay for your tuition, books, anything you need, then pay it back when you are done with college and find a job.

I’m in college now, so I have to deal with these money issues. But you have a lot of time to think about your options and save money. I worked all through high school, so I had some money saved up, which helped a lot. Plus I earned some scholarships too.

When it comes closer to the time when you’re applying to colleges, make sure you talk to a counselor about your financial situation and pay attention to how much tuition costs at different schools, and research all the different scholarships you can apply for. Talk to your parents too! I’m sure they have experience dealing with financial issues and maybe they will even help you out with paying for college! Hope this helps!

2

A few days ago
Futurebride
there is no standard amount it depeneds on the child and or their family at age 13 i already had about 7,000 becuase every month my mother , grandma , and father would put at least 100 in that account from the day i was born.
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A few days ago
Anonymous
The more the better, but alot depends on what type of college you plan on attending and if this is your only source of college funds.
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