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Sending your kids to college can be hard for parents. Nevertheless, for we Latinos, planning our education and the education of our children is part of the American Dream. When it comes to financing a college education, planning is much more effective when it’s begun well in advance. Below, we’ll share five tips (in the form of different savings and life insurance plans) you can use to help plan and save for your kids’ college educations.

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Small business

There is a variety of financial aid options available to prospective and current college students, so much so that you might not even have to take out loans. You’ll see that there are plenty of resources that are a lot more efficient and won’t require long-term repayment plans that are greatly affected by interest charges.

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Advice for Students

When you’re filling out your FAFSA, they’ll ask for information to determine whether you’re a dependent. If they end up considering you a dependent, you’ll have to also give your parents’ information, or the information of whomever you are dependent upon, even when they can’t or don’t want to help you pay for your college studies.

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