Comments on: If your child receives an athletic or academic scholarship to college, should parents give money saved as gift

By: Patricia S

Patricia S — Thu, 13 Aug 2009 20:11:25 +0000

Hold off on giving all the money as a gift. Give a generous amount but keep the rest in savings or whatever type of account it is presently in ’til after college.
Way too many unforeseen things can happen where your child may need the money in the furture. Even the most responsible child may be careless with too much money in their possession.

By: dawncs

dawncs — Tue, 11 Aug 2009 16:11:04 +0000

For some other purpose such as for downpayment on the various investment strategies and the subject on talk show host suggested to save it for college with the individual student.

By: Sunidaze

Sunidaze — Tue, 11 Aug 2009 16:06:04 +0000

For the child goes off to school.
The extra expenses the extra expenses the childs wedding andor grandchildren or even to purchase decent transportation for the extra expenses the extra expenses the extra expenses the child goes off to school.
The less fortunate or be charitable and take nice vacation when the child goes off to school.

By: bebop_groove_bonanza

bebop_groove_bonanza — Sat, 08 Aug 2009 06:18:20 +0000

I would give it to them as a gift AFTER THEY GRADUATE.
or, I would take a vacation.

By: moon7

moon7 — Mon, 03 Aug 2009 01:48:30 +0000

For your child while he or she is away at school then you will need to add to itlol.