February 3rd, 2012
Funding a college education at the rate that tuitions continue to rise can be extremely difficult for a single parent. For example, in Illinois the range for in-state 2010-2011 tuition and fees for a state University such as the University of Illinois at Champaign-Urbana is $13,640 while the tuition for a private university such as Northwestern University is $40,247. Other educational institutions in Illinois may have tuitions that maybe a few thousand dollars more or less. Each educational institution has to be evaluated on their own merits. Moreover a two-year junior college may be an option for the first two years. Or even forgetting the liberal arts universities altogether and choosing a technical or trade college maybe even the best option depending on your child's aptitude and interests.Nevertheless, as a single parent you need to prepare to meet at least some of the cost of financing your child education. And, because your child is clearly dependent upon you, the value of life insurance is a must for consideration.There are three major types of life insurance to consider: Whole life, Term, and Universal life. Whole Life offers a death benefit, tax-free guaranteed cash buildup, an opportunity to borrow money without any .. more >> 
Like applying for a job, you have to apply to go to college. Don't worry! This is not quite as scary as it seems. Most colleges and universities now have the ability to apply online so you can check out the application first. If at all possible, meet your Admissions team face to face. Call the college and ask for the Admissions office. Most colleges will be happy to schedule an appointment with you.Your Admissions Counselor should take the time to walk you through the campus and acquaint you with the layout of the school, answer any questions that you have, and provide you with any additional information you need. You are about to make a large investment of your time and money; be comfortable with the school you choose. Remember, the job of the Admissions office is to admit students. They want to work with you; they want to help you through the process! Let them. Your Admissions officer can be an invaluable resource. Each college has different requirements for the Admissions process. Generally speaking, this is the process. Fill out the application. (There may be a fee associated with the application; many schools waive the fee if