3 applications your college kids should fill out this summer

Jun 16, 2019, 4:11 AM
(AP Photo)...
(AP Photo)
(AP Photo)

Yeah, everyone loves summer vacation. But this isn’t the time for your kids to take a vacation from funding their college educations.

They deserve to chill a little after a long school year, but summer is also a great time for them to take advantage of financial aid opportunities, and get college paid for (in between trips to the pool).

Whether they’re college-bound teens or already in college and home for their break, here are the three most important applications they should fill out this summer.

Job applications

Guess what your most powerful wealth-building tool is? It’s not your investments, and it’s not credit card reward points (please tell me you and your kids are staying away from those). It’s your income.

That means in order for your kids to make enough cash to get them through college debt-free, they need to have a job.

It might be June, but it’s not too late for them to find summer work as a server, lifeguard, theme park attendant, you name it. They might even want to build their entrepreneurship skills by creating a business, where they can mow lawns, babysit, walk dogs, or house-sit with a flexible schedule.

Maybe they don’t want seasonal work, because they want to keep their job during the school year. That’s great too! They should just keep in mind they might need to cut back on their hours to have a healthy work/school balance during the semester.

If they’re going to college out of state (which I don’t recommend unless you can afford to do so without debt), encourage them to look for job opportunities in their college town, and get started on applications while they’re home for the summer.


If your kids are headed to college, or currently in college, and haven’t filled out the FAFSA for the 2019–2020 school year, they need to get on that now.

Go to FAFSA.gov to find the form.

Colleges use the FAFSA to determine how much money to offer your kids through scholarships, grants, and student loans. Just make sure your kids don’t accept any student loan offers they might get. We’re going to college debt-free, people!

Luckily, the FAFSA isn’t as confusing as it sounds and takes less than 30 minutes to complete.

Every student should fill it out, regardless of their family’s financial situation.

There’s no income cutoff to be eligible for aid, and your kids won’t know how much aid they could actually get unless they try.

Scholarship applications

The FAFSA form isn’t the only way to get scholarships.

There are thousands of scholarships available to students for all kinds of reasons (getting good grades, writing a killer essay, or being a member of a minority group).

I’d encourage your kids to set specific goals for the number of scholarships they want to apply for per week. Then, make it happen! There’s no limit to how many they can apply for, so they could potentially fund their whole college education through scholarships alone!

Check out AnthonyONeal.com to see my top recommendations for reliable scholarship resources.

Dave Ramsey

(Unsplash Photo)...
Dave Ramsey

Dave Ramsey says: Be honest in uncomfortable situation explaining better job offer

When handed a great opportunity shortly after starting a job elsewhere, walk into your boss’s office and lay out the whole situation truthfully.
2 days ago
(Pexels Photo)...
George Kamel

How to manage finances with inflation through the rest of this year

Whether we want to admit it or not, inflation is here, and there’s plenty of ways you can beat it through the end of the year.
4 days ago
(Flickr Photo/TaxRabate.org.uk)...
Dave Ramsey

Dave Ramsey says: Pay off credit debt, then keep rolling to straighten finances

When the rule of paying off debts from smallest to largest doesn’t apply, attack the one with the larger interest rate first.
9 days ago
(Unsplash Photo)...
Kristina Ellis

Here are 3 easy ways high school seniors can increase their productivity

If you're a high school senior, it’s so important to get your priorities set and get your life organized as you start this academic year.
11 days ago
(Pexels Photo)...
Dave Ramsey

Dave Ramsey says: Debt-free couple should sign up for level term life insurance

A debt-free young couple should find good 15- or 20-year, level term life insurance policies, with coverage amounts of 10 to 12 times their incomes.
16 days ago
(Pexels Photo)...
Dave Ramsey

Here are ways to boost your holiday budget, starting now

While you might not be ready to hang up the mistletoe, it's never too early to get a head start on saving money for the holidays.
18 days ago

Sponsored Articles

Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.

Key dates for Arizona sports fans to look forward to this fall

Fall brings new beginnings in different ways for Arizona’s professional sports teams like the Cardinals and Coyotes.
Mayo Clinic Orthopedics and Sports Medicine

Why your student-athlete’s physical should be conducted by a sports medicine specialist

Dr. Anastasi from Mayo Clinic Orthopedics and Sports Medicine in Tempe answers some of the most common questions.
3 applications your college kids should fill out this summer