Posted June 10, 2016
Financial aid is based on the income of the parents. Most 19 year olds don't have a steady stream of income or a credit history. This is a normal part of the process. Plus, if you are a veteran (depending on when you served), your daughter could be eligible to use VA benefits for her education. If you're worried about co-signing any student loans, I don't think you'll be required to. (I may be wrong about that). Be sure to talk about loans with your daughter, and that she understands what she's getting into. Explore the idea of community college or technical school. Also, it might not be a bad idea for your daughter to wait a couple of years before going to college.