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First college tuition payment made!

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  • #1

    First college tuition payment made!

    A momentous day in our household. A few minutes ago, I made the first tuition payment for our daughter who enters college one month from today. I made a withdrawal from the 529 plan about 2 weeks ago, deposited that check when it came, and charged the tuition bill to our Marriott Visa tonight. I'll pay it off in a day or two.

    So at least there is a little perk from spending all of that money - I'll rack up some free hotel stays.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.
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  • #2
    Excellent! And better than paying a student loan.
    My other blog is Your Organized Friend.

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    • #3
      Another savingadvice kid grows up.

      Mine was in his last spring before college when I started posting here. Unfortunately I did not get any credit card bonuses by paying his tuition....'cause he did me proud and went to college tuition free.
      "There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid

      "It is easier to build strong children than to repair broken men." --Frederick Douglass

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      • #4
        DS
        I remember back when you were planning your daughte's Bat Mitzvah.

        College tuition checks were the 2nd largest checks I EVER wrot. The lzargest was the downpayment (30%) on my current house in 1977.

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        • #5
          Originally posted by Joan.of.the.Arch View Post
          Another savingadvice kid grows up.

          Mine was in his last spring before college when I started posting here. Unfortunately I did not get any credit card bonuses by paying his tuition....'cause he did me proud and went to college tuition free.
          Originally posted by marvholly View Post
          DS
          I remember back when you were planning your daughte's Bat Mitzvah.
          I forget how long I've been here. DD was 10 when I joined this site - wow! Now she's nearly 19 and leaves for college at the end of the month.

          I'd gladly sacrifice the reward points for a free ride. I think you got the better deal there Joan.
          Steve

          * Despite the high cost of living, it remains very popular.
          * Why should I pay for my daughter's education when she already knows everything?
          * There are no shortcuts to anywhere worth going.

          Comment

          • #6
            Congrats.. Good to know I just opened one for my daughter. Wish it would have been sooner but it better than not doing it at all.

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            • #7
              Originally posted by fruitbowlk View Post
              Congrats.. Good to know I just opened one for my daughter. Wish it would have been sooner but it better than not doing it at all.
              I would have liked to have opened it sooner too, but I was busy paying off my own college education.

              Still, we managed to accumulate 60K. That won't cover everything but it will certainly help.
              Steve

              * Despite the high cost of living, it remains very popular.
              * Why should I pay for my daughter's education when she already knows everything?
              * There are no shortcuts to anywhere worth going.

              Comment

              • #8
                big moment Steve. That's great. Does she have an intended major yet? Medicine? lol. She's still so young.

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                • #9
                  We just had a little surprise, we've been putting our 3 kids college costs on our Costco American Express card for years and paying it off in full for the rewards but the other day we paid for the fall semester for our daughter and found that the college now charges a credit card fee, $94.00 to be exact!

                  It was nice while it lasted, luckily she's a senior and our last kid in college. Make sure you send them off to college with a credit card from your account, college book store charges add up quickly and don't charge a credit card fee.

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                  • #10
                    Originally posted by disneysteve View Post
                    A momentous day in our household. A few minutes ago, I made the first tuition payment for our daughter who enters college one month from today. I made a withdrawal from the 529 plan about 2 weeks ago, deposited that check when it came, and charged the tuition bill to our Marriott Visa tonight. I'll pay it off in a day or two.

                    So at least there is a little perk from spending all of that money - I'll rack up some free hotel stays.
                    Nice move!

                    Comment

                    • #11
                      Congratulations to daughter, who will be taking a big step forward. As parents you will need to adjust to Empty Nest Syndrome. We had DSs take responsibility for all their university costs. We thought it would be an opportunity to make mistakes and find solutions to problems. Instead it meant lots of phone calls at weird hours [they were in a different time zone] or texts which are sometimes so abbreviated they're hard to decipher. We learned a new 'language.'

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