Sending your kid to college is one of the biggest transitions your family will go through, and getting ready for it takes a bit more than figuring out what to pack.
It's natural to feel a little stressed, but with the right preparation and mindset, you can spend less time worrying and more time celebrating the college send off.
To help ease the transition, here are our top college tips for parents.
Is your child is ready to manage their finances independently? Are they prepared to hold up their end of financial responsibilities? Consider:
If you haven't talked to your child about basic budgeting skills, consider reviewing tips from the Consumer Financial Protection Bureau and sources such as NerdWallet's Budget Guide.
Your college student should understand how to track spending, how credit scores work, and how to make wise choices on discretionary spending. For example, talk to them about comparing prices on branded university merch between school stores, local retailers, or sites like Fanatics before buying a pricey item that catches their eye.
One of the most practical college tips for parents is to set clear communication expectations early. If you’re expecting a daily call but they’re anticipating checking in the next time they see you in person, then irritation and hurt feelings will set the stage for your conversations.
To avoid this, discuss:
Before you start shopping for dorm room essentials, do a little homework:
Once you know what you actually need, it's easier to shop smart instead of overspending.
Buying every supposed college "must-have" can add up fast, and not everything on those lists ends up getting used. Here are a few ways to save and make your money work for you:
Consider this real-world example: Becky, who's been earning with RaiseRight for three years, followed the last bullet point when her daughter went to college. She said, "I just found out the bookstore on her campus is a Barnes & Noble! Her textbooks are going to help send her younger brother on his school's band trip this year."
Care packages aren't just homemade cookies and clean socks—they're a way to stay connected and give your kid a boost when they need it most.
Consider including a:
Handmade crafts or drawings are another personal touch (the sillier, the better). Head to your local Michaels and do your worst at family portraits, retro zines, or crocheted monsters.
Read more: Our Favorite Gifts for High School Graduates
The college send off can be an emotionally overwhelming time, so one of the best tips for parents is to take care of themselves. Consider:
As you rediscover how to spend your time and energy, you might find yourself looking for new ways to stay involved or give back.
If you were using RaiseRight to earn money for your child's school or activities, this next chapter doesn’t have to be the end of your fundraising journey. This is your opportunity to shift your time, efforts, or fundraising dollars toward something new. Consider starting a free RaiseRight program for:
A nonprofit you're passionate about
Not familiar with RaiseRight? It's a simple way to earn money for the organizations you care about. Purchase gift cards, shop online, dine at participating restaurants, or book travel to earn money back for your cause.
Thousands of families across the U.S. are using RaiseRight to earn thousands of dollars a year, without spending extra out of pocket.
Learn more about how RaiseRight works, or enroll for free today: