Here are a few suggestions that families have used, to fund tuition.
Parents are able to secure a personal loan or line of credit.
Get a second mortgage or refinance their home.
Others have used college savings since their child is not on track to complete high school, much less go to college.
Some have had support from family members and/or friends.
Families with a 401k or Roth options have used loans from these accounts to help.
In today’s economy the most commonly used method of financing is a personal line of credit from a local bank--A bank with which you may have a good relationship. Some have been able to go on line and apply for lines of credit through some of the larger banks and they have received approval for a line of credit or credit card at a great interest rate.
Tuition sometimes takes creativity but can change your child’s life forever.