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Parents! Help Your Teen Make College More Affordable with These Tips

With the rising costs of college, it’s no surprise that many parents feel overwhelmed at the thought of paying for higher education. But did you know that your teenager can take steps now, while still in high school, to significantly cut down on future college expenses? By encouraging your teen to take certain classes and exams, you can help save thousands on tuition and even reduce the time it takes to earn a degree. Here’s how:

1. Encourage Advanced Placement (AP) Classes

AP classes allow high school students to take college-level courses while still in school. These classes often culminate in an exam at the end of the school year, and depending on the score, many colleges will grant credit for the course. While a passing score is typically a 3 (on a scale from 1 to 5), some universities may require a 4 or 5 for credit.

Tip for Parents: Help your teen choose AP courses that align with their future college plans. Research which schools accept AP credits and what scores are required to ensure their efforts pay off.

2. Take Advantage of CLEP Exams

The College Level Examination Program (CLEP) allows students to earn college credits by passing an exam—without having to take the actual course. These tests are ideal for self-motivated students who want to challenge themselves by studying on their own. CLEP scores range from 20 to 80, with a typical passing score being 50, though this can vary by institution.

Tip for Parents: CLEP exams are great for knocking out general education requirements. Encourage your teen to study subjects they already excel in to boost their chances of passing.

3. Explore Dual Enrollment

Dual enrollment programs allow high school juniors and seniors to take college courses at local community colleges or universities while still completing their high school education. This program is an excellent way for your teen to earn college credits, often at little or no cost.

Tip for Parents: Check with your teen’s high school counselor to find out about dual enrollment opportunities in your area. The credits earned are widely transferable, which can save you both time and money when it comes to college tuition.

4. Do the Math: Exam Costs vs. College Tuition

While these programs may require upfront costs, they pale in comparison to the potential savings. AP exams cost $94, and CLEP exams run around $85, with a small administrative fee. Dual enrollment typically covers tuition, fees, and books.

Compare that to the average cost of a 3-credit college course, which ranges from $942 to over $3,000, according to the College Board. Testing out of just one 3-credit class can save you hundreds—or even thousands—of dollars! Plus, earning college credit while still in high school can help your teen graduate college in less than four years, saving even more on tuition, room, and board.

5. Do Your Homework

Not all colleges and universities accept AP, CLEP, or dual enrollment credits. Some more competitive schools might not recognize these programs, so make sure to research which institutions will honor the credits your teen works hard to earn. This step ensures that all the time and money you invest now will pay off later.

Final Tip: Start having conversations with your teen now about their college goals and the ways they can start saving on tuition. Encouraging them to take these steps in high school can lighten the financial load when they head off to college.

Helping your teen take advantage of these opportunities not only prepares them academically but also makes higher education much more affordable. You’ve got this!