Call today for a consultation 501-588-4451

Robertson, Oswalt, Nony & AssociatesCall today for a consultation

Robertson, Oswalt, Nony

Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.


Making a


Difference In Your Life

How to Pay for College After a Divorce

On Behalf of | Apr 17, 2012 | Firm News, High Asset Divorce

College degrees are increasingly becoming an indispensable tool for young people looking to start a career. The need for a degree is only expected to grow over the next several years.

Unfortunately, college is also becoming extremely expensive. If you’re going through a Little Rock divorce that involves children, you should seriously consider planning for college expense as part of your divorce settlement. Planning ahead can help prevent confusion and disagreements as your child grows older.

Experts recommend that divorcing parents consider the following tips when planning for college expenses:

  • Plan for custody: The income of the custodial parent plays a big role in qualifying for financial aid. Students are likely to get the best aid packages if the parent with the lowest income has primary child custody in the year before the child applies to college.
  • Agree to cooperate: Financial aid applications require financial information for both parents, even if only one has custody. The divorce decree should require both parents to cooperate when it comes time to fill out aid applications.
  • Plan for all expenses: Tuition isn’t the only college expense. The divorce agreement should also take things like room and board, living expenses, books, college visits and prep courses into account.
  • Set limits: Considering how fast college costs are growing, it can be helpful to create predictability by setting limits on how much each parent will be expected to pay. For example, some parents choose to set a specific dollar amount, while others choose to limit themselves to four years of expenses.

By taking these steps during your divorce, you can help ensure that your children’s future will be well-protected.

Source: The Huffington Post, “Divorce Questions: How is College Tuition Divided Among Exes?


Here when you need help. Call 501-588-4451 to set up your consultation

Hear From Our Clients

“Our attorney showed an immense amount of care while working quickly, efficiently, and effectively… We are back on track in our lives because of you.”