Show May 22 2002 How Can l Afford To Send My Child To College? by Ann Parkinson USU Extension The amount varies depend- on the interest rate you get and the number of years that you save The higher the interest rate and the earlier you be- to need less the to save you gin set aside each month For example if you start sav- ing when your child is bom you will have 18 years to save Each month you will only have to deposit $32 in an account interest in earning order to save $10099 by the time your child is 18 However if you use the same savings instru- ment but do not start to save until your child is 16 you will have to save $401 each month In addition if you use the count with the higher interest — you will only rate — have to put away $21 each month starting when your child is bom Remember by starting to save early and by using accounts with higher interest rates you can put aside smaller amounts If you wait until later to start saving you may not be able to afford to put away the larger ing Saving money is the primary way to prepare for the costs of college Setting aside a certain every month or each payday will help build up a fund for college If you and your child begin saving early the amount you have to set aside each month will be smaller In order to set up a savings schedule you'll need to think about where your child might attend college how much that type of college might cost and how much you can afford to save You can also pay part of the costs from your earnings while your child is attending In addition your child may also be able to meet some of the costs of college by working dur- - ing the school year or during the summer Some Federal State or other student financial aid may be available including loans to you and to your child You will also want to think about what kind of savings ac- count to use or what kind of investment to make By putting your money in some kind of savings account or investment rurof‘lafgr" and the money will earn inter- est or dividends Interest refers to the amount that your money earns when it kept in a savings account Dividends are payments of part of a company's earnings to people who hold stock in the company Each savings account has an "interest rate" associated with it This is the rate the money in the account increases over a certain period of time Principal refers to the face value or the amount of money you place in the savings account where you earn interest The following assumption shows how much you would need to save each month in order to have $10000 available when your child begins college qIP Announces Open Enrollment Date Utah's Children's Health In- surance Program (CHIP) will hold open enrollment June 3 through 14 2002 All eligible Utah children who apply dur- ac- ing thjs time period will be cepted Applications are availbe will able now and accepted beginning June 3 Families wanting to apply online can do beginning June 3 The open enrollment period will be the first opportunity in 2002 for many Df Utah's working families to health care cov- obtain erage for their children since CHIP'S continual enrollment was capped last year CHIP is Slate hcaUh insurance plan to children whose families cannot afford private health Thanks for Response by Bob Bahlmann Staff Writer was pleased to read Mr Brewer's response to my column on the big game fence issue It's nice to know that somebody is actu-i- s should ally reading what I write He along with any other reader know that this column is an editorial column and as such is my opinion I haven't changed my opinion on the big game fencing issue but am genuinely pleased that Mr Brewer responded We need more people who are willing to stand up for what they feel is right Scouts Youth City Council Young Men Young Women Families Enjoy A Root Beer Float When a b h J sit Ithvention TTUtah data) Cl IIP influenced the rate to drop in 2001 to without Cl IIP the rate could be at 11 percent Applying for coverage during the Open Enrollment period is simple Families can call as high line at the Cl IIP information to receive a mailed application or to find a Utah Department of Health (UDOH) eligibility office in their area Starting June 3 and Wednesday! You Are Done You Can Also Participate As A Donor to the project! Permanent Lime Stone Monuments are to be erected as part of the heritage garden with the names of the generous contributors permanently inscribed in gold silver or bronze lettering Donations of $1000 will receive the “Gold” inscription donations of $500 will receive the “Silver” inscription and donations of $250 will receive the “Bronze” inscription You can also mail your donations to: Gunnison City Attn: Cemetery Olympic Renovation Project (CORP) PO Box 790 Gunnison UT 84634 Press association V— A New Indispensable Internet Tool For Your Business! Utah Legal Notice Database Is online! lal scan ties ate lied Or subsi rlbe to Smart Sean li and receive (Lilly e mall delivery ol local and or statewide legal noth es ol vital Import mi business loiters com to: q0 e to your Wwwutalilegali I2TUPA Public Lands Resources May 22 at 6 pm Bring Your Shovels Rakes Wheelbarrows Trimmers and Positive Attitude! To Be 200 due to funding projections and an unexpected growth in the number of children receiving cover- age Because of the natural of enrollees "graduation" CHIP now has the capacity to enroll more children who are currently without health insur- - SOME OF THE ISSUES The Gunnison City Cemeteiy Committee Needs All Able Bodied Individuals To Help Clean Up The Cemeteiy 'Tfjfffjj This WEDNESDAY Singles This is the Place serious condition thit could have been prevented with a simple office visit" V'T ' Z ® d The UDOH believes that ippi a portion of the open submitted be- 14 2002 enrollment before most schools ' eligibility break for summer that children famif Wlll be able to receive g based J children under ton materials from their cili schools Health care coverage us are who pf ancg and who keeps kids healthy and healthy 'Mst participants move of zens or legal residents kids are better procured toleam covered by currently the program in about a year Of ininsurance miv aualifv The fait is a lack of health those who move off the pro- - i ea surance can have a serious ime or examp obtain emgram and health a on child's f pact health care earning up o ua v learning coverage" said Chad Westover jn biiC "We're thrilled to hear the Director Utah CHIP Because news that CHIP will be availea Next month's open enroll- d able to even more children" care ° lca ment will fill the slots that were said ynne Calame district vacated In addition families nurse for Salt Lake City School are retired to pay premium cal P District "CHIP takes the presof approximately every chilUDOH Executive Director sure off — we can make sure three months so Cl IIP can serve receive the coverage they dren care medical "Comprehensive as many children as possible need it most" hen need they with a focus on prevention will "Cl HP has made a difference kids from showing CHIP provides medical coverin the lives of thousands of keep these room with age similar to private health Utah Children" said Mrs up in the emergency Benefits msnriimr iirua Jacalyn Leavitt "1 am pleased that we are able to offer this i Qi it (fi valuable health care benefit to m families who would otherwise go without insurance This proAsk your local paper how you can reach over 500000 gram helps parents and their households in 50 Utah newspapers in one easy step children when they need it classified most " through Utah Press Association statewide In fact the CHIP program has advertising network children 50000 helped nearly (National placement since 1998 when the uninsured also available through (1996 rate was Utah Press Decent scrvlte of the Utah Press Assih lal Ion and yom local newspaper A ' ' and Environmental Issues Our mountains are a treasure to us here in Sanpete County Gene doesn't like the fact that outsiders and Environmental types are telling us we can't use them Outdoor recreation is our pasttime These public lands belong to us as citizens and we deserve and should have access to enjoy them For generations we have grazed livestock logged timber and mined coal We have also hunted fished and camped in our mountains enjoying recreational activities with our families The local management of these These types of activities are becoming more regulated areas is being influenced by people from outside our area with extreme environmental agendas As local citizens we must have greater local control over the management of our public lands and resources so that those who are most familiar with these lands can appropriately administer this vast economic potential while preserving nature’s pristine beauty for future We do not need government and environmental generations Our public lands and mountains provide resources of water coal forest products grazing for livestock and other resources that create jobs and incomes for out local economy We must do everything we can to protect and balance our interests in these areas Gene has worked on projects requiring cooperation with In his private business experience the Corps of Engineers and other environmental agencies on issues involving the Endangered in working hard on Species Act and wetland mitigation With this experience he can be proactive these issues Responsible Government Gene believes that as taxpayers we have the right to be treated respectfully and efficiently when we interact with county government will work hard listen to the people and Sanpete County’s future needs a commissioner who in fiscal integrity in government We need to represent their interests and concerns He believes realize that fiscal responsibility is more than just not spending money it is knowing when and where to spend it wisely The government’s primary rule should be to help identify problems and then allow free President George W Bush said enterprise and human creativity to help find the solutions ’Government should do a few things and do them well’ We couldn’t agree more The current liberal mindset is taking too much money from us as to the judgment of taxpayers and spending it on too many things that would be better left individual citizens We understand that welfare is sometimes necessary to help those who have temporary fallen on hard times and do not have the support of family However we believe people should be able to support themselves through hard work if they are able will listen to you all the issues will work hard to understand As your county commissioner the people and represent your choices on the issues |