If you haven't started saving yet, don't panic but don't wait any longer either. Put back a set amount each pay and make a commitment to stick to it. If you need help with coming up with enough cash for college, check into any grants or loans that your child may be eligible for. Just remember, loans have to be paid back while grants do not. Find out if your child will be eligible for a work study program. The financial aid office of your local college should be able to help you. If work study isn't an option, an off campus job may be needed. As long as the hours are manageable with schoolwork your child should have no problem juggling work and school.

Scholarships come in many varieties. A little research online should point you in the right direction and some sites search all available scholarships at once to find one the right fit. If you have a retirement plan you may be able to withdraw enough to help with expenses. You may be charged a penalty for withdrawing early so decide if it's a good option for you. Another option is to check out college credit union accounts for students. Members are offered savings and a lifeline of sorts. Call your local college and ask for information on student credit union accounts. Getting money for college through a credit union can even help your child once he or she is an enrolled college student. As a college student, little emergencies may arise. A credit card saved especially for emergencies can help during college, just remember to use it only as a last resort.