The financial side of college comes with a vocabulary all its own. This A-to-Z guide walks through the terms and decisions families encounter most often, from opening a checking account to staying on track to graduate. A is for the checking account you'll want to open. If possible, choose a bank with locations near both home and campus, and make sure parents can easily transfer money when needed. This makes day-to-day spending much easier to manage. B is for budget. Create a

For many students, the first year of college is their first real taste of financial independence. While this is an exciting time, it's...