So...

[Ashkael]

You're 20 years old, and you're afraid to tell your parents that you're gay because they are paying for your college education and you don't want to be cut off?

Don't be a wuss.  Tell them the truth.  They are your parents and they love you.  You owe them at least that much.

edit:
Also, parents are pretty smart.  I betcha that they already know, and are just waiting for you to confirm their suspicions.

Latinamerican culture is different from American culture. In America, a 16-year old teenager is already dying to move out from their parents house, and their parents are already putting pressure on them to start getting a job. In Latinamerica, teenagers usually live with their parents until they marry or decided to move out. And a great deal of them stays with their parents even after they have married. However, that doesn't mean I am incompetent. The reason I have a chance to study here in America is because my father is not your average poorly paid Latin. We have retail stores and until I moved to America a few months ago, I had been in charge of one of them for about 6 years. That's why I say I'm lucky.

Regarding my parents, I would say that they don't suspect anything. You know, being homosexual doesn't mean that you are effeminate. As I already said, I was raised in a very macho environment. In fact, none of my friends even had the slight suspicion that I was homosexual until I told them.

About coming out to them, I once read in a gay-minded website that 1 out of every 4 gay American teenagers were kicked out of their houses by their parents when they came out to them. Unfortunately, that was a few years ago and I don't seem to be able to find the page again. You know, it's very easy to think about it, but very hard to do it in practice. As I said before, my father is a really homophobic... I cannot envision what would happen if I told him that I am homosexual. That's why I want to play safe and wait at least 2 more years until I have my diploma.