Now this is a hot topic.
Seniors are waiting for their thick or thin envelope in the mail from the college's where they have applied. At this point the parents and students should have a plan on how to pay for college. Some parents started planning many years ago.
Seniors are waiting for their thick or thin envelope in the mail from the college's where they have applied. At this point the parents and students should have a plan on how to pay for college. Some parents started planning many years ago.
There are multiple strategies that can be used, depending on your view point of your student getting financial aid. Financial aid falls into 2 categories - Need Based and Merit Based (aka - Grants and Scholarships). The remainder of funding is filled by Loans, Work Study and EFC (Expected Family Contribution). I am constantly telling my clients that there are many strategies behind getting Financial Aid and the sooner we work on plan the more likely you are to receive aid. In many cases significant Financial Aid can be a reality, if you plan.
Just completing the Financial Aid Forms (FAFSA and CSS/Profile) without a strategy or plan is like allowing the IRS to complete your taxes. Not a good plan!
Let's work on a plan.
If you have not been through the one hour free consultation and would like to meet please let me know. If you have been through the free consult and would like to get started please call or e-mail as well.
Click below to view an article from Smart Money of the topic.
Let's work on a plan.
If you have not been through the one hour free consultation and would like to meet please let me know. If you have been through the free consult and would like to get started please call or e-mail as well.
Click below to view an article from Smart Money of the topic.
