Senior year is well underway and many students and parents have turned their attention to the world beyond high school. Perhaps you’ve always had college in your sites for your child. Maybe you have been encouraging extra-curricular activities since middle school. It’s finally time to start compiling all that work and play into a brag …
3 Tips for a Killer Brag Packet: How to Win Scholarships Read More »
Part 2: Federal Financial Aid Award Acceptance Last time we talked about how to determine how much money your child needed for college. Now it’s time to find out where that money will come from. Financial aid comes from four sources and federal aid is the most popular of these. Federal Government Financial Aid The …
Part 1: The Formula More than half the parents who just sent their kids off for their freshmen year of college needed to supplement their contribution with financial aid. Rapidly rising tuition costs were just one factor that rendered carefully monitored savings accounts insufficient. Luckily, it’s not as difficult as you think for your kid …
Only 48% of parents have saved money for their children’s college education. As a result, when college days finally arrive, nearly 60% of parents take the hit and cut back their discretionary spending. Others, around 40%, take personal loans, postpone retirement, or take a second job in anticipation for loan repayment. Don’t wait until the …
3 Secrets to Creating a Successful College Payment Plan Read More »
Many parents (mistakenly) believe that the last year or two of high school is the time to be thinking about college. However, planning for college, and particularly how to pay for college, should start much earlier. In fact, there are things that your child should start doing in the early stages of high school that …
3 Things Your Child Can Do in High School to Get Money for College Read More »
You’ve been saving for your kid’s college education for years. An account is sitting at the ready waiting for that acceptance letter to arrive. Everything seems in order. But did you consider that tuition has risen nearly 80% in the last 10 years? Did you include funds for your eager student’s housing, books, clothes, or …
Think You’ve Got College Costs Covered? Think Again. Read More »
