Fee Based College Planning
Today, a family can easily exceed $250,000 in college costs – for one child!*
Uninformed decisions, mistakes and missteps may drive up your college costs.
With our help, you’ll have answers to these vitally important questions:
• Will we have to pay the school’s sticker price?
• How much will we be expected to pay out- of pocket at selected schools?
• Which schools would be a good fit for my child – academically, socially, learning style, etc.?
• Which schools should our child consider in order to get the best financial deal in the form of financial aid and scholarships?
• Will we qualify for financial aid?
• How much financial aid could we expect?
• How much in free money (scholarships/grants)?
• Can we increase our financial aid award? How?
• If our income is too high to qualify for financial aid, what can we do to reduce out-of-pocket college costs?
• What merit scholarships, at selected schools, is our child eligible? How much could they expect and what are the requirements to obtain them?
• How can we increase the likelihood of getting scholarships?
• What are the mistakes to avoid that may significantly drive up college costs?
• How can we get more free money for college?
• What is the best way for the grandparents to help fund college costs?
• Are 529 Plans an appropriate choice?
• Which other savings options may be better, in light of our circumstances?
• Will we qualify for tax credits? How much?
• Can we leverage our business to reduce college costs? How?
• Would test prep benefit our child? In what ways could it reduce college costs?
• How can we maintain or increase cash flow during the college years?
• What are the appropriate funding strategies for covering any shortfalls?
• Which savings options are best in light of our circumstances?
• Should we set up a trust account for our student? Would it drive up or down our college costs?
• Should we pay college with after-tax income in light of other options?
AND MANY MORE!
There are two different prices for a college education –one for the informed buyer and one for the uninformed. WHICH PRICE WILL YOU PAY?
Making well-informed college savings, planning, admissions and funding decisions can help you send your child to the right college, potentially save you considerably on out-of-pocket college costs and can help you avoid suffocating student loan debt.
* Source: College Board 2021 data analyzed by Collegiate Funding Solutions, Inc. Includes tuition, fees, room and board You should expect more than simplistic, one-size-fits-all college-savings strategies from a financial advisor. WITH COLLEGE FUNDING SOLUTIONS YOU CAN EXPECT MORE AND WE’LL DELIVER MORE!