Why College Is So Expensive and What You Can Do About It

By The College Funding Coach / November 16, 2021

College Is Expensive: The Soapbox The sticker shock of attending a four-year college can be enough to make many prematurely draw a conclusion that financially supporting a child or loved one is impossible. The cost of attendance for just one year can be enough to make you reach for the Alka-Seltzer.  The tuition bills themselves…

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The Financial Aid Appeals Process: A Guide to Everything You Need to Know

By The College Funding Coach / September 3, 2020

It’s rare that we meet parents who know this important fact: the first offer a financial aid department makes your student isn’t necessarily their final offer; you can appeal for more money! Often times you can appeal your first aid package offer, either as a reflection of errors made during the submission process (we’ll discuss…

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Paying for College Without Parents’ Help

By The College Funding Coach / April 30, 2020

NOTE TO PARENTS: Even if you are not helping to pay for your kids’ college, it is still important that you take an active role in supporting their college search and funding process. For example, your kids will need you to help them fill out the FAFSA and CSS Profile. Beyond these things, there are…

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What Every College Financial Aid Officer Wants You to Ask

By The College Funding Coach / March 24, 2020

This article was originally published on May 13, 2019. It was updated on March 24, 2020.  As a college funding coach and a financial advisor, my conversations with families are often focused on how they can provide the best education and opportunity for their children without compromising their families’ financial future or taking on significant…

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Don’t Put All Your Eggs in One Basket to Pay for College

By The College Funding Coach / March 5, 2020

What do Stephen Covey and Miguel Cervantes have in common? They are commonly attributed with two fundamental maxims that hold true in college funding. In his book 7 Habits of Highly Effective People, Stephen Covey says, “Begin with the end in mind.” In his book Don Quixote, Cervantes is credited for saying, “Don’t put all…

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Overlooked Benefit of 529 Plans: State Tax Deductions

By The College Funding Coach / October 4, 2019

What is a 529 plan? A 529 is a tax-advantaged college savings plan that can now be used for K-12 tuition as well. You make after-tax contributions and your earnings will not be taxed at withdrawal as long as you use the funds to pay for qualified education expenses. These plans also have no income…

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GI Bill Transfer – How Does It Work?

By The College Funding Coach / July 23, 2019

In recent weeks, the GI Bill has received new attention because of a major change that the Department of Defense implemented on July 12, 2019. The DOD instituted a 16-year cap barring members with longer service times from transferring their Post 9/11 GI Bill education benefits to a spouse or dependents. What is the Post…

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Steering Clear of the Student Debt Crisis

By The College Funding Coach / June 14, 2019

Loans, Loans, Loans, and More Loans There has been much talk lately in the media about the staggering amount of outstanding student loan debt.  The statistics are alarming: At the end of 2018, almost 45 million Americans had outstanding student loans totaling $1.57 trillion. Student loan debt is second only to mortgage obligations, passing credit…

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Are Public Universities Actually Cheaper?

By The College Funding Coach / May 28, 2019

Skewed Perceptions: “Only State Universities Are Affordable” Why do so many college applicants only apply to public universities? They believe that private schools will cost more money, and they won’t be able to afford it. At least this is what we are repeatedly hearing from families that we work with on their financial planning. There…

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Life Change Series: Financial Aid and Divorce

By The College Funding Coach / May 21, 2019

Let’s face it, marriages don’t always go as planned.  Divorce can not only disrupt our personal relationships, but it can also have lasting financial effects.  Financial aid for college can be one of those areas where these repercussions are felt.  Understanding financial aid eligibility is difficult enough when it only pertains to one family’s financial…

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