5/29 only comes once a year but there are two types of 529 Plans!

By Erik Fischer / May 31, 2018

Question:  We are starting an account to eventually fund our child’s education, and we have heard that the 529 Savings Plan and the Prepaid College Tuition Plan are the two best options.  Is that true and which one is better? Answer:  This is a very frequent question that parents ask when they are taking the…

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5 Common Myths About Paying for College

By Tim McFillin / April 12, 2018

With the help of financial advisors from TheCollegeFundingCoach.org, we’re going to debunk the most common myths about applying for student aid and paying for college. We’ll also talk about the point when investment returns outweigh your…  https://www.fool.com/podcasts/answers/2018-04-10-5-common-myths-about-paying-for/

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Even Warren Buffett should file the FAFSA

By P.J.Horan / March 13, 2018

“I don’t want any financial aid”…said no one ever. Well that is the path you’ll go down if you don’t file the Free Application for Federal Student Aid, commonly known as FAFSA. It is estimated that $2.3 billion in federal aid was left on the table in 2017 by students who did not file. Many…

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What if you could name your own price for college?

By P.J.Horan / March 9, 2018

Have you seen the Progressive Insurance commercial with the “Name Your Price” tool? If you haven’t, the premise is that Flo (the spokeswoman) gives the price scanning gun to the customer to let them name their price for insurance. In actuality, when a customer approaches Progressive about getting Insurance coverage, they get to pick and…

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10 Options To Consider If You Can’t Pay Your Student Loan Bills

By Brock Jolly / January 7, 2017

If you are a high school senior who will attend college in the fall, you need to understand the pressure and burden that follows when you take out massive student loans to pay for college. If you are a college grad and currently staring down the barrel of an overwhelming student loan repayment, you already…

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Do You Have A Game Plan For Financing College? If Not… It Could Cost You Thousands Of Dollars!

By Brock Jolly / November 5, 2016

Each year we are amazed at the lack of planning that some families put into college, especially financing college. The proof of this lack of planning comes out when we ask these simple questions in the initial interview with the student: Why do you want to go to college? Where do you want to go…

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Financial Aid– It’s Time to Apply

By Jen Rose / September 6, 2016

It’s almost time to apply for financial aid! Did you know the dates for the FAFSA® have changed? For those who will go to school beginning 2017-2018, students can fill out the FAFSA® as early as October 1st.  Let’s try to get it done before the holidays!  You’ll use the 2015 tax returns, so for…

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Don’t Use Your 401(K) To Pay For College!

By Brock Jolly / July 18, 2016

As the cost of college heads for the stratosphere and student loans become more costly due to higher interest rates, many families may find themselves a bit cash-strapped and begin to look at their retirement fund (401k, 403b, IRA) to cover their education expenses. While it’s a natural tendency to want to do all you…

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If You Visit Colleges During The Summer Months – Look Beyond The College Brochures

By Brock Jolly / July 6, 2016

Don’t judge a college by its brochure! If you’re serious about going to college, then you need to look beyond those expensive, glossy, full-color college brochures, or fancy websites, which tout the institution’s image and credentials. To get the most out of your campus visit, you must gather first-hand intelligence about the schools on your…

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How Out-Of-State Students Can Get In-State Tuition

By Brock Jolly / June 15, 2016

One way to reduce the cost of higher education is to attend a public university. However, the student may face a huge “cost premium” if he or she does not qualify as a resident of the state where the public university is located. In the past, elaborate rules for in-state tuition qualification were established to…

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