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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The Private Scholarship Game (Part 3) – Frequently Asked Questions

By Brock Jolly / May 21, 2016

Q: How can I find out about what scholarships are out there? A: Your best scholarship research sources include: The Internet (try the free scholarship search engine located at the FastWeb website http://www.fastweb.com), your local community (contact your local chamber of commerce); and your high school guidance counselor. Q: Can I apply for a scholarship…

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The Private Scholarship Game (Part 2) – How To Increase Your Odds

By Brock Jolly / May 4, 2016

  High school juniors need to turn their attention to private scholarships now. There are many scholarships with applications that are due in the fall of the student’s senior year. If you delay this process due to procrastination or because you are preoccupied with upcoming summer activities, you could lose a major opportunity to get…

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The Private Scholarship Game (Part 1) – The Top 10 Do’s and Don’ts

By Brock Jolly / May 4, 2016

Most college scholarships and grants are available through the Federal and State governments, which are ultimately controlled by the colleges themselves. However, there are a few Private scholarships that are available through outside, private sources. These private scholarships are very competitive though, and scholarship judges may spend just a few precious minutes or even seconds…

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Secrets to saving for college: Local families working with financial planner

By Brock Jolly / March 4, 2016

ROANOKE (WSLS 10) –  The average cost of college can top $20,000 a year when you add in room and board. Families all over the country are trying to save for retirement and kids college. Paulette Recktenwald will be making one less lunch soon when her oldest son goes off to college. “I want them…

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The Verification Process

By Brock Jolly / March 1, 2016

Once the government calculates your family’s Expected Family Contribution (EFC), it will then be displayed on your Student Aid Report (SAR). And once the colleges receive their copy of your SAR, they may decide to do a verification (audit) of the financial information provided by your family. Verification is a simple process for families and…

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It’s Time To Complete The 2016-2017 FAFSA Form

By Brock Jolly / January 6, 2016

  Financial aid applications, such as the FAFSA, should be submitted as soon as possible after January 1, but no sooner . You cannot submit the form before January 1, because the need analysis process uses your financial information from the prior tax year when calculating eligibility for the upcoming award year. To meet the…

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Financial Aid Time Is Near – Will You Qualify?

By Brock Jolly / December 15, 2015

Every year families go through the tedious process of filling out financial aid forms in hopes of getting enough money to make college affordable for their student(s). If you do happen to qualify for aid, most of it will most likely be in the form of loans, which today have a high fixed interest rate.…

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Choosing The Right Career Path Before You Pick A College Can Save You Thousands Of Dollars!

By Brock Jolly / November 16, 2015

Choosing a career path is one of the most important decisions that students face today. Lack of planning can force students into a five or six-year college degree. Students who do not plan their career path may end up receiving degrees in declining-growth fields, or fields with a surplus of applicants, resulting in their inability…

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