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Top private colleges and universities can cost over $200,000 over 4 years, and these costs are only going up over time. How much money should you save?
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HOW TO BEST USE YOUR 529 WHEN PAYING FOR COLLEGE

by Stephanie Leigh Bacak Level 8
If you have accumulated fund in your child’s 529, congratulations! You are probably a member of the elusive Savers who plan ahead and hate debt. A savers’ immediate instinct is to use all the designated savings ...(more)
1 Comment   |  Jan 24, 2019
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My kids are joinging the military to pay for college

by Brent Leavitt, CFP® Level 11
  “My college savings plan is the military.” This is a response I got last week from a very serious woman at a college and career planning event I went to. I love the military and I thought it was a great plan. In ...(more)
Comment   |  Mar 28, 2017
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How student loans impact your credit

by Jose Manuel Soto Level 17
If you've finished college within the last few years, chances are you're paying off your student loans. What happens with your student loans now that they've entered repayment status will have a significant ...(more)
Comment   |  Dec 05, 2016
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Loan Debt for Students – Is an Income Based Repayment Plan Right for You?

by Ann Benjamin Zuraw Level 9
Many of today’s college graduates, eager to accept the challenges of their new careers are also facing a life-long financial challenge. The burden of considerable amounts of student debt may seem overwhelming.  If you ...(more)
Comment   |  Apr 26, 2016 from Greensboro, NC
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College Planning Tips for Each Stage of Your Child’s Life

by Brett Tushingham, CFP® Level 18
  “If you fail to plan, you are planning to fail.” This quote, attributed to Benjamin Franklin, makes me think of the way many families approach paying for college. For most families, the words “planning” and ...(more)
Comment   |  Apr 04, 2016
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Learn the CSS Profile, the 'Other' Financial Aid Application

by Brett Tushingham, CFP® Level 18
Most families with college students are very familiar with the Free Application for Federal Student Aid. The FAFSA form determines your eligibility for need-based financial aid that is based on students’ and parents’ ...(more)
Comment   |  Feb 17, 2016
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Grandparents and College Planning — the Right Way

by Brett Tushingham, CFP® Level 18
Grandparents are usually willing to help with college expenses when possible. I remember my own grandmother chipping in a bit for my freshman year at school. Knowing what I know now, it’s likely that the gift had a ...(more)
Comment   |  Feb 09, 2016
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How To Survive Planning For Retirement and College At The Same Time

by Theodore Michael Jenkin Level 19
Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®   Co-CEO and Founder oXYGen Financial, Inc. Request a FREE no obligation consultation: www.oxygenfinancial.net   For Baby Boomers and Gen X’ers the quandary that ...(more)
Comment   |  Feb 04, 2016 from Alpharetta, GA
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Proactive College Planning and the EFC – What You Need to Know

by Brett Tushingham, CFP® Level 18
At this point many families have already filed the Free Application for Federal Student Aid, or FAFSA.  This is the first step in applying for need-based financial aid for college.  The information provided on the FAFSA ...(more)
Comment   |  Jan 20, 2016
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The Private 529 Plan and why it could be your Best College Savings Option

by Brett Tushingham, CFP® Level 18
Most college savings strategies can benefit a great deal by incorporating a savings vehicle into the mix.  The tax benefits and flexibility of most savings plans make them very appealing for families looking to help ...(more)
Comment   |  Dec 17, 2015
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This Could be the Most Important Action of your College Planning Strategy - FAFSA

by Brett Tushingham, CFP® Level 18
January 1st is almost upon us and that’s an important date for many families who have college bound children.  That is when they can begin filing the Free Application for Federal Student Aid, better known as FAFSA.  The ...(more)
Comment   |  Dec 16, 2015
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Understanding the 2 Types of College Financial Aid

by Brett Tushingham, CFP® Level 18
My family and I just returned from Charlotte, North Carolina, where my two boys competed in and won their first Jiu-Jitsu tournament.  On the ride home, one asked if he could get a college scholarship if he continued to ...(more)
Comment   |  Nov 24, 2015
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3 Ways to Send Your Kids to College Without Sinking Into Debt

by Brett Tushingham, CFP® Level 18
My young son Reece just completed a math lesson at school in which he learned how to count by thousands. The lesson ended when the class got to the millions. When I told him that numbers go up to the trillions, he was ...(more)
Comment   |  Nov 03, 2015
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Tips on Understanding a College Financial Aid Letter

by Brett Tushingham, CFP® Level 18
Your child’s already been accepted to the college of his or her choice, and you’ve been waiting patiently to find out how much you’re going to have to pay for that top-notch education. Now the wait is over: Your ...(more)
Comment   |  Oct 15, 2015
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College Planning

by Frank Reilly Level 20
The cost of higher education has become one of the greatest financial burdens facing parents and students today, not only because of escalating annual tuitions, but also the increasing number of years of ...(more)
Comment   |  Oct 02, 2015 from La Mesa, CA
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The Cost of Waiting To Save For College

by Martin A. Watkins, CFP® Level 10
When your child is still learning how to crawl, it can seem almost absurd to imagine him or her moving out and starting college. Nevertheless, the power of compounding, along with a higher capacity for risk the further ...(more)
Comment   |  Sep 30, 2015 from Salt Lake City, UT
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What the Recent FAFSA Change Means for You

by Brett Tushingham, CFP® Level 18
Families applying for financial aid for college must complete the Free Application for Federal Student Aid (FAFSA). This application, which helps determine a student’s eligibility for aid, asks for information on the ...(more)
Comment   |  Sep 28, 2015
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8 Things Every Parent Should Know About 529 College Savings Plans

by Arie J. Korving, CFP® Level 20
We often are asked by parents (or grandparents) of young children about college savings plans.  529 college savings plans offer tax-advantaged ways to save for the various costs of higher education.  While these plans ...(more)
Comment   |  Sep 28, 2015 from Suffolk, VA
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A Twenty Million Dollar Tale

by Carlos Sera Level 20
A TWENTY MILLION DOLLAR TALE “IS COLLEGE WORTH IT”     I have a strong belief that a college degree is a critical component to financial success since we know that college graduates earn more income than their ...(more)
Comment   |  Sep 24, 2015
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That Expensive College Might Be Affordable After All

by Brett Tushingham, CFP® Level 18
Earlier this month, my sons experienced their first college football game as we traveled to Charlottesville, Virginia, to see Notre Dame play the University of Virginia. It was by far one of the most exciting sporting ...(more)
Comment   |  Sep 22, 2015
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3 Things You Should Know About Virginia's PrePAID Tuition College Savings Plan

by Stephen J. Korving, CFP® Level 11
Virginia offers a prepaid tuition program to residents looking to save for future college educational costs, called Virginia529 prePAID.  The plan allows you to prepay future tuition and mandatory fees for Virginia ...(more)
Comment   |  Sep 16, 2015 from Suffolk, VA
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8 Things Every Parent Should Know About 529 College Savings Plans

by Stephen J. Korving, CFP® Level 11
We often are asked by parents (or grandparents) of young children about college savings plans.  529 college savings plans offer tax-advantaged ways to save for the various costs of higher education.  While these ...(more)
Comment   |  Sep 16, 2015 from Suffolk, VA
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The Private College 529 Plan: Is It Right for You?

by Brett Tushingham, CFP® Level 18
The cost of attending some private colleges and universities now exceeds $65,000. Outside of funding your retirement and buying a house, a college education will most likely be the biggest financial investment you’ll ...(more)
Comment   |  Sep 14, 2015
1 vote

The Value of a College Financial Planner ... for Saving Your Retirement

by Steve Stanganelli CFP®, CRPC® Level 20
College is expensive: tuition, fees, books … and now add a college financial planner into the mix.  What is the value of a college financial planner for families trying to figure out how to pay for college?  A lot. For ...(more)
Comment   |  Aug 11, 2015 from Amesbury, MA
1 vote

5 Sure-Fire Ways to Lower College Costs

by Steve Stanganelli CFP®, CRPC® Level 20
How you pay for college for your kids will impact your own retirement. Think about this:  College tuitions, books, fees and housing continue to increase at a rate faster than inflation in general.  Based on current ...(more)
Comment   |  Aug 11, 2015 from Amesbury, MA
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The Prepaid 529 Plan and What it Means for Your College Planning Strategy

by Brett Tushingham, CFP® Level 18
Paying for college is getting more and more expensive with total costs as high as $260,000 per child.  With two children myself, one year apart, I am well aware of the current and future costs.  As part of any financial ...(more)
Comment   |  Aug 04, 2015
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How the FAFSA can Help Pay for College

by Brett Tushingham, CFP® Level 18
What is it - The FAFSA is a form that will determine your eligibility for federal financial aid (undergraduate and graduate) and is required by any institution that awards federal aid.  Before I continue, a number of ...(more)
Comment   |  Aug 04, 2015
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Four Steps to Help Pay for College and Protect Your Retirement

by Brett Tushingham, CFP® Level 18
College is expensive and the price keeps going up. The national average cost of attending a four-year public college is over $24,000 per year and private is closer to $50,000.  Is funding a college education one of your ...(more)
Comment   |  Aug 04, 2015
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3 Tax Strategies to Help Pay for College

by Brett Tushingham, CFP® Level 18
The most common college planning questions we receive generally revolve around optimizing financial aid.  Although this is a worthwhile area to explore we like to take a broader perspective when helping families pay for ...(more)
Comment   |  Aug 04, 2015
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4 Misconceptions Regarding College Financial Aid

by Brett Tushingham, CFP® Level 18
Navigating the college planning process can be overwhelming for most families.  While the guidance they receive from friends, professionals and online can have the best intentions it usually falls short due to a lack of ...(more)
Comment   |  Aug 03, 2015
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