I had a great time talking financial aid and FAFSA strategies on the Hack Your Wealth podcast this week. Check it out here. Want to put this to work for you? Sign up for The College Financial Plan Masterclass. You’ll develop a detailed financial plan for college, learn strategies to maximize financial aid and merit scholarships, find out how to qualify…
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529 Plans
That title was a trick. I’m actually going to write about how much you should contribute to a 529 first. Lately I’ve heard versions of the same question again and again: After a year of no travel, eating out or other activities, people are sitting on extra cash that they want to direct towards college. Many are wondering what’s the…
There’s been a great deal of chatter around the topic of free college recently. Because a lot of that chatter is along the lines of, “Why save for college? It’s going to be free!” I think it’s worth a quick review of the content of actual free college proposals. This week, Sen. Bernie Sanders and Rep. Pramila Jayapal introduced the…
I’d put this question on my top 10 list of frequently-asked questions. When are college costs actually due, and how do you pay them? Is that actually two questions? Your first college payment is the deposit which is paid when you accept admission on or before May 1. Usually this is a nominal (relative to college costs) amount, typically ranging…
We’re almost there: acceptance letters are arriving and the May 1 decision day is right around the corner. For most families, how much schools cost is part of the decision making process. But comparing award letters from different schools might seem like comparing apples to taco salad. The good news is, all offers need to show total cost of attendance,…