By Graham Archer
Visiting a college is a very important part of your student’s decision process. The glossy brochures from colleges do not really represent the experience on campus.
By Graham Archer
Every family has an expected family contribution (EFC) that is calculated by using the Free Application for Federal Student Aid (FAFSA) or the College Board’s CSS Profile. It is the Department of Education’s estimate of the minimum amount your family can afford to contribute towards paying for college.
By Graham Archer
In a recent discussion with the father of a high school freshman, he told me they had done an online calculation for how much a specific school would cost their family. When looking at an Ivy League school that costs $60,000+ per year, they could expect to get about $2,000 per year in financial aid.
By Graham Archer
A study by Personal Capital found that 70% of wealthy Millennial families are putting college savings ahead of retirement. That is a classic “heart vs. head” mistake for the simple reason that students can get loans and scholarships for college, but parents will not get loans and scholarships for retirement.
