 If you have a child who is headed off to college in the fall, this may be a better season than most to file an appeal and negotiate your financial award! If you are still undecided about which college to attend, now is the time to file or even re-file your appeal as colleges are eager to bring in students for this coming fall! (The one upside for parents of current High School Seniors due to a global pandemic.) While many schools typically will negotiate, not all do. And, it also depends on the reason for the appeal.
Due to the Coronavirus, many schools are now fearful of students opting for a gap year or of making an alternate decision that what was originally intended. (Read Inside Higher Ed article here.) Therefore, since the schools still need revenue to operate, they need to ensure that all seats will be filled.  Going through a separation and divorce is both emotionally and financially draining for all parties involved! Even in the best divorces, you are still dividing assets and now the two parents have to support two households on the same total income as when everyone lived harmoniously together.
In many instances, one parent earns significantly more than the other parent. While the lower income spouse should make every effort to live the best life possible by increasing both his or her income as well as savings, there is a great financial benefit that comes along with divorce when the children are preparing to enter or are already in college!  With College Financial Prep and Square Peg Square Hole Coaching, get your family and your student ready in high school and then be 100% prepared to apply to colleges and for financial aid come Senior year! Together, these two companies have teamed up to create a timeline that will provide your family with the needed information to keep you focused and on the right path. Click "Read More" below to see the timeline. And, if you should have any questions, please contact CollegeFinancialPrep.com or SPSHCoaching.com today!
 Right now, many families are scared, upset, confused and more... Not only about Coronavirus and Covid-19. Families are now also grappling with all things related to high school and moving onto college…
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AuthorCollege Financial Prep provides families with cost saving strategies, scholarship research and financial aid preparation. Contact College Financial Prep today at 516-225-5224! Archives
August 2022
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