The ABC Lingo Of Applying To College
The time is almost here! Your child is in high school and will soon be applying to college. That most likely also includes applying for financial aid. During the process you will come across tons of acronyms: FAFSA, SAR, COA. While reading these for the first time can feel overwhelming, it is important to get comfortable with them. Below is a primer so that you and your child can begin the process of selecting colleges to apply to while you both also prepare financially for college expenses.
At College Financial Prep, we understand the uncertainty that parents face as their children approach College and even Graduate School. From a financial perspective, below are the steps that parents should take to help maximize savings and, simultaneously, minimize costs on their children’s college educations.
People often ask me how College Financial Prep got its start...
Really, it all started with my own personal story. I was a Divorce Coach who helped people achieve goals, most often with regards to their own personal finances. As clients started to ask me how they were going to afford the cost of college, my own son was approaching high school and I certainly wanted the best for my son!
Tomorrow is the day! October 1! The day that FAFSA opens for the 2021-2022 school year!
People keep asking me about when or how soon the FAFSA should be completed. I usually explain that it's as if the colleges have this large pot of money. As time goes on, the amount left in the pot to give to students for financial aid and scholarships starts to dwindle. It is always better for FAFSA to be filed sooner rather than later...
The article atached was written by College Financial Prep and shared by both Divorceify and Recompose.Us.
If you have questions, please contact CollegeFinancialPrep@gmail.com
As you're planning for college expenses, let's keep your piggy bank smiling!
During these trying times, and as always, College Financial Prep works with families of all shapes and sizes to help them save money on the cost of their children's college education. Since we all want the best college education for our children, we need to be mindful that the "best" isn't always necessarily the most expensive.
For everyone who has been impacted during this Coronavirus pandemic, whether it be due to job loss or business loss, separation or divorce, or large medical expenditures, College Financial Prep is here to assist you with reducing college costs!
During the summer months, there are so many things for both the parents and the children to do now. For our High School students, there is college prep and strategic financial/cost saving work. For those entering college and even in college, it is time to acquire student loans for Fall semester. And everyone may need credit repair work to help improve their credit score for student loan acquisition (and so much more!) Most importantly, though, is not to get consumed by the process.
For our High School parents, I want to invite you (and your friends and your children) to join myself and Eleanora Ferrante from Square Peg Square Hole Coaching this coming THURSDAY 7/16/20 @ 7:00PM live on Zoom.
We'll be discussing "The High School Senior's Summer To Do List!" (This is also great for families of rising Juniors who are looking to get a better understanding of the process!)
Essays, Applications, Financial Aid Forms
We'll discuss the steps you need to take now - from strategically creating the college list with an eye on merit scholarships to writing your essay. And, of course there will be time for a Q&A session!
It’s that time of year! Time to make sure that your child's student loans are in place before the fall semester begins. But, have you done all that you need to do before getting the loans?
Here’s a little primer to get you prepared…
It's time to wish those with Rising High School Seniors, "Congratulations!" You've made it through a certainly crazy and unprecedented Junior year! It's now time for you and your child to strategically create your college list! So, you're likely wondering "What does that mean?" With College Financial Prep, not only do we look at schools that offer specific majors, sports, school size and geographic location, but we also find those schools that will likely offer your child merit aid. (Yes! Your child does not have to be a straight A student with a perfect SAT score to be eligible for merit aid!)
I spoke with a new client yesterday who is a single mom. Her daughter’s dad is, unfortunately, mostly uninvolved. And now, the girl is a Junior in High School and planning to apply to college.
So the mom calls me and we begin to discuss why it is so important for her, and so many others in her position, to be strategic with the schools that she applies to. Here are just some of those reasons:
College Financial Prep provides families with cost saving strategies, scholarship research and financial aid preparation. Contact College Financial Prep today at 516-225-5224!