Question: What’s the best place to save for college…a 529, the bank, an investment? Answer: It depends, based on your tax situation and whether or not your student will qualify for need-based financial aid.Here are some investments options: 1) Money in the bank Not a lot of tax benefits. Not currently paying high interest rates. […]
Taming the High Cost of College
TTHC11 – College Planning and Divorce
There are 3 aspects of college planning affected by divorce. Planning and preparing Who will do the leg work? Research on the schools Plan and participate in school visits Determine test prep plan Financial aid Financial aid is based on income and assets of parents and the student. When completing the federal student financial aid […]
TTHC10 – 5 Last Minute FAFSA Tips and The Top Ten Financial Aid Mistakes
5 Last Minute Tips for Completing the FAFSA Complete the FAFSA and CSS Profile by the required deadline a. Use tax estimates if necessary to meet the deadline Asset strategies Pay down debts with assets from bank accounts (savings, money markets, etc) Pay bills in advance…..property taxes, vacation, remodeling projects, credit card bills. Deplete assets […]
TTHC09 – Tax planning for college with Tim Nolan, CPA, Nolan Accounting Center
Tim Nolan, a local CPA, talks about tax strategies when it comes to college. He will explain the American Opportunity Credit and tip for business owners. Nolan Accounting Center is a family business that has been in service for 48 years. They assist small business owners and individuals with their tax returns. 5 Types of […]
TTHC08 – Helping Students with Learning Disabilities Prepare for College with Linda Katz – Educational consultant and founder Right Fit College Coaching.
QUESTIONS From John in California: What is the “net price calculator” that I find on most college websites? From workshop attendee: Do I have to complete the financial aid forms and FAFSA if I know we won’t qualify for need-based aid? Linda helps students with learning disabilities, such as Attention Deficit Hyperactivity Disorder (ADHD), prepare […]
TTHC07 – Recruiting the College-Bound High School Athlete with Erik Lofdahl of Midwest Collegiate Scouting.
Today’s interview with Erik Lofdahl of Midwest Collegiate Scouting details how the athletic recruiting process works and why you should consider hiring a recruiting specialist. MIDWEST COLLEGIATE SCOUTING assists students in the recruiting process as they transition into college sports. Before starting his business 10 years ago, Erik was involved in the recruiting process as […]