Do Higher Discounts Help Out Students or Colleges?

It’s July! Time to soak in those warm summer rays and get some well-deserved R&R.

Private Colleges are Offering Discounts at Historic Levels

Did you know private school discounts are at an all-time high? Tuition and fees are 44.2% for all undergraduates and 49.1% for first-time, full-time freshman. But does that weigh in favor of the students, or colleges?

Why That Summer Job Won’t Hurt Financial Aid

Good news for working students! If they’re worried about the impact of their summer gig on financial aid, it won’t affect the eligibility of most students. Before their earnings are counted as income, they’d need to make $6,570 for the 2018-19 school year.

Use Summertime to Get Ahead

As your student basks in the bliss of summer vacation, it’s the perfect opportunity to get them ahead of the planning game. Sign up for a complimentary college funding consultation or educational webinar with me today!

All the best,

Beatrice Schultz, CFP®
Westface College Planning
WA: (360) 818-7728 | CA: (650) 587-1517
1498 SE Tech Center Place, Ste 385
Vancouver, WA 98683

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Tips for Parents of Seniors

Why That Summer Job Won’t Hurt Financial Aid

By Carmen Reinicke ● Published on CNBC

It’s a pretty common question heard from college students who work during school or over the summer: “Will my income affect my eligibility for scholarships or aid?”

For most students, the answer is no.

The Free Application for Federal Student Aid, or FAFSA, the form that colleges and universities use to determine a student’s need for financial aid, has protections in place for student earnings. For the 2018-19 school year, the amount a student can earn before it is counted as income is $6,570.

Learn More

 

 

Student Loan 101 Webinar: Your Plan for Taking and Paying Back Loans for College!

July 18 2018 • 5:30pm to 6:30pm PDT

Student loans can be a headache, but they don’t have to be!

In this special webinar, Beatrice explains student loans, from federal to private to repayment options, to help guide your family and piece together a plan. Every family is different, so let’s work together to find the best option for you.

Reserve Your Spot

 

Back to School Webinar: How to Design Your College Financial Plan

August 15 2018 • 12pm to 1pm PDT

Join Beatrice Schultz CFP® for our Back to School Webinar on college funding. It’s online, accessible anywhere, and free!

In this afternoon webinar, Beatrice will help you build your college financial plan before the first day of school begins.

Reserve Your Spot

 

 

 
In College News

Private Colleges are Offering Discounts at Historic Levels

By Jillian Berman ● Published on MarketWatch

Now is a great time to find a (relative) bargain on a private college education.

The share of tuition and fee revenue these schools are devoting to grants rose to its highest level ever in the 2016 to 2017 academic year — 44.2% for all undergraduates and 49.1% for first-time, full-time freshman — according to a report released Monday by the National Association of College and University Business Officers or NACUBO, a membership organization representing 2,100 colleges and universities.

The high levels of discounting means that almost all freshman attending these schools are getting some kind of deal; roughly 88% of first-time full-time freshmen at these schools received some sort of grant.

 

Read More About College Discounts

 

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