December 2016 Newsletter
College Prices Hit New Record Highs in 2016!
Happy Holidays! December is a wonderful month for connecting with family and friends, and also the month for year-end financial aid planning.
With the new FAFSA two year look-back, it’s parents of Sophmores who should have their financial aid plan solidified before 2017 starts (the income year that counts for their FAFSA).
If you are not yet sure about your college funding plan, join me on our last College Funding webinar of the year, this Tuesday, December 6th at 6 pm. Everyone is welcome.
This month’s Featured Find shares the unfortunate truth that, “…the cost of attending four-year colleges … yet again outpaced overall inflation as well as increases in financial aid.” The college years continue to be the most expensive years for a family.
For our Seniors heading to college this fall, check out our Senior Scoop to prepare for some of those extra costs and fees that need to be included in the college budget.
We wish all of you a wonderful holiday season! Additionally, we look forward to connecting with many of you in the new year!
Vancouver, WA 98683
College Prices Hit New Record Highs in 2016
Tuition has quintupled since 1990—rising faster than inflation, incomes, and financial aid, new College Board study finds.
The cost of attending four-year colleges hit another record high in 2016, as boosts in tuition, room, and board yet again outpaced overall inflation as well as increases in financial aid.
The total published or “sticker” price for attending an in-state public university averaged $24,610 a year in the fall of 2016, the College Board said today…
How to Survive Paying for College Workshops & Webinars
Seating may be limited – Register to ensure your spot!
Most parents are not financially prepared to enter the most expensive time period of their lives: covering their child’s college education.
Our 1-hour workshops provide steps you can take right now to assure you understand the cost of attendance and how you can afford college without jeopardizing your retirement.
Those Hidden College Fees
The parade of fees on college campuses never seems to end.
There are extra charges to start college, such as orientation fees and freshman fees, and extra charges to finish, such as senior fees and commencement fees.
There are nickel-and-dime fees, like $8.50 at Indiana University to drop a class after two days, and large ones, like $3,049 to major in digital media and animation at Alfred State College, State University of New York.
Then there are all the mandatory charges rolled into the published “tuition and fees,” including a slew of euphemistically named fees for costs that used to be covered by tuition, like the annual $814 “student success fee” at California Polytechnic State and the $3,324 “academic excellence fee” for entering students at…
About Westface College Planning
If you are a typical parent with college bound students, you’re probably overwhelmed by all the research necessary to help your sons and daughters make the right choices and prevent overpaying for their education.
You are not alone!
Get the facts. Educate yourself to potentially save tens of thousands of dollars on a single college education. Parents of more than one child heading to college in the next few years, can save even more.
At Westface College Planning, we work with families to help you plan for and navigate the “paying for college” process. We teach you how to minimize your out-of-pocket expenses, maximize financial aid eligibility, understand the best way to navigate through the college selection process and prioritize your sources of college funds to protect your life savings!
More information at WestfaceCollegePlanning.com.
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December 2016 Newsletter – Issue #62