February 2016 Newsletter

February 2016 Newsletter

Flagship Colleges Seeking Out-of-State Students


Wow. It’s already February!

January was a busy month for us with “How to Survive Paying for College” presentations and workshops. If you attended and would like to schedule a complimentary consultation, you can do so here.
This month’s Featured Find article is interesting from two perspectives. For us in California, our first perspective is typically the shock around the fact that UCLA and Berkeley now have 27-30% out of state students versus 6-10% only 10 years ago. The main driver is money via higher tuition.
A second perspective is when you’re considering sending your student out of California. Other state flagships also want higher tuition, but many are giving big tuition discounts to attract good students. This article includes a nice list of colleges to consider for our students who want to get away from home and are academically strong. We are seeing nice merit aid packages at colleges like Alabama, South Carolina, Kentucky and others.
For seniors, your college acceptances are starting to arrive. This month’s Senior Scoop is a link to a FinAid tool you can use to compare your college costs and financial awards. Use it as a guide to differentiate gift (free money) versus self-help (loans and work study) aid.
If you still have questions about how you’re going to pay for college, sign up for a workshop or give me a call to take the next step on the path to creating your clear college funding plan.
All the best,
Beatrice Schultz, CFP®
Westface College Planning 
(650) 587-1559
 

Featured Find

Nation’s Prominent Public Universities are Shifting to Out-of-state Students

America’s most prominent public universities were founded to serve the people of their states, but they are enrolling record numbers of students from elsewhere to maximize tuition revenue as state support for higher education withers.

The shift has buttressed the finances and reshaped the profile of schools across the country, from the University of California’s famed campuses in Berkeley and Los Angeles to the universities of Arkansas, Oregon, Missouri, South Carolina and numerous other places. Forty-three of the 50 schools known as “state flagships” enrolled a smaller share of freshmen from within their states in 2014 than they had a decade earlier, federal data show. At 10 flagships, state residents formed less than half the freshman class.

[Continue Reading Article Here…]


How to Survive Paying for College Workshops & Webinars

Reserve Your Spot Today!
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.
Our upcoming events are:


Senior Scoop

FinAid! The Smart Student’s Guide to Financial Aid

Award Letter Comparison Tool

This Award Letter Comparison Tool helps you compare and contrast the financial aid packages from the colleges that have admitted you. In particular, it highlights differences in the cost of attending each school.

Please use annual figures when completing this form.

Please supply as much information as possible. If you do not have some information, just leave the corresponding input field blank. You will find it helpful to have your award letters in front of you when you are completing this form.

[Continue Reading Article Here …]


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!

Sign up for a free workshop or webinar or call to schedule a complimentary college funding consultation today.

More information at WestfaceCollegePlanning.com.


February 2016 – Issue #52

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