July 2015 Newsletter: The Real Cost of College

July 2015 Newsletter

High Cost of Living, More Financial Aid


Real Cost of College

It’s July, a time for soaking in warm summer rays and enjoying some well-deserved R&R.

Summer break continues, and as your student basks in the bliss of their vacation, it’s the perfect opportunity to get them ahead of their planning¬†game (even if only to dip their toe in the college financing water).

You next step is building your college funding plan, and I’m here to help. Sign up for a¬†workshop¬†or give me a¬†call¬†today!

All the best,
Beatrice Schultz, CFP¬ģ
Westface College Planning 
College Funding Specialist
(650) 587-1559

Featured Find

Underestimating the True Cost of College

“How much does it cost to live in Philadelphia? According to¬†Drexel University, students who don’t live on campus should budget $18,365 for their living expenses over a nine-month academic year.

But¬†Peirce College¬†says it costs only $7,790 for housing, food, transportation, health care and other personal expenses, such as clothing. That’s a $10,575 difference in the same city, where both campuses are connected to the city’s public transportation network.

.. A team of academic researchers found that one-third of colleges and universities underestimated actual living expenses by more than $3,000. Another 11 percent of schools overestimated by more than $3,000.

In other words, almost half get it wrong by a big margin.”


Upcoming “Tackling the Runaway Costs of 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.

Our next upcoming workshops are: 

Colleges That Change Lives

Senior Scoop

Keep your Summer Golden with These 5 College Planning Tips

Rising Seniors: As the sun lights up summer evenings, you can bask in the relaxation of BBQs and pool parties.  It’s an enchanting feeling of getting lost in the warmth and timelessness.

As you recharge, it’s also a crucial period of preparation for the final bow of your high school career and the exciting college years ahead. Planning successfully means making your unique mark in the world and lets you thrive.  Follow these 5 steps to master your senior year:

  1. Be Careful of Social Media ‚Äď Censorship & Privacy
    We all know what you post on the internet will always leave a digital footprint. Even supposedly temporary Snapchat videos can be automatically saved using another downloadable app.


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 ‚Äúpaying for college‚ÄĚ 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.

1st Photo Credit: Josh McKible

More information at WestfaceCollegePlanning.com.


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