March 2016 Newsletter
Happy March Madness!
Westface College Planning
Rising Costs Brings New Focus on How Colleges Set Their Prices
When Reza Sabooni was accepted to Emory University, the advertised price was an intimidating $63,058 a year.
A determined negotiator who is now a sophomore majoring in business, Sabooni ended up paying much less than that. The university at first agreed to cover only half of the cost, but ended up taking care of two-thirds through discounts and financial aid – though Sabooni still has had to borrow some $20,000 a year in loans.
The experience, he says, “was stressful.”
How to Survive Paying for College Workshops & Webinars
Will My Scholarships Be Taxable?
Scholarships, grants and fellowships are not taxed when:
- You are seeking a degree at an eligible institution (full time or part time).
- The money is used for tuition and fees for enrolling or attending that eligible school.
Photo Credit: bluefern/123RF
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.
March 2016 – Issue #53
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