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Archive for May 2012

Divorce and Financial Aid

What happens when parents are getting a divorce and financial aid for their dependent child has yet to be processed for the next school term? Even if parents are just separating, it often requires a student to itemize the income of the student and of the custodial parent on the joint income tax return. If…

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Finding the Best College for You

Some of the best colleges are like a classic Ferrari roadster. A college education at an Ivy League school, much like having a Ferrari, will never go out of style, it has a great reputation, and although it might be expensive, it seems worth every penny. But is it the best college for you? What…

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The UC Blue and Gold Opportunity Plan

Qualifying students can take advantage of a new program from the University of California called the Blue and Gold Opportunity Plan. For California residents whose families earn less than $80,000 per year, this plan will cover your educational and student service fees. Why Did UC Create the Blue and Gold Plan? The University of California…

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May 2012: Creating a College Budget & More

Greetings! Happy May! Most seniors have picked their college by now – Congratulations! There’s still a lot for them to do to prepare, though! Have you taught them how to manage their money? In this month’s Senior Scoop, I offer advice for teaching your teenager how to create and stick to a college budget. The…

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