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April 2014 Newsletter: College Meal Plans, FAFSA Confusion & More

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It’s April!

If you’re the parent of a senior, your soon-to-be college student has received acceptance and award letters.  They will be making their tough final college choice this month.

A not-so-tough, but important, next decision will be the sifting through the options for college meal plans.  This month’s Senior Scoop describes a general overview of common meal plans.  First-year freshman may be required to obtain a meal plan, so make sure to find out options through the college’s website because every institution structures their plans differently.

How many of you ran into difficulty when filling out the FAFSA?  You’re not alone!  According to this month’s Featured Find article from Time Magazine, around 45% of high school seniors either stop completing the form or do not bother trying at all.  We (as well as the writers as Time) suspect that this relates to the detailed complexity of the form.  If you are one of the guilty 45% that stopped part way through, or dread the thought when you will have to face it down the road, give us a call to help coach you through the process.

I’ll be hosting a special workshop event at Woodside High School on Wednesday, April 23rd from 6:30pm to 7:30pm.  During the workshop, I’ll reveal important aspects of paying for college, including how to:

  • Calculate your Expected Family Contribution (EFC).
  • Figure out your Cost of Attendance (CoA).
  • Understand your financial aid eligibility.
  • Compare state versus UC costs.

At the workshop, I’ll also focus on the tough question – “How will you pay for the amount your family does have to pay?”  If you can’t make the live workshop, sign up for one of our webinars.

Reserve a seat at a workshop or webinar or give me a call when you are ready to take your next step on the path to creating a clear college funding plan.

All the best,
Beatrice Schultz, CFP®
Westface College Planning
College Funding Specialist
650-587-1559 

 

CSR_logo_RGBCollege Smart Radio: Tackling the Runaway Costs of College

Tune in to 1220am KDOW – the Wall Street Business Network from 3:00pm-3:30pm every Saturday for my radio show, College Smart Radio – Tackling the Runaway Costs of College.  The show can be streamed live at www.KDOW.biz, too!

 

Curious what College Smart Radio covers?  Tune in this Saturday, April 5th where we’ll find out how the Western Undergraduate Exchange (WUE) works with guest Margo Colalancia, Director of Student Exchanges at WICHE.

Listen in to the College Smart Radio podcast where we defined how to exemplify the essential qualities of an “angular” student when applying for college with College Bound Mentor Lisa Bleich.

It’s all great information you won’t want to miss out on.  Thanks for listening!

 

FAFSA FormFeatured Find: Student Loan Forms are Still a Nightmare

“Promised fixes to the all-important FAFSA have not materialized years later, leaving students to navigate a maze of paperwork. About 45% of high school seniors don’t complete the form, according to the Education Department.

Massachusetts Sen. Elizabeth Warren went to Charlestown High School in Boston recently with one message for students gathered in the gymnasium to hear her speak. It was about getting ahead-but not simply by studying hard or avoiding trouble. If they planned to go to college, the senator was there to tell the students, it was essential that they fill out the Free Application for Federal Student Aid.”

Continue reading the article here.

 

Upcoming “Tackling the Runaway Costs of College” 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: 

Bacon Wrapped Eggs & ArugulaSenior Scoop – A Buffet of Meal Plans for Hungry College Students

Seniors: Forget the sky-high costs of tuition and books. What about food? It’s not only an ongoing necessity of human life, it often puts a substantial strain on your wallet.

“Crunching” the Numbers

As tuition rises, the cost of food follows the same path. For the average single male or female, the monthly cost of food towers at around $300. For starving college students (literally) with part-time jobs, that’s a pretty hefty chunk of change for a single living expense.

Continue reading Senior Scoop here.

Advice & Insight

Connect With Us For The Latest News

Are you following Westface College Planning online? If not, here are just a few things you missed:

Facebook Logo  Find out who made the list of 50 smartest colleges in the U.S. on our Facebook page.

LinkedIn Icon  For-profit schools are being targeted and forced to assess students preparedness.  See why this is occurring on my LinkedIn Page.

Twitter Icon  Our Twitter page links to what’s known as a “Gap Year” program essentially paying for students to take a break.

G+ Icon  Learn what a “Social Entrepeneaurship” is and why it may overshadow internships on our Google+ page.

Follow us on Facebook, Twitter, Google+ or connect with me on LinkedIn so you don’t miss any additional updates!

Click here to reserve a spot on our mailing list. You’ll receive our monthly newsletter updating you about imperative college finance information directly to your e-mail.

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.

Ready for your own success story?

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If you’re a typical parent with college-bound students, you’re probably overwhelmed. You want to help your sons and daughters make the right choices and prevent overpaying for their education. You’re not alone! We’re here to help. Schedule your free consultation today – click below to get started!

Catch our free, on-demand webinar:

How to Survive Paying for College

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Join Beatrice Schultz, CFP® for our on-demand webinar, where she provides parents with the exact steps that often greatly lower the cost of college, even if there’s little time to prepare.