College Planning

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Capital Gains Impact Eligibility for Need-Based Financial Aid

Many parents with college-bound children consider selling stocks, bonds and other investments to help pay for school, but unless said investments are held within a qualified 529 tuition plan, such as a college savings plan, the capital gains from selling those investments can negatively impact the child’s eligibility for need-based financial aid. Capital gains occur…

Is Selective Service Registration Required Before Receiving Federal Student Aid?

Selective Service Registration is currently required for all male U.S. citizens and male permanent resident aliens born after December 31, 1959. Students who fail to register for Selective Service before turning 26 are not eligible for Federal student aid. Whether currently a student, or planning to attend college in the future, this information will be…

Creating a Budget for College: 5 Easy Steps

Creating a budget for college is a smart way to track what your costs will be, as well as how and when you plan to pay for school. You may already keep a monthly budget for other expenses. However, it’s important to create a budget for college as well. But where do you start? Pick…

7 Creative Ways to Lower College Costs

Figuring out how to cover college costs can be daunting. There’s tuition, of course, and when you start adding in books, fees, room and board, plus incidentals the total cost of attendance can rise quickly. It’s best to plan ahead so that you’re not caught with unexpected expenses and no way to pay for them….

Fox Business: Saving for Tuition vs. Retirement: Which is More Important?

A couple of weeks ago, Fox Business posted a great article about saving for tuition vs retirement. Here’s what it said: After watching their retirement funds get pummeled by the financial crisis at the same time the cost of college tuition continues to rise, many parents are faced with a difficult choice: contributing towards their…

An Investment in the Future

We’re excited to announce that Westface College Planning is a sponsor of the Redwood City Education Foundation’s Benefit for a Brighter Future 2012! As we’re committed to helping parents through the process of making the right financial choices for their college bound students, we see great value in helping students be better learners and keeping…