Scholarships
Are Scholarships Taxable? Rules To Know Now
First, congratulations on winning that scholarship! You’ve made a great stride in paying for college and reducing your student debt. Now that tax time is approaching, you might find yourself asking, “Are scholarships taxable?” This is an excellent question! Most scholarships and grants are considered “free money” and not taxable, but there are exceptions. To…
5 To-Do’s for Making High School Juniors College Ready
School is back in full swing, and that means for many high school juniors, the thought of college isn’t too far behind. So what can you do to get ready for the collegiate grind? Here are a few tips to get you on the right track to plan for college as a high school junior….
Extra Summer Job Earnings? Before Spending a Penny, Talk to Your Student About These 4 Ways to Budget
1. Stick to a savings plan A good rule of thumb is save first and spend what you have left over. Agreeing on a savings plan ahead of time will make it easier to part with a chunk of the money. A popular (and fair) budgeting technique is the 50/30/20 budget: 50% → Necessities 30%…
March 2017 Newsletter: Award Letter Tips, Big Scholarships & More!
March 2017 Newsletter It’s College Acceptance Season! It’s March! I love this time of year. Every day I have the privilege to receive an email or phone call from my many excited clients as their sons and daughters receive college offers. The excitement also comes with trepidation of the impending expense for college. Colleges give you until…
Land an Athletic Scholarship
You’ve enrolled your student in their favorite sport. They seem to have a knack at it. How does that tie into their college future (other than first string)? An athletic scholarship may be the key to avoiding college financial debt. Take a look at these 7 tips to find out if an athletic scholarship is right for…
March 2016 Newsletter
March 2016 Newsletter March Madness! Happy March Madness! If you are the parent of a high school senior, March Madness has a new exciting definition. This March you’ll be scrambling to finish your taxes early, update your FAFSA application, plus send tax returns, special financial circumstances explanations and more to your private colleges. By the end of March, you’ll know all your college acceptances and financial aid awards and be down to your…