How to Build a College Budget

Hi Friend,

It’s July! We hope you make some wonderful memories this Independence Day. As summer break continues, and as your student makes the most of their vacation, it’s also the perfect opportunity to get them ahead of their college planning game.

The FAFSA is one of the most important steps to complete in the college funding process, but this year it has been riddled with delays and issues from the implementation of the new form. Many students have encountered challenges with completing the FAFSA, leading to delays in receiving financial aid award letters. These delays have resulted in difficulties for students in making timely decisions regarding their college choice. 

Beyond the FAFSA issues, it is important to focus on the pieces of the college preparation process that are easier to control, like building a college budget. Creating a college budget sets college-bound students up for success. Understanding the importance of being financially prepared is a crucial skill that can greatly benefit your aspiring college student’s life. 

At Westface College Planning, we are here to help you and your family prepare for and navigate the college payment process. If you have questions, schedule a complimentary college funding consultation with us today! 

– Trixie

Let’s Talk!

The FAFSA Completion Gap Is Shrinking. Will It Disappear Entirely?

The U.S. Department of Education unveiled a simplified version of the FAFSA in late December, about three months after the typical release date. The new form streamlines the process for students and their families, asking several dozen questions at most compared to up to 100 in the original.

But the process has been plagued by technical glitches and formula errors, on top of the initial delay. 

A College Student’s Guide to Building a Budget

College is a period of significant change and growth for students. It marks the beginning of financial independence for many, requiring the development of effective money management skills.

Creating a budget is essential for college students to effectively manage their finances, which allows them to focus on their studies and alleviate added stress from money concerns. This comprehensive guide is designed to help college students build a budget that works for them. 

How to Survive Paying for College Free On-Demand Webinar

Enroll in our FREE on-demand webinar and learn how to calculate: 

  • Expected Family Contribution (EFC)
  • Cost of Attendance (CoA)
  • FAFSA and CSS profile
  • Public versus private costs
  • How you can afford college without jeopardizing retirement

Enroll for free now! Just click the button below!

Westface College Planning is here to help ensure your planning is where it needs to be. Contact us with any questions you might have for the years to come!

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.