How Your House Can Impact Financial Aid

Hi Friend,
 

August is here! As the leisurely days of summer move into a bustling school year, we want to help make sure you and your student(s) are on an affordable college-bound path. 

Is your student about to start their freshman year? Their first year of college is filled with new experiences that are both exciting and overwhelming. It’s time for them to come up with a solid plan so they can live happily and independently during their first year of college. Following these tips will help guide them into a smooth freshman year with limited stress and anxiety.

Are you aware that some colleges count home equity when determining your financial aid award? Many private colleges do consider home equity in their financial aid calculations. Lynn O’Shaughnessy from The College Solution, shares details you need to know on how your house can impact financial aid.

Do you want to make sure you and your student are on a financially sound path? Discovering the real cost of college can be intimidating, but we can help! Sign up for complimentary college funding consultation or educational webinar with me today!

I look forward to talking with you soon and enjoy the last days of summer!

– Trixie

 College News: Tips to Help You Survive and Thrive in Your Freshman Year

The first few weeks on campus are extremely critical for all new students. It is during this time that you make critical decisions that will have an effect on the rest of your life. Some of these 25 tips are critical during your first weeks, while the others are meant for longer-term guidance and survival.

Whatever you do, be sure to be yourself and try to enjoy your college experience as much as possible. Expect to feel some stress and homesickness, but don’t let these issues wear you down…

How Colleges Assess Home Equity for Financial Aid

Plenty of parents worry that their home equity might hurt their child’s chances for financial aid.

Luckily, at most state and private colleges and universities, the equity in your primary home is a non-issue.

That’s because most schools only require families to complete the FAFSA (Free Application for Federal Student Aid) when applying for financial aid, which doesn’t even ask about your home equity…

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!