Financial Aid

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November 2011: When to Complete College Applications

Greetings! Is your senior finishing up his or her College Applications? It’s best to have them submitted before the Thanksgiving break, so help your child stay on track! Find out why this is so important in the “Senior Scoop” below, and keep reading to find out which college degrees are most marketable in today’s economy…

529 Plan Basics: Pros, Cons and Strategies

One strategy that many families use to save for college is to invest in a 529 plan. What is it? A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies or educational institutions and are…

Top 8 Financial Aid Planning Tips

We all know college can be expensive. How can you begin preparing for your child’s education now? Texas A&M University offers a lot of great financial aid planning tips for parents on their site. Here are 8 of my favorites: Create a college savings plan. Your greatest asset is time. The sooner you start saving…

Federal Student Loan Default Rates: What You Need to Know

It’s no secret this is a tough economy for recent college graduates. Jobs are scarce and tuition costs are high. In fact, according to the Department of Education (ED) federal student loan default rates climbed to 8.8 percent in 2009, the most recent year for which data is available. This marks the fourth year in…

Is Your Student a Junior in High School? Start to Plan Your College Funding Now

Have you started planning for college yet? It might seem early to have a college funding plan in place if your daughter or son is only 15 or 16, especially as feels like college is 2 years away, but the time to start is actually when your student is a Junior. The FAFSA (Free Application…

October 2011: Getting the Best Financial Aid Package

Greetings! I’m excited to introduce my brand new e-newsletter! I’ll be sending it out monthly to share helpful information and tips about the college planning process. I hope you find it useful and pass it on to your friends. Our first public workshop of the fall is just a week away, so make sure to…