College Planning

The FAFSA Process

The FAFSA process discounts the income and assets of students differently than the income and assets of parents in order to calculate the family contribution (EFC) amount. Understanding these components is important to maximizing the financial aid package. The Government-sponsored financial aid programs are summarized in our blog “Types of Financial Aid.” Need-based Federal aid […]

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College Costs and University Endowment Model

Today’s cost of tuition at a public institution of higher education is (on average) $10K a year and is increasing at twice the normal inflation rate. Sending two children to college is quarter of a million dollars expense in today’s costs. Interestingly, rich state and private University endowment funds help subsidize tuition costs. Planning for

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