Blog Post

CIT response to college admissions scandal

With the college admissions scandal all over the news, we wanted to respond as members of the vast majority of the college counseling world that work with families honestly and ethically. It’s incredibly upsetting that people would manipulate the college admission system in this way, and every industry seems to have a very small number…

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Insider tips for the week of Feb. 11, 2019

The 3 secrets to getting into your dream school – How do you get into a school like MIT? Chris Peterson, assistant director of admissions, shares a wonderful perspective from the college side. Please share this important read with your child and thank you to Kevin McMullin of CollegeWise for highlighting his advice.   Straight…

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Insider tips for the week of Jan. 7, 2019

The secret to finding what colleges want – NerdWallet’s Liz Weston explains that schools telegraph what they want in applicants in the form of data that is available online to anyone. Take a minute to scan her advice.   10 things college rankings won’t tell you – Although we all love lists to help us…

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Beware – Retirement savings rollover issue on FAFSA

There is a FAFSA issue that has been tripping up families with qualified retirement savings rollovers that can result in wildly inflated EFC’s (expected family contributions), thus reducing the amount of financial aid they qualify for. Retirement savings moved from one qualified retirement plan to another qualified plan should not be reported as untaxed income…

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Why is my EFC going up?

Talk about a double whammy! Despite the rising cost of college, families are at the same time seeing an increase in their EFC (expected family contribution), which is what they are expected to contribute before any financial aid kicks in. In other words, a family with the exact same income and assets today as one…

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Insider tips for the week of Nov. 26, 2018

5 tips to pay less for college – A great read worth a couple minutes from Jeanmarie Keller. I especially like #4 – build your list of colleges based on your situation and the college’s financial aid policies. Just because you need financial aid doesn’t mean the college has to give it to you.  …

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Insider tips for grandparents

CIT’s Chris Wills was a featured guest on the Accredited Investors Wealth Management WiseLife Speaker Series. Chis Wills joined Accredited’s Jeremy Heckman and discussed all aspects of the education planning journey, examining not only the current details of college planning – including myths about financial aid and insights into cost reduction tactics – but also…

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Top strategies to help grandchildren with college

With the holiday season approaching, there is a terrific way grandparents may want to consider spoiling their grandchildren. Today’s retirees have accumulated wealth at unprecedented levels and combined with the rising cost of college, many now are taking advantage of an opportunity to provide a legacy of education to their grandchildren. However, without understanding the proper…

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Insider tips for the week of Oct. 22, 2018

5 things parents need to know about prepping for the SAT or ACT – Grown and Flown has a helpful article covering both what you should know about standardized tests and how to find the best test prep for your child.   Don’t miss – Deadlines for merit aid may be earlier! – Many families…

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Tips on the 6 trickiest FAFSA questions

The FAFSA is a quintessential government form, meaning it isn’t always as easy to understand as it should be. And with over 100 questions to navigate, far too many families make mistakes that are unnecessarily costing them money. Money Magazine compiled the following tips on how to tackle the 6 trickiest questions:   Questions 24…

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