College savings cheat sheet – Financial aid guru Mark Kantrowitz shares some tremendous advice with Katie Couric on how parents can best approach the financial aspect of college. Among my favorites: Parents overestimate eligibility for merit aid, underestimate eligibility for need-based aid, and aren’t aware that most colleges meet financial need with loans, not…

Read More

  The Setting Every Community Up for Retirement (SECURE) Act signed into law at the end of 2019 includes two significant college planning changes that families need to know about.   529 Plans can now be used to repay student loans Previously, 529 Plans could be used for qualified college expenses and $10,000 annually of…

Read More

Need-to-know financial aid info – Mycollegeguide.org has a handy summary of everything your family needs to know about financial aid. Insightful questions for an admission officer  – It’s hard to make the decision of what college to attend. Use this helpful list of questions from Road2College to ask the admission office at each of the…

Read More

So much energy and attention gets placed on the process of applying to colleges, that families often aren’t sure what to do once they have been accepted. And many are certainly unprepared for the intensity of the courtship that is about to ensue. Here is what every family should know heading into this stage of…

Read More

1 Choose a college that is a fit academically, socially AND financially. And a financial fit inherently means that neither the student nor the parents are over-borrowing (see #2). 2 Borrow an amount no greater than the average first-year salary in your chosen field. If total student loan debt is less than your starting salary,…

Read More

Student Loans from A to Z – Trying to figure out the borrowing side of college? Road2College.com has a nice summary of student loans and pros and cons of each type. One important message: Students should always max out federal loans before looking into private loans, but you must fill out the FAFSA to qualify…

Read More

Are you a guilted parent? – Saying no to our kids is hard, especially when it has to do with their education and future. Lynn O’Shaughnessy writes an important article on parents feeling guilted to pay for a college their teenager wants, but they may not be able to afford. 6 questions that should be…

Read More

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 and…

Read More

College Inside Track’s Cozy Wittman was the featured guest on Wealth Enhancement Group’s webinar “Your College Savings Game Plan,” discussing steps you can take now to make college cost effective. Click the button below to download and listen to the webinar.

Read More