Paying for College
Full pay as a college strategy
While many families are looking for ways to reduce the cost of college, a new strategy has emerged that actually seeks to pay the full amount for college. The ability to pay the full sticker price can make families more attractive to schools, and thus increase their chances of getting accepted. According to…
Read MoreFinancial Strategies to Pay for College
Financial Strategies to Pay for College– In this webinar, CIT Education and Partnerships pro Cozy Wittman discusses how to create a strategy for paying for college and effectively surface the topic of the college budget with your child. aid. A must-see webinar!
Read MoreCozy Wittman Q and A: The College Search Junior Year: Strategies Related to Debt
Do you have a high school junior in the house? Now is the time to nail down a concrete strategy related to college debt and the college search. CIT’s Cozy Wittman lays out the steps to an effective debt strategy and suggests a strong benchmark for debt. Why is junior year especially vital for families…
Read MoreHeidi King shares “Major New College Planning Strategies” at the North Alabama FPA 2023 Symposium
Heidi King, Education and Partnerships at College Inside Track, discussed “Major New College Planning Strategies” to a group of over 100 advisors at the North Alabama FPA 2023 Symposium at The Harbor Center in Birmingham, AL. Advisors benefited from new information that is unfolding as a result of legislative changes from both Secure Acts. These…
Read MoreFAFSA delayed
The FAFSA form for students entering or attending college in Fall 2024 would normally open on Oct. 1, but has been delayed until sometime in December due to the significant new changes being implemented. The Department of Education needs more time to update the application and the various calculations related to the updates. This also…
Read MoreCozy Wittman Shares ROI of College at 2023 FPA National Conference
With the price of college continuing to climb, many are asking if it still makes sense to send kids to college! Cozy Wittman, Education and Partnerships, addressed that issue (including a specific discussion of the Ivies) at the 2023 FPA National Conference in Phoenix. She also addressed some of the big changes in the college landscape. She ran…
Read MoreJay Benanav Q&A: Imminent Financial Aid Tasks & the 2023-2024 FA Landscape
Q: Jay, what is new and reportable in the 2023-2024 financial aid landscape? What have we learned in the last application cycle? The later you complete and submit your forms, the longer you wait to get your financial aid award. Schools are expecting them much earlier than they used to. If a school requires the…
Read More5 things most families don’t know about before taking out student loans, but should
1 $31,000 is the maximum amount dependent undergrad students can borrow in federal direct student loans. Annual limits are: $5,500 in year 1 $6,500 in year 2 and $7,500 each subsequent year until the $31,000 overall limit is reached 2 You must complete the FAFSA to access the Federal Direct Student Loans and the Parent…
Read More4 guidelines for taking on student loan debt
Identify the average starting salary for the field the student is planning to go into, and the family should not have any more than that number in total education loans. Considering a school that would leave you with $35,000 debt for an undergraduate electrical engineering degree? That would pass the test for an acceptable amount…
Read More3 ways families can lose financial aid
As if it isn’t hard enough to finance college, many families overlook the strings attached to maintain and not lose the financial aid they received freshman year. It’s easy to see how this happens. Families are grateful for any financial aid they get and simply assume it will be the same every year. But there…
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