Scholarship reduction – The dirty little college secret

Would you ever consider a scenario where the scholarships your student won actually resulted in a scholarship reduction elsewhere? One of the students we work with, whom we’ll call Caitlyn, was a dream that every parent (and counselor) hopes for: kind, bright, studious and incredibly engaged in the college process. In addition to having nearly…

Read More

5 Nuggets of College Planning Wisdom

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

“When Should You Engage a College Admissions Consultant?” CIT’s Cozy Wittman with The College Financial Lady

CIT’s Cozy Wittman interview: “When Should You Engage A College Admissions Consultant?” When does starting early with a college admissions consultant make sense? For certain groups of students, in the land of college admissions the early bird most reliably catches the worm! An early start may be especially beneficial in terms of both ease of…

Read More

Congratulations to Sophia Behnke, Augustana College Class of ’26!

Congratulations to Sophia Behnke, Augustana College Class of ‘26! Augustana is a selective, private liberal arts college in Rock Island, Illinois. It sits on 115 hilly, wooded acres adjacent to the Mississippi River, and has a strong reputation for excellence in the creative arts.  Remember Sophia’s name, because with world enough and time Sophia one…

Read More

FAFSA change for small business owners

small business owner

  Add small business owners to the group of people impacted by the upcoming FAFSA changes for the 2023-24 school year. Currently, the value of any privately held business, including assets, with less than 100 employees does not need to be reported on the FAFSA as part of its small business exclusion. This includes a…

Read More

FAFSA 101 with CIT’s Cozy Wittman: The Weekly Wealth Podcast April 6

FAFSFA 101 with Cozy Wittman on The Weekly Wealth Podcast:  Listen Now! In this April 6 broadcast,  CIT’s Cozy Wittman speaks with David Chudyk on FAFSA-related topics. College planning, college selection, college funding, and even the decision TO go to college can impact the financial lives of students and parents for decades.  In this episode, Cozy…

Read More