Financing College
College Inside Track Alumni Newsletter – Fall 2020
When you get the text “I don’t feel well…” – Scott Sager writes about the challenging moment parents of college students face of not being right around the corner anymore when your son or daughter is sick. Check out his 5 suggestions in the moment and 4 recommendations for the next time your student…
Read MoreInsider Tips for the week of May 4, 2020
3 new paying for college strategies in the COVID-19 world – COVID-19 has massively disrupted the college planning process, which has created new opportunities for families to potentially reduce their cost. Check out 3 new college financial planning strategies to consider (as always, please consult with a financial professional to determine if any are…
Read MorePaying for college – 3 new strategies
COVID-19 has massively disrupted the college planning and paying for college process, which has created new opportunities for families to potentially reduce their cost. Here are three new college financial planning strategies to consider (as always, please consult with a financial professional to determine if any are a fit): Take advantage of low…
Read MoreFederal Student Loan Payments Suspended Through Sept. 30
In the wake of the COVID-19 pandemic, the government has suspended all federal student loan payments through September 30, 2020. Here’s what you need to know: No interest will accrue on your federal student loans through Sept. 30, 2020. Your federal student loan balance doesn’t change unless you make payments, meaning…
Read MoreInsider tips financial aid tips for the week of January 13, 2020
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 More2 valuable college planning changes in the SECURE Act
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