Insider 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 a fit):

 

What does test-optional really mean? – The list of test-optional schools has expanded quite a bit recently, mostly because of the difficulties students are facing for test opportunities. However, all test-optional schools are not created equal. Take a few minutes to learn the differences and how the process impacts admittance into highly competitive programs or merit scholarships.

 

Saying no to my teenager’s fancy college dreams – Melody Warnick writes about the challenges as a parent of saying no to your child when they want a college you can’t afford. An important read for both parents and your students.

 

Three 529 Plan withdrawal mistakes – As you begin to consider actually having to pay for college, Joseph Hurley shares three common 529 Plan withdrawal mistakes to avoid that could otherwise result in you having to pay a penalty.