2016-17 Cal Grant Income and Asset Ceilings Here are the 2016-17 Cal Grant income and asset ceilings. The Cal Grant is income, asset and GPA based. Check the respective family size. The income includes taxable (adjusted gross income) and non-taxable income (i.e. pre-tax contributions towards retirement accounts). Common Mistake: parents assume it’s just their taxable […]
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Advanced Placement (AP) classes are classes students can take while in high school that can earn them college credit before they even step foot on a college campus. AP courses are a phenomenal way for high school students (and their parents) to get a jump on college and save an enormous amount of money in
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Part 2 With each college application your high school senior fills out, you are filled with simultaneous joy and anxiety. Your child is ready to spread her wings and fly. But the question that’s weighing you down is how you’ll pay for it. In our last post, we talked about determining your expected family contribution—EFC.
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Part 1: The Formula More than half the parents who just sent their kids off for their freshmen year of college needed to supplement their contribution with financial aid. Rapidly rising tuition costs were just one factor that rendered carefully monitored savings accounts insufficient. Luckily, it’s not as difficult as you think for your kid
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You’ve been saving for your kid’s college education for years. An account is sitting at the ready waiting for that acceptance letter to arrive. Everything seems in order. But did you consider that tuition has risen nearly 80% in the last 10 years? Did you include funds for your eager student’s housing, books, clothes, or
Think You’ve Got College Costs Covered? Think Again. Read More »
