Tips for Parents

Three Tips for Funding Your Child’s College Tuition

Three Tips for Funding Your Child’s College Tuition

Financial aid, student loans, and scholarships all account for part of a student’s time in college, but much of the burden falls on parents. How can you make smart decisions while trying to fund your child’s tuition fees? Here are three important reminders. Have an emergency account – Set up a savings account just for […]

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When You Earn Too Much to Get Financial Aid for College

When You Earn Too Much to Get Financial Aid for College

For a family of four in the United States, you may be considered to be on the high end of middle class if you earn between $50,000 and $100,000. But you may not feel like you’re on the high end of things if you have a big mortgage payment, and you have two kids in

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Understanding “Need-Based” Financial Aid Formulas

Understanding “Need-Based” Financial Aid Formulas

No one pays full price for college. It’s not a rule, but between aid-based and non-aid-based funding sources, everybody should get something. Today, we’re going to tackle a complicated subject as simply as possible, how your family’s financial need is calculated. The Financial Aid Formula The basic formula for need-based financial aid looks like this:

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The Help You Need When Applying for Financial Aid

The Help You Need When Applying for Financial Aid

Do you need assistance in applying for financial aid so that you can afford to attend the college of your choice? If you are looking for help in understanding the process and the forms involved, you’ve come to the right place. College Planning Source is proud to help students in Southern California to navigate the

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How New Tax Laws Will Affect College Funding

How New Tax Laws Will Affect College Funding

If you are trying to put your children through college, you have a huge expense to think about. The new tax laws may affect how you choose to fund your child’s university education. Here are three of the ways that new federal laws are affecting college funding. #1 You Can’t Deduct the Interest Anymore This

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6 Things Parents Are Doing to Fund the College Education of Their Children

6 Things Parents Are Doing to Fund the College Education of Their Children

For a decade now, Sallie Mae has been releasing an annual report that shows how American families are covering the skyrocketing cost of tuition in the US. The latest report from 2017 reveals six ways that parents are funding (or not funding) college for their children. What you find may surprise you regarding the percentage

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College Funding Options for Families

College Funding Options for Families

According to a study that was published in March 2014, 71% of four-year college graduates had debt due to student loans. Some of that is on top of loans that parents took out, perhaps even remortgaging the family home. Is there a better way for your family to fund college? Here are a few tips.

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What to Look for Outside of the College Ranking Systems

What to Look for Outside of the College Ranking Systems

College is expensive! Costs are up more than 1100% over the last 30 years. It is no wonder you want your kids to go to the best school possible. You want the best value for your money. But are college ranking systems the only way to determine which schools your child should be applying to?

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Why You Should Begin Your College Funding Today

Why You Should Begin Your College Funding Today

College is expensive! But we didn’t have to tell you that if you are a student or a parent of a student. Why should you start your college funding as soon as possible? Here are a few solid reasons not to wait another day. Tuition is up 559% – Just based on figures between 1985

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The Skyrocketing Growth of Tuition at National Universities

The Skyrocketing Growth of Tuition at National Universities

These aren’t your parents’ college tuition costs. Yes, if you were fortunate enough to have parents who could afford to put you through college, they may literally have paid less than half of what it will cost you to send your kids through school. We’re about to take a closer look at the rising costs

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