EFC PLUS will become Pay For ED sometime in May. We are excited about the new logo and website that we will be launching. With this new launch, we will be improving the existing solutions and adding two new tools to help parents and students make better college financial decisions. Our company mission is to prevent and solve the student loan crisis.
By early summer, Pay For ED will have the first comprehensive suite of tools that will take a family from saving for college to student loan repayment. These solutions evolve with the student at the various college funding decision points. Our innovative approach generates a custom financial outcome for students and helps them envision their financial future. It provides parents a platform to engage the student in the economic aspects of the decision while keeping their financial information secure.
Each program will include:
- Our easy to use software
- Customized cash flow and debt structure analysis
- Video help on each screen
- Video Coaching in the more complex areas
- Timely webinars
- A private Facebook community
As most of know, the college funding process has become very complicated. For parents, it may be the most expensive and important decision that they will make with their child. In addition to the software, we are building a community of like-minded financial professionals that will be listed on the site. They will have the College Funding and Student Loan Advisor (CFSLA) designation. The CFSLA designation is a listed on FINRA.
The financial professional will need to complete a 12 CFP CE approved training program. The program covers the entire educational funding and student loan repayment process. Also, additional hours of financial education are required and most important they will need to act as a fiduciary. The fiduciary standard has been debated among the financial service industry for the past few years. It is simple for us. If the advisor is not going to act in the client’s best interest, then we do not want them representing our methods.
We are excited about the new look and information that we will be delivering to the marketplace. Join us in solving the crisis that is affecting over 44 million Americans. Please add Fred@PayForED.com to your mailbox, so our new messages are not blocked. We will send you a note once we launch the new site and tools.