Student Loan Default

Student Loan Default is one of the biggest mistakes a borrower can do once their repayment process begins.  The penalties are severe for both students and parents.  Depending on your loan structure this can be eliminated or minimized with some of the Income Based Repayment Plans available now.  It is a little more difficult for…

Financial Award Letter

What is a financial award letter and how do I analyze it?  Families will receive the financial award letter and it will tell a family how much financial support the school will give for the coming year. This is the results of going through the financial process of completing the forms and selecting certain college…

Paying Tuition

For most families paying tuition for college can be stressful and often confusing. Maximizing your college savings and lowering your tuition expenses requires a mixture of strategies. To properly pay for college families need to bring together the financial aid process, college saving plans, educational tax strategies, various financing options and a cash flow analysis.…

What is Financial Aid?

Getting the answers to the question what is financial aid can be difficult and confusing.  The college financial aid process is one of the most complicated financial decisions families will make in their life time.  To properly pay for college  a person needs to bring together the financial aid process, college savings plans, education tax strategies, and student loans.…

College Career Center

The college career center is one of the most important resources on a college campus but is often overlooked in the college visit.  It is also often under-utilized by many undergraduates in their early experiences at college.  Proper use of this hidden resource may prevent additional years of college.  The cost of changing majors or…

Expected Family Contribution

Expected Family Contribution or EFC is the resulting calculation of completing the FAFSA form or any college financial aid form. The financial aid form will generate a number that establishes your personal or family financial strength.  This number is then used to determine if you qualify for need based financial aid. If your EFC is…