How do we help with College and Financial Aid Planning

College selection and admission is a dream of many students in a wide range of financial positions. My firm facilitates the process by finding creative college planning methods to get more financial aid. Higher education becomes more expensive every year, and the selection processes become more competitive. My unique combination of admission strategy assistance and financial guidance allows more students to get into the colleges they desire. Let me help you reduce education costs, find the best value possible and alleviate the stress and struggle of the college admissions process.

The first step is to create a targeted list of about a dozen colleges and universities that are appropriate for the student. Next, I collect strategies that can help reduce overall costs. These might include stock sales, if the family has any investments. Stocks can be given to the minor student in order to reduce the tax burden when they are sold.

Self-employed parents can take advantage of several tax breaks in order to find money to improve their financial position before paying for college. For example, they may use certain tax codes with the help of a qualified CPA to legally employ their child. This can give them up to $5,000 per year in return. Reducing taxable income can greatly help the student afford college more easily.

Colleges determine financial aid and scholarship amounts based on the income of the family at the time of admissions. If income can be reduced for the year when the student applies, it may result in long-term savings. Families that make over $250,000 will not receive financial aid through the normal channels such as FASFA. With my expert help, they can still shave $20-25,000 from their child’s college tuition.

I recently assisted a family with a high income whose daughter wanted to attend an expensive private university in California. First, I compiled a list of quality colleges that offered reduced tuition or financial aid based on her good grades and SAT scores. Since private universities in California frequently cost $50-55,000 per year in tuition, the family needed ways to reduce this cost and avoid long-term student loan payments. My expert strategies helped her apply at the right time and in the right manner, and also to take advantage of all available scholarships and grants. The yearly tuition bill was lowered by $20,000. This bright young student would get a private university education for less than some public colleges.

As college costs skyrocket and more families find paying for their child’s schooling a burden, I am pleased to serve this niche of people who want to save money without sacrificing a quality education. With careful college planning, financial situations can be overcome in order to deliver the best and most affordable experience possible.

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