Preparing for the ACT and SAT is an important part of the college prep process. Not only do these tests play a role in college acceptance, they are also a significant factor in winning scholarships.
Determining a family’s need when looking at college costs, can be a tricky task because different colleges come at the problem in different ways. Each of the 3 different methodologies could save thousands of dollars depending on a family’s financial situation, but understanding which formula your targeted colleges use and how each works is key to finding those savings.
The Secretary of Education is the Chief Operating Officer of the US Department of Education. As our title mentions, we are not talking about little numbers for this COO. We’re talking about $127 billion budget annually!
How to cut the cost college for families is based on your family’s situation. Business owners have special opportunities available to them through tax strategies. We want to demonstrate how families sometimes need to think outside the box to realize the most savings and utilize their own student’s tax capacity.
Higher income families that attend the high school financial aid night often walk away with nothing but frustration and feeling like it was a waste of time. The reality is that high-income earners and many business owners will probably not be eligible for financial aid when their child is ready for college. Here is the good news, once you know that you are not going to receive need-based aid you can shift your focus to other strategies to cut your college cost.
The reality today is not all marriages last forever. When a marriage results in children and those children grow up to be college-bound students, you need to know how your divorce impacts your college cost bottom line. The good news is the financial aid system can work to your benefit if you know how it all works!
Starting this fall, students will be able to file the famously complex Free Application for Federal Student Aid (FAFSA) months earlier using older tax data. This year for the first time the FAFSA will open in October instead of January as it has in the past. What does this mean for you?
Last year at this time, we were writing about the record high average ACT scores for incoming Ohio State freshmen (28.9 in 2015). Guess what…the newest OSU class of freshmen has surpassed that record yet AGAIN. What’s the new number? 29.2!
Student loan debt! 38 million Americans have student loan debt! Federal student loans may have to be a part of your college funding plan. (Or maybe you are struggling with your own loans.) You need to know your repayment options. These plans can be confusing so grab your coffee and read.
Capstone is honored this week to be presenting a guest blog from our friend Wendy Nelson author of the website MyKidsCollegeChoice.com. In this post, she tells her story of how she developed a list of full-ride scholarship universities as a result of her family’s personal college search, and how she has shared what she learned with parents everywhere.
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Capstone Wealth Partners is a fee-only independent Registered Investment Advisor in Columbus, Ohio. We are financial planners for college-bound families.
The Capstone Blog offers up our best ideas on how to save and pay for college, all while staying on track for a confident retirement.
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