We have to warn you. The competition for your student is fierce. Many parents already know what we’re talking about. When your student reaches high school (often after they register
As we step into the new year, we wanted to bring to your attention a significant change in the Free Application for Federal Student Aid (FAFSA) timeline. This year, the
Summer time, a great time for reading a book and going to the pool, is also a great time for families to work college visits into their summer travel plans. Colleges plan special visit days over the summer to show off their best sides with tours of their beautiful campuses, dining halls, and recreation facilities. And while many questions will occur to you about dorms, dining halls, academics, and student life, we wanted to share some questions from a financial perspective you’ll want to have answered.
With college being one of the most rapidly-increasing expenses in modern America, it can be pretty daunting to look at the financial planning needed. Even affluent families have plenty of preparation to do before the kids go off to college. The pressures may be less acute but you’ll still need to plan carefully when preparing a budget for college. Let’s take a quick look at some of the core budgeting principles for you to keep in mind while you draw up a plan.
If you are the parent of a teenager, you have a very specific idea of what “cash flow” means. The cash flows IN to you and back OUT again into their eager hands or paying for their expenses—food, clothing, fun, etc. Maybe you were hoping to not have as much “flowing” every month once your teenager has left home for college?
In Ohio alone, there are 1,807,500 student loan borrowers owing approximately $62+ billion in debt. The average borrower owes $34,721. These numbers don’t lie – it’s clear that paying for
Every year, students work very hard to apply for and receive scholarships from private sources like rotary, civic, and religious groups, to name a few. These private scholarships are outside
In the world of college finances, terms get thrown around a lot, and those of us who work with them every day often take for granted everyone will know what they mean. However, as you may well know, parents who are just getting their feet wet in the college jargon could use a little help. Knowing the lingo is one of your first steps in being an informed customer…College Financial Terminology 101!
Let’s say you’ve figured out what you’ll have to pay. Is there wiggle room for negotiating? Can you go back to a college and ask for more money?
With the price tag of a college education reaching higher levels every year, students will have a very hard time shouldering the entire cost burden all by themselves–unlike 30 years
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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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