Articles

Posted on May 6th, 2009

My youngest daughter is a money magnet. Whenever we go out, she finds money.

Sometimes it’s a penny. Sometimes a dime. Sometimes a quarter. It doesn’t matter – money always finds her and she picks it up.

There is no amount of money that is not worth bending over and picking up. And when she picks it up, she shouts…

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Posted on Apr 16th, 2009

How many applications does a typical high school senior file for admission to college? The American
College Freshman Study, conducted annually by the Higher Education Research Institute at UCLA
and released in January, offers some insights into this question:

Number of admission applications Percent of current freshman

1 15.4%
2 10.8%
3 13.7%
4 15.6%

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Posted on Apr 4th, 2009

Do your homework first when picking a college planning specialist.

Talk to parents of students that just graduated from college. Who did they work with when they were figuring out how they were going to pay of college? Talk to your friends. What are they planning on doing to pay for college? Talk to your family.

Get some…

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Posted on Apr 3rd, 2009

If you find yourself in need of financial aid, there are four things you need to know in order to determine your chances of receiving aid.

1. Federal methodology versus Institutional Methodology
2. Student Profile
3. % of Need Filled
4. Typical Financial Package

I work in this area everyday and these are the most important factors…

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Posted on Mar 28th, 2009

American families are not saving enough for college expenses, but one solution could be the 529 Plan that provides tax breaks for college savings.

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Posted on Mar 28th, 2009

With the number of college applications rising every year, parents and students should know the application process and make informed choices.

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Posted on Mar 7th, 2009

Ok! Winter has officially arrived and now the holiday season is over. I checked my calendar and can’t believe that there are just 2 weeks left until most financial aid forms are due! And that means there is no time to start financial aid planning.

Instead, here’s a list of what parents of college-bound seniors need to do RIGHT AWAY…

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Posted on Mar 6th, 2009

Most Young Adults Aren’t … And They Could Pay A Painful Price.

Provided by Felicia Gopaul

How bad is financial illiteracy today? So bad that your adult children may be at risk of making some serious financial mistakes. Recent surveys have shown that many young adults are not only wayward financially, but also pessimistic about ever becoming wealthy.
Young…

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Posted on Mar 6th, 2009

Why and when should you plan for your child’s higher education?

Provided by Felicia Gopaul

Remember when a college education was reasonably priced? Those days are gone, and that’s why college planning is so important. Between 2001 and 2006, the average tuition and fees at four-year public colleges and universities increased by 35%. The average tuition for private colleges…

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Posted on Mar 3rd, 2009

“What does college funding mean to you?” I asked a parent.

The answer I got back surprised me. This parent told me – scholarships and grants.

I realized that in that answer, there was a serious disconnect between what I mean when I say “college funding” and what parents think of when I say college funding.

College funding means for…

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