College costs are not getting any cheaper and the rising amount of student debt is still a concern among many. This is why families with children who are bound for college should get help from providers of reliable college funding services like The Studemont Group College Funding Solutions, LLC and apply for the Free Application for Federal Student Aid (FAFSA) to get them the best chance for financial help.
Tuition fees are still rising, and according to The College Board, “the average 2014-2015 tuition increase was 3.7 percent at private colleges and 2.9 percent at public universities.” This is why it has become more important and worth it to apply for the FAFSA—and this goes for families from all income brackets.
While tertiary schooling in America looks grim, however, there is still hope in terms of financial aid. Local and university scholarships, as well as campus employment, peer-to-peer lending, and even crowdfunding have been hailed as potent sources for financial aid. Aside from these, there’s also the option of obtaining free money for college through federal Pell Grants, made easy through the help of firms like The Studemont Group College Funding Solutions and its advisors such as John McDonough.
A college education nowadays may be expensive, but that doesn’t mean it’s exclusive. With various methods of acquiring free college money, it’s still possible for students to get their dream degrees in the end.
As long as the college or university provides everything a student—healthy or with a preexisting condition—needs, location and cost should be secondary. For such items, there are qualified college financial planning consultants like John McDonough of the Studemont Group College Funding Solutions, LLC who can draw up a sound college plan, from finances to admission.
Whether or not to live an independent life come college is the call of the incoming freshman. Don’t let the stereotypes of college life affect your decision. Be prepared for the things to come the moment you step into a new chapter in your life. Proper financial planning for college goes a long way.
If the college or university you want hasn’t come with an offer for you, don’t fret. Professional college funding advisors like John McDonough can help you secure another way to get into the campus of your dreams. Sometimes, paying in full or applying for federal aid is better for the long run than a scholarship offer.
Not only does this tip apply to pre-pubescent kids but also anyone old enough to respond to his or her true calling. If your true calling is a shot at the NBA, then go for it; just don’t rush things. Know that you have a good college financial aid consultant like The Studemont Group College Funding Solutions, LLC to help out if you’re in a pre-collegiate pinch.
Nevertheless, many college financial advisors like John McDonough believe the flat-rate tuition system makes college planning a whole lot easier. With added transparency and flexibility, the beleaguered college student can plan more effectively without the risk of hidden costs. Financial aid or none, it’s a step in the right direction.
Before choosing a college, however, students should take time to assess their financial standing with the help of professional college planning advisors such as the Studemont Group College Funding Solutions, LLC. They gather information regarding a student’s finances and propose the best possible approach to getting a college degree.
It pays to know how the system works, especially when it comes to college funding solutions. So, you’ve filled out your FAFSA and maybe you’re wondering how a financial aid administrator will determine your if you are legible for financial aid based on the Expected Family Contribution. Learning how would help you better understand your options for financial aid and this is where turning to a financial advisor like John McDonough of The Studemont Group comes in.
Sending children to college is something parents both want and dread at the same time. Sure, your kids have a better chance of finding a career in the future, but the cost for higher education is something that can make you think about crippling debt. A typical college education is worth thousands and thousands of dollars and that is only for one child. Multiply that by the number of your children and you’ll find yourself in a pretty pickle. Thankfully, trusted advisors such as John McDonough of The Studemont Group have some college funding services can help your kids go to their dream schools without breaking the bank.