College nowadays is an expensive undertaking; depending on your child’s choice of college, you may end up paying hundreds of thousands of dollars. You won’t even be able to depend on the college fund that you saved up, since increasing fees mean the fund might not even be enough to cover the customary four years. This is why you and your child should consult expert college financial advisors to help you both with paying for college.
Experienced college planning advisors will help you focus on the main source of a lot of financial aid: the Free Application for Federal Student Aid (FAFSA) Program. Groups like The Studemont Group College Funding Solutions, LLC can help ensure that your application for FAFSA will be approved and you can get as much financial aid as possible.
The cycle of graduations in a few weeks’ time can make parents shake with excitement and fear, especially if their child made it through the SATs and got accepted at a reputable university. Some experts claim that a private college will cost $30,000 a year on average, plus other expenses. You need the wisdom of expert college funding advisors such as Studemont Group College Funding Solutions to get you through.
It is important to keep all options open, particularly if your child applied to many schools and nearly all of them responded favorably. Take note, though, that some schools require freshmen to find on-campus accommodations with meal plans thrown in, but the overall cost for lodging may be lower if your child will have roommates. Coogan cited UCLA’s residence halls that cost over $16,200 a year for solo living.