Wednesday, July 23, 2014
Sending your child to college is a necessary but expensive investment. Even if you do have the deep pockets to afford it, expect it to cost more than an average family can afford to pay without feeling the pinch. However, if your kid has the smarts, there are several effective solutions for college funding that you can turn to. Knowing the schools offering both the course of study and the best financial aid can be a factor in getting your child to select the college to go to. Basic financial aid for the most part, however, does not completely cover all the expenses associated with your child’s education. Often, you’ll need a bit of help. There are ways to maximize college funding solutions that college funding services like John McDonough’s Studemont Group College Funding Solutions, LLC can recommend.
Tuesday, July 22, 2014
Before you plunge in alone and explore your options, it would be wise to consult first with experienced college funding services like the Studemont Group College Funding Solutions, LLC, founded by its president, John McDonough. These services can help guide you through the perils of college funding so that you can procure the funds from the best sources available. Services to help people with college funding solutions can help in several ways: They can scout out the colleges that provide the best aid packages you’ll need. Most colleges offer various financial aid packages to students needing financial assistance. Some aids offer far more than others, but the challenge is to find one that responds to what you truly need.
Monday, July 21, 2014
Parents who are preparing to send their children to college resort to different ways to finance their kids’ education. But while loans and other related conventional financing schemes dominate the funding sources, other programs such as federal and state grants, offer beneficiaries better terms for the much-needed free money for college. A brief description of grant sources is detailed here by Liz Weston in her article on MSN Money: Grants are a much better deal than loans, of course, because you don’t have to pay the money back. Grant money, however, is usually based largely on need and is often parceled out on a first-come, first-served basis. As college costs skyrocket, it’s important to apply early for financial aid and be aware of any available grants that might help lower your college costs.
Sunday, July 20, 2014
Effective college financial planning is a pretty hard thing to accomplish these days for some parents in the U.S., mainly because the price tag for a good collegiate education is getting pricier. According to a report by US News’ Geoff Williams, American parents have to raise money to afford college with in-state public college tuition averaging at $8,893 during the 2013-2014 academic year. Williams also points out the heftier sums that parents have to pay when they decide to send their children to private schools, “You’ll have an even tougher time if you want to send your child to a private school. The average cost for tuition and fees at a private college during the last academic year was $30,094,“ said Williams.
Saturday, July 19, 2014
There are two types of people who might end up with a funding problem just before their kids start college: those who didn’t take inflation rates into consideration as they contribute annually to his savings account, and those who simply waited too long to start setting money aside. Whichever of the two you may be, don’t fret, there are still ways to get the funding you need just in time for junior to choose a college or university to enroll in. Hire the Pros Hire efficient college funding advisors like Mr. John McDonough of the Studemont Group College Funding Solutions, LLC, for help. The thing about getting professional aid is that you don’t have to employ trial-and-error methods for saving up anymore; you are pressed for time and these professionals will help you find financial aid solutions in the here and now. Do some research on dependable advisors before choosing and hiring one.
Friday, July 18, 2014
Few things are more important for most families than the education of their children. Unfortunately, knowledge rarely comes cheap these days, and many parents scramble for funding—from their own savings plus other private and government sources if they could tap into them, to afford college. This is why many reliable college financial advisors like The Studemont Group College Funding Solutions, LLC, through their president John McDonough, advise parents to start setting money aside early on and look in the right places for opportunities for financial aid.