Sunday, August 24, 2014

Looking into Solutions for College Funding? Basics of the 529 Plan

"However, the named beneficiary isn’t the only one who can take advantage of what’s been saved up in his 529 plan. If your child who is the beneficiary chooses not to go to college, the account owner, or you, the parent, can change to any immediate family member who will go to college, or even to descendants of the named beneficiary. Firms like The Studemont Group College Funding Solutions, LLC, with their founder John McDonough, can help you find the best college funding solutions just suited to your needs. Be sure to ask your consultant as many questions as you can about the possibility of getting started on a 529 college plan."

Friday, August 22, 2014

Tips on Reducing your EFC for more Efficient College Funding Services

"It’s never too early or too late to find ways to get financial help for your children’s education, especially as they step into college. If you want to get a good deal on reliable college funding services, you should make it a point to identify your expected family contribution or EFC which is based on your need for aid as specified in your Free Application for Federal Student Aid or FAFSA form. What is EFC? When you file your FAFSA, the government will assess your status based on your income, assets and other financial information, after which you will receive a Student Aid Report or SAR. This will contain not only a summary of the information you’ve submitted, but also the amount of your EFC, which is basically what the government expects you to be paying for college education costs."

Wednesday, August 20, 2014

In a Bind? Ways to Quickly Find Opportunities to get Money for College

"Free Money Don’t lose hope that you can somehow find grants and scholarships for your kids, even when you only have a short time to look. Many college-funding solutions companies like The Studemont Group College Funding Solutions, LLC, through their founder John McDonough, can help parents in need find free money for college education. Education is something that should never be taken for granted. If you can look beyond the financial hardship that will challenge you throughout your children’s college education, you might just see how opportunities to overcome exist at every corner, and that you and your children can look forward to a future filled with hope and promise."

Monday, August 18, 2014

College Financial Planning—One Error in Aid Application Can Be Ruinous

"When it comes to a complete, timely, and error-free submission, there’s no better alternative than having a college financial planning expert take care of this important application for you. As the news article proves, even a tiny error can dramatically affect your chances of getting financial aid. And it’s not only just about filling out application forms correctly—it’s also about making sure you provide the right information and that you don’t disclose information you don’t have to. A college funding professional, such as John McDonough of the Studemont Group College Funding Solutions, LLC, can help ensure that what you submit will get you the best financial aid package you can get and provide you with a sound financial planning for college that your child needs."

Saturday, August 16, 2014

College Funding Specialists: Finding the Right Career for Your Child

"Financing a college education is something that both parent and child must be concerned about. With the price of education in the nation’s top universities at an all-time high, getting into the preferred college has become an impossibility for a lot of people. Unfortunately, there is no magic wand that can make thousands of dollars magically appear in front of you—college funding success requires the careful crafting and implementation of a sound educational and financial plan. The good news is, there are knowledgeable college funding advisors that can introduce you to a number of strategies that address your specific situation."

Thursday, August 14, 2014

College Financial Advisors: Financial Aid for Kids of Single Parents

"As a single parent, the financial burden you face can be too overwhelming. With the financial aid provided by a scholarship, you may afford to send your child to college without having the opportunity adversely affect your personal funds. The scholarships above are only four of many that are specifically designed to fulfill a single parent’s goal of putting their kids through college. There are plenty of other scholarships provided by your state and local government, other institutions or agencies from the private and public sectors, and nonprofit organizations. The need for a college financial advisor Consulting with college financial advisors, such as John McDonough of Studemont Group College Funding Solutions, LLC, is a must if you want to know how to maximize financial aid opportunities around you, and minimize your out-of-pocket expenses. Apart from helping you select the right scholarship, these advisors can also help you identify the right college, fill out and submit for