Q: What does
A: National College Funding Strategies offers educational workshops and consultation services to the parents of college bound students which provides strategies in reducing the high costs of college. We also help families with younger children to reach their college savings goals so their children can afford to go to the college of their choice. Our Certified College Planning Specialists are educated in the specific area of college financial aid planning and college savings.
Q: Shouldn't I just save for college in a regular savings account, the stock market or a 529 plan?
A: NO. You need to know that WHERE you save for college is as important as HOW MUCH you save for college. If you save in the wrong place, you may cost yourself thousands of dollars in Financial Aid. You may also have too much of your savings at risk. A Certified College Planning Specialist knows how your savings will affect future Financial Aid possibilities, as well as making sure your money is SAFE.
Q: How can a family reduce their out of pocket expenses?
A: Each family situation is different but with advance planning and financial strategies the average family can save $10K a year by qualifying for more financial aid or with tax savings! With the average cost of college ranging from $20K-$40K per year and increasing higher than the rate of inflation you can see that college is more expensive than ever.
Q: What is financial aid?
A: That is the amount of money a family is eligible for in a variety of sources including, grants (free money), loans, work study, etc. It is based on a federal methodology calculation from the FAFSA (Free application for Federal Student Aid).
Q: Isn’t financial
aid only for low income families?
A: Not at all! 90% of all students now qualify for some form of financial aid because the cost of college is so high. The cost of college is not just tuition but also room and board and living expenses.
Q: Why should a parent contact
A:
