College is Expensive.
We understand that which is why we want to ensure you make the best choices so that you can pay with confidence and without unexpected costs.
“An investment in knowledge pays the best interest.“—Benjamin Franklin
Speak with Josh today for personalized guidance tailored to your unique situation. Whether you're struggling to manage your budget, looking to eliminate debt, or aiming to invest wisely, Josh can provide the expert insights and strategies you need to achieve your financial goals.
Speak with Josh today to discover how you can grow your wealth and achieve your long-term financial goals. Whether you're interested in building a robust investment portfolio, planning for retirement, or maximizing your earning potential, Josh can provide the personalized guidance and strategic insights you need to succeed.
When you cannot afford to cover the entire cost of college, applying for financial aid is the most common method of payment. Financial aid, which comes in the forms of grants, work-study programs, loans, and scholarships, can lower the cost of attending college or job training. These monies are provided by the federal government, your state, your school, as well as non-profit organizations and other private sources. It is worthwhile to submit the FAFSA when submitting an application for college because the majority of applicants are qualified for financial help from their preferred schools.
In addition to financial aid, you might want to think about creating a budget when you arrive to school, selecting a less expensive institution, or having a part-time work while on campus to help pay for college.
LEARN MORE: Tips to Lower the Costs of College (Before & During)
There are various alternative forms of financial aid you can look into if you don't want to take out a student loan. The first step is to fill out the FAFSA, which will make you eligible for financial aid to cover school expenses.
Scholarship applications can be a terrific method to get some merit-based money that doesn't have to be paid back. Ask your college or university's financial assistance office about school-specific or departmental scholarships in addition to frequently searching for and applying for scholarships. Other suggestions for reducing the expense of college include putting up a payment plan or obtaining part-time employment while on university.
LEARN MORE: Increase the Amount of Financial Aid You Receive Like This
To open a 529 plan, you'll need to decide whether you want to open a prepaid tuition plan or a college savings plan. Next, you'll need to choose a provider and which plan you want to open. Consider plan fees when deciding on a plan. You'll also need to choose a beneficiary and fund the account. Finally, if you've selected a savings plan, you'll need to choose your investments.
LEARN MORE: 529 Plan vs Coverdell ESA
Teenagers can begin saving for college by finding work and earning money, or by starting their own job by doing duties like babysitting, lawn care, or other services. Teenagers can put some of their earnings into a 529 savings plan or open a different savings account as they earn money. A simple strategy to save regularly is to set up an automated transfer.
LEARN MORE: What Accounts Can I Use To Save For College?
For college, the typical family saves $13,721, or nearly half of the total cost. Family payments differ according to income level, race, kind of school, and financial help. In addition to parent savings and investments, family members and even the student's contributions assist close the gap.
LEARN MORE: Why is College SO Expensive?
* Understand how much college ACTUALLY costs down to the penny
* Find the money colleges are offering and squeeze more financial aid out of big
institutions
* Discover how colleges and the government determine financial aid
* Get access to a software that can show you the exact costs you’re likely
to pay at each school (And whether you can afford it)