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So what is College funding? Simply put, it is a unique model of college planning with one goal in mind: Taking full control and paying for college with as little out-of-pocket expense as possible. Did you know that there are non – assessable assets and there are assessable assets as it relates to the financial aid formulas? The process of college funding not only involves knowing when and which assets are safe, but arranging assets and personal situation in such a way that permits a family to legally receive the most financial aid from both the government and institutions based mostly on the financial aid formulas.
What College Funding is not? College funding is not a loan entity sponsoring financial aid programs in hopes that when you take out your student loans, you’ll borrow from them. Nor is college funding a grant and/or scholarship search kit promising to match families with all sorts of private scholarships and “free money” for college. You should watch out for “fly-by overnight” individuals or startups taking this approach to college funding. As a matter of fact, in the event that you do come across such a company or individual promising “free money” for college, you should report them to one of the following: Federal Trade Commission www.ftc.gov or the National Fraud Information Center www.fraud.org.
Collegiate Financial provides solutions that resolves preliminary and future measures that every family “must do” to properly go through the admissions, financial aid, and college funding process efficiently and successfully.
This is college funding. It entails looking at a distinctive financial situation to determine the smartest ways to both minimize and pay for your out-of-pocket college expenses.
For information on Federal grants, loans, and special topics, be sure to review the Financial Aid 101 and Financial Aid 201 guides to college funding.
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