Articles Tagged ‘college advice’

College Finance 101
Monday, May 11th, 2009

Okay, your child has been accepted into several colleges and has likely made a decision by this point on what college they will attend - so what next? You now need to help your child learn about how to manage a banking account as well as credit cards. That means both parents and students need to approach the college financial scene with unprecedented caution. Here are several things you should focus on as soon as possible: Start managing credit and debit cards before school starts: The time to start managing credit and bank accounts isn’t freshman year. While a...

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Near Term Planning for the First Year of College
Friday, March 6th, 2009

Many families have done a good job at planning for their child’s college education, but the recent credit crunch and investment downturn will likely affect even the best plans. Also, if you were depending on financial aid or loans, that also is strewn with potential land mines. Here are three things you need to consider over the near-term: 1) Financial aid shortfalls: As we all know the cost of college has continued to increase, and colleges have not been able to offer enough funding through the variety of aid programs that include: Perkins, Stafford and Plus federal education loans, and private...

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