Well, school is back in session which means that I have a lot of advisors contacting me about helping their clients and prospective clients with EFC calculations in preparation for filling out the FAFSA next month. While our members have access to Answers4College Blueprint software there are still a few CCFS members that do not want to start a full case in the A4C Blueprint and just want to keep it simple. If you are one of those types of guys, then our simple EFC calculator is perfect for the ....
Read More
If you need financial aid to help you pay for college, you must complete the Free Application for Federal Student Aid (FAFSA®) form. The 2018–19 FAFSA form will be available on Oct. 1, 2017. You should fill it out as soon as possible on the official government site, fafsa.gov. It’ll be easier to complete the FAFSA form if you gather what you need ahead of time. Below is what you’ll need to fill it out. 1. Your FSA ID* An FSA ID is a username and password that you can use to log ....
Read More
Today, U.S. Secretary of Education Betsy DeVos announced a stronger approach to how Federal Student Aid (FSA) enforces compliance by institutions participating in the Federal student aid programs by creating stronger consumer protections for students, parents, and borrowers against "bad actors." FSA is an office within the U.S. Department of Education. "Protecting students has always been my top priority," said Secretary DeVos. "This new approach will enhance our efforts on our oversi....
Read More
Contrary to belief, college financial planning is not all 529 plans. Many 40 and 50-year-olds DO have money and will have more money as they age. Many are HENRYs (High Earners, Not Rich Yet). You can sell annuities to clients with high school students who want to pay for college with grant and scholarship aid; and cash value life insurance to younger clients with elementary and middle school students who want to save for college, without wrapping themselves up in the 529 quagmires. Robo advisor....
Read More