If you earn between $80,000 and $225,000 and think that there’s no chance for financial assistance for your college bound children think again.
Last week I went to a great, informative, and free talk followed by a Q & A, “How to Choose the Best College for your Student and your Pocketbook.”
According to Kim Ketterman of Ketterman College Funding, LLC, there are many possible ways to offset the cost of college for those who think they may earn too much to qualify for any aid.
It seems it’s all about knowing how to play the game. Every public and private college and University awards aid a little differently; their criteria are different, their available dollars differ dramatically, and the way they consider the family finances differs. I learned that there are ways of repositioning one’s assets make you more eligible to receive financial aid, that your student doesn’t have to be the perfect A+ student to get merit based aid, and that getting all your financial aid forms turned in as close to the submission date as possible, as opposed to the final deadline, makes a dramatic difference in the amount of aid that will be available to you (the longer you wait the less money they have).
If you have middle school or high school age children, I would highly recommend attending one of these informative sessions.