Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 26: Paying for College? What are my options?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_26.mp3

March 2, 2018 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_26.mp3

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In this episode, we ask:

  • If college aid is so complicated, why are we expected to do this on our own?
  • Can an accountant help with college planning?
  • How do I find a college funding specialist?
  • How is paying for college like flying on an airplane?
  • What’s Holly’s story with flying?
  • What key questions should you ask a potential college specialist?
    • What exactly are you going to do for me?
    • Can you make this problem go away?
    • Are you going to help me with my income and asset allocation?
    • Will you help me pick a school?
    • Will you help me fill out forms correctly?
    • Will you help me negotiate?
    • Will you make sure that I get a fair offer?
    • Can you eliminate the administrative errors?
    • Will you integrate sound financial strategies?
    • Do you offer any guarantees?
    • Do you offer a refund if we’re not happy?
    • Will you coach my student?
  • How do the test results matter?
  • How old do my kids need to be to start considering college planning?
  • What years in high school do the financial aid offices look at potential students?
  • How can we get the lowest EFC (expected family contribution) possible?
  • How can we know the chances of a student getting into a certain school?
  • Does your student need an objective third party to talk to (other than parents) about college planning?
  • How can we get more merit-based aid?
  • What’s the difference between a full-ride and having to pay for college?
  • Do you have a negotiator in your corner?
  • Are you interested in knowing what your financial aid package is before you even apply to a certain school?
  • What questions do you have?
  • Would you like to meet with Holly to talk about your college planning needs?
    • Book a college planning consultation on Holly’s calendar.
  • How much does the average family receive in financial aid?
  • What is the quote from T. Boone Pickens? “A fool with a plan is better than a genius with none.”
  • Is there life after college?
  • How do you get the best college aid plan possible?
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