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How to Pay for College
According to the U.S. Department of Education, college costs are one of the most important factors in choosing which higher education institution to attend—and costs can vary significantly among schools.…
Read MoreCollege Student Loan Update
Students and their parents have to pay back more than the principal on college loans – interest and fees are assessed on the principal loan amount, which increases the overall…
Read MorePredictions for College Lending
Many discussions are ongoing concerning the effect that the new federal tax bill may have on college financial aid and lending, as published in a recent article from InsideHigherEd.com. A…
Read MoreTax Bill Impact on Paying for College
According to RoadToCollege.com’s recent article, the recent tax bills passed in the House and Senate still need to be finalized before a bill can be signed into law, but they…
Read MoreHow to Maximize College Financial Aid (Step 4 of 4)
Finally, the last recommended step from the Wall Street Journal article: Step 4: Save Strategically Save in the parent’s name, not the child’s, since FAFSA weighs parent assets at a…
Read MoreHow to Maximize College Financial Aid (Step 3 of 4)
Continuing from our blog last week from a Wall Street Journal article: Step 3: Manage Your Expenses Effectively Families planning to soon pay for large purchases (new car, replacing appliances),…
Read MoreHow to Maximize College Financial Aid (Step 2 of 4)
Continuing from our blog last week from a Wall Street Journal article: Step 2: Realize Capital Gains Parents of high-school sophomores (class of 2020) should take brokerage investment account gains…
Read MoreHow to Maximize College Financial Aid (Step 1 of 4)
The Wall Street Journal (WSJ) recently published an article on the best timing of making important personal financial moves to maximize financial aid in your child’s freshman year of college.…
Read MoreHow Does Illinois Test for College-Readiness?
Is there a chance that Illinois high schools will soon change back to using the ACT instead of the SAT? The Chicago Tribune reported that on October 18th the Illinois…
Read MoreWhen to Complete your FAFSA
The U.S. Department of Education posts state deadlines for FAFSA completion on October 1st of each year for the coming school year. See the 2018-2019 schedule. DOEd recommends that Illinois…
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