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The College Funding Dilemma

While high school seniors are focusing on putting the finishing touches on their college applications, parents are worrying about how they are going to afford the cost of college.

While high school seniors are focusing on putting the finishing touches on their college applications, parents are worrying about how they are going to afford the cost of college. The rule of thumb is the earlier you start to plan the better off you will be.

The reality of the situation is that it is very difficult to plan and have enough money to afford the cost of college in this day and age. The financial aid and scholarship process can be overwhelming and often many families miss out on aid they are entitled to simply because they are unaware of basic information. On Wednesday evening November 14, 2012 at 7 PM an expert in college funding from the College Resource Center in Massachusetts will be in Fairfield to present a free workshop on college funding.

The workshop will cover:

* The required financial aid forms and other details you need to know in order to maximize the amount of aid you are eligible for.

*How to have Uncle Sam contribute to your student’s college education in addition to the Lifetime Learning Credit.

*The important criteria to select the right college for your student and your budget.

*How to maximize your opportunities by developing a customized plan for all the college costs your family will incur.

*What assets are considered when the Department of Education calculates your Expected Family Contribution (EFC).

*How Student Positioning can drastically affect your financial aid: more gift aid and fewer loans.

All parents of high school age students are encouraged to attend.

Space is limited. If you would like to attend RSVP to henry@yourkeytocollege.com

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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