In June of this year, CNBC reported that “36% of U.S. college students say they already have more than $1,000 in credit card debt.” For those of you who remember your SAT conversions, that’s over a third of all American students. One cause for this startling fact may...
Financial Aid
Saving for College in 2018: An Update on Tax Treatment of 529 Plans
What is a 529 plan, and how can it help you and your college-bound student? According to the Internal Revenue Service, a 529 plan is “operated by a state or educational institution, with tax advantages and potentially other incentives to make it easier to save for...
Getting To Know The New FAFSA
In the past families spent the summer between a student’s junior and senior years of high school focusing on researching colleges and beginning work on admission applications. While some families were thinking ahead about financial aid, in most cases they did not need...
Five Things You Need to Know About Grants and Scholarships
By Stephanie Welder For parents, the most worrisome aspect of college admissions is finding colleges that are affordable. We hope that chosen schools will offer significant money that won’t have to be paid back. Parents also wonder where they can find outside...
Saving for College: Tax Treatment of 529 Plans
This article contributed by Lesley M. Mehalick, J.D., LL.M of McAndrews Law Offices, P.C. The tax deferred nature of a 529 plan can make it a desirable option to assist in saving monies for your child’s future college expenses. This article will provide an...
The ABCs of College Interviews
In this article I will provide you with information and tips about the college interview process. There are three main types of college interviews: evaluative, informational, and financial aid. A college's admissions office uses an evaluative interview to gather...
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