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Beware Hidden College Costs

Good morning!

We're hitting the airwaves this morning  with college cost-cutting news you can use -- 10:00am EST --  for College Coffee Talk, our live show about all things college admissions and financial aid!  

Here's what's on tap for today:  

"Hidden" College Costs and How to Defend Yourself

This episode is worth thousands of dollars, even though it's free!  Here's where to join us...

Tune In!

 

Grab a cup of joe and we'll see you at 10am EST (recorded if you can't make it). 

Feel free to pass this invitation along as you see fit.

- Andy Lockwood

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Harvard: "Safety School?"

op of the morning!

We're hitting the airwaves in few moments -- 10:00am EST --  for College Coffee Talk, our live show about college admissions and financial aid news that you can use!  

Here's what's on tap for today:

The FAFSApocalypse:  signs of relief?

Harvard:  Safety School?

The First 100K per year college

More - we'll be live and chatting away with you if you have any "burning" questions you need answered...free!

Here's where to join me, Pearl and Zuck on our Facebook page:

TUNE IN!

 

Grab a cup of joe and we'll see you at 10am EST (recorded if you can't make it)

- Andy Lockwood

Continue Reading...

The New Rules of Financial Aid

Everyone knows that the cost of college is waaaaaay of hand...

...except the Department of Education, it appears.

This year, they're implementing the largest overhaul of the rules about financial aid eligibility in 40 years.

I've seen these new rules, and they ain't pretty, for the most part.  Actually, they're pretty damn anti-middle class.

One of the changes that hits close to home for me, personally, is the one that pulls off the table the credit, or "discount" in the rules for families with multiple children in college.  I have three kids in college, which is why I'm taking this personally.  But it's not just me, 60% of families have more than one child in college.

Under the old rules, if you had two in college, your eligibility would be DOUBLE that of someone with the same income, savings, etc. but only one child in college.  

Now, both families are eligible for the same amount.  Even a family with quintuplets would be treated the same way as...

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This Fall's FAFSApocalypse

At 7:31 am I was on a morning news show that Pearl and I couldn't figure out how to watch, discussing the pending changes in financial aid, including the elimination of the "sibling discount."

As usual, I didn't have enough time to delve into all of the items I felt were important, possibly because the producers didn't want to put their audience to sleep.

So I decided to throw together a last minute, quickie webinar on the new rules of financial aid and what they mean for you, tomorrow night, to walk you through what you need to know if you're applying for financial aid for the upcoming year and/or beyond.

Here's some of what's on tap for tomorrow night:

*Rules changes for families with more than one child in college

*Rules changes for business owners

*Rules changes for divorced families

*Rules changes for how contributions from grandparents or others are treated in the financial aid formulas

*Changes in the timing of when you file

*The effect of the changes on...

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