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FUNDING A COLLEGE EDUCATION. PRESENTED BY DR. AA NEIDERMEYER. DISCUSSION TOPICS. STARTING EARLY CHOICE OF AN AFFORDABLE INSTITUTION DEVELOPMENT OF A BUDGET DEVELOPMENT OF A SAVING PROGRAM BORROWING / RENTAL PROPERTY FINANCIAL AID / SCHOLARSHIPS. STARTING EARLY.
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FUNDING A COLLEGE EDUCATION PRESENTED BY DR. AA NEIDERMEYER
DISCUSSION TOPICS • STARTING EARLY • CHOICE OF AN AFFORDABLE INSTITUTION • DEVELOPMENT OF A BUDGET • DEVELOPMENT OF A SAVING PROGRAM • BORROWING / RENTAL PROPERTY • FINANCIAL AID / SCHOLARSHIPS
STARTING EARLY • SELF / CAREER PROJECTIONS • INCOME / EXPENSE PROJECTIONS • AVAILABLE PROGRAMS • TAX ADVANTAGES • TAX DISADVANTAGES • AID PROs AND CONs
CHOICE OF INSTITUTION • PERSONAL PREFERENCES • CAREER REQUIREMENTS • YOUR JOINT DEFINITION OF “GOOD” INSTITUTION
THE EDUCATIONAL BUDGET • DECIDE WHO WILL PAY • DECIDE ON PROJECTED COSTS AND DURATION OF EDUCATION • DECIDE WHEN YOU WILL PAY • EARLY • AT THE TIME OF EDUCATIONAL MATRICULATION
DEVELOPMENT OF A SAVINGS PROGRAM • STOCKS • BONDS • TUITION PREPAYMENT • COLLEGE SAVINGS PROGRAM • INVESTMENTS IN CHILD’S NAME
BORROWING / RENTAL PROPERTY • POSSIBLE LOANS: • 401 (K) • HOME EQUITY • LIFE INSURANCE • STAFFORD • SALLIE MAE • EXTRA CREDIT • EDUCATIONAL RESOURCES INSTITUTE
FINANCIAL AID • START PROCESS EARLY IN HIGH SCHOOL CAREER – PORTFOLIO • COMPLETE AND FILE THE FINANCIAL AID FORM • APPLY, APPLY & APPLY