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Episode #286- College Financial Aid Season

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Manage episode 417350195 series 1073221
Content provided by Kraig Strom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kraig Strom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's that time of year again - college admission season! But with the high cost of tuition, it can be a stressful time for families. In 1990, the average tuition cost for a 4-year public college was around $3,190. Fast forward to today, and that number has risen to over $10,000. That's why it's important to take advantage of all the resources available to you. One key step is completing the free application for student aid (FAFSA) and the CSS profile.

These forms can help determine your expected family contribution and make you eligible for financial aid. Proper financial planning is also crucial in minimizing your expected family contribution. It's important to note that certain assets, like retirement accounts and primary residence, are not reported on the FAFSA. However, assets like cash and savings accounts should be reported accurately.

  continue reading

248 episodes

Artwork
iconShare
 
Manage episode 417350195 series 1073221
Content provided by Kraig Strom. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kraig Strom or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It's that time of year again - college admission season! But with the high cost of tuition, it can be a stressful time for families. In 1990, the average tuition cost for a 4-year public college was around $3,190. Fast forward to today, and that number has risen to over $10,000. That's why it's important to take advantage of all the resources available to you. One key step is completing the free application for student aid (FAFSA) and the CSS profile.

These forms can help determine your expected family contribution and make you eligible for financial aid. Proper financial planning is also crucial in minimizing your expected family contribution. It's important to note that certain assets, like retirement accounts and primary residence, are not reported on the FAFSA. However, assets like cash and savings accounts should be reported accurately.

  continue reading

248 episodes

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