Paying for college can sometimes be a separate worry from concerns about admissions. Often, parents ask us nervously about how to afford college, as well as the family’s chances of actually qualifying for any financial aid. I find that parents are most concerned about need based aid, given the family’s income and asset values. The following podcast is a short explanation of how colleges determine a family’s “need”, and why families should fill out the FAFSA or Free Application for Federal Student Aid, no matter their concerns.
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If you have questions about financial aid and affording the rising expense of college, contact Creative Marbles Consultancy at (916) 457-4090. We can help you estimate the amount of aid you may receive from colleges and offer recommendations on how to start planning for a 4 year college degree, no matter the age of your student.