FUNDING A COLLEGE EDUCATION PRESENTED BY DR. AA NEIDERMEYER.

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Presentation transcript:

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