JMCK College Planning
Before you know it, your child will be ready for college. Now is the time to start planning if you have not already started. If you have a child enrolling in the FALL, you may be among many parents who have not saved nearly enough. There is still time to minimize the financial burden that is associated with the most expensive time of your life--educating your children. As parents, you may be ready to sacrifice almost anything to contribute to your children's opportunity for success in life. However, there is a way to give them a good education without jeopardizing your own retirement future. Contact me for more Information or call 915-373-5826. As a College Planning Specialist, my goal is to provide the following:
Consultation - I will be happy to meet, free-of-charge, with each family to estimate the Expected Family Contribution (EFC); find out what category of aid you fit and if you are on the right track.
Guidance and Preparation - Once we meet and discuss your particular set of circumstances and the real possibility that I may be able to save you thousands of dollars, you may want to continue working with me. My services are tailored to help the student and the family get through the college process with knowledge and confidence.
First, we want to make sure your student is academically prepared for college. There may be a need to reinforce their preparedness by implementing tutoring or college testing courses. As your child's academic knowledge develops, we also want to take into account your child's interests, natural abilities and hardwired personality.
Next we want to help him/her develop a sense of what kind of career is suitable for the next 40 years. If a student can start with a chosen major and career path, his/her needs will be met, interests will be embraced and stresses avoided. You will see a greater chance of a 4-year graduation. That reality translates into thousands of dollars saved in avoiding an extra year because a major was changed. A chosen path also reduces the possibility of discouragement or decision to drop college. In summary, there will be less chance that they will waste time, money and heartache.
Once the student is prepared for college, we can search for the institution that not only will instruct and prepare well in the chosen major, but also fit your financial constraints. We will calculate the cost of attendance for each school considered and look for funding strategies, promoting minimal debt, identifying tax advantages and preserving retirement savings. This is a comprehensive financial program that has helped hundreds of parents and college students find their way through the difficult financial decisions associated with higher education.
Consultation - I will be happy to meet, free-of-charge, with each family to estimate the Expected Family Contribution (EFC); find out what category of aid you fit and if you are on the right track.
Guidance and Preparation - Once we meet and discuss your particular set of circumstances and the real possibility that I may be able to save you thousands of dollars, you may want to continue working with me. My services are tailored to help the student and the family get through the college process with knowledge and confidence.
First, we want to make sure your student is academically prepared for college. There may be a need to reinforce their preparedness by implementing tutoring or college testing courses. As your child's academic knowledge develops, we also want to take into account your child's interests, natural abilities and hardwired personality.
Next we want to help him/her develop a sense of what kind of career is suitable for the next 40 years. If a student can start with a chosen major and career path, his/her needs will be met, interests will be embraced and stresses avoided. You will see a greater chance of a 4-year graduation. That reality translates into thousands of dollars saved in avoiding an extra year because a major was changed. A chosen path also reduces the possibility of discouragement or decision to drop college. In summary, there will be less chance that they will waste time, money and heartache.
Once the student is prepared for college, we can search for the institution that not only will instruct and prepare well in the chosen major, but also fit your financial constraints. We will calculate the cost of attendance for each school considered and look for funding strategies, promoting minimal debt, identifying tax advantages and preserving retirement savings. This is a comprehensive financial program that has helped hundreds of parents and college students find their way through the difficult financial decisions associated with higher education.
The College Planning Process
Probably the best time to plan for college is in the elementary or junior high grades. However, if you are a typical parent, your child is in high school and time is short. Here are some issues and questions that need to be explored and answered before you secure a successful college experience. You will want to keep your own retirement plan intact.
- What is our EFC (expected family contribution)?
- How do we pay for college?
- Do I make too much money to get financial aid?
- How do I minimize the drain on my retirement plan?
- What's the best way to decide a career for my child?
- How do we find the best college for the chosen career?
- What is our EFC (expected family contribution)?
- How do we pay for college?
- Do I make too much money to get financial aid?
- How do I minimize the drain on my retirement plan?
- What's the best way to decide a career for my child?
- How do we find the best college for the chosen career?
Retirement Planning
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Financial Planning
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Estate Planning
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College Planning
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