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Expected Family Contribution – The Key Target When Saving For College

Expected Family Contribution - The Key Target When Saving For College 3

When saving money for college education, you should be aware of your Expected Family Contribution (EFC). EFC is how much money your family is expected to contribute to your college education — the lower your EFC, the more financial aid you will receive. A Brief Note From Plonkee One of the great things about not … Read moreExpected Family Contribution – The Key Target When Saving For College

15 Tips to Avoid Overspending for First-Time College Students

For both parents and students, off-to-school shopping can be an important financial lesson that should be shared. It is a prime opportunity for parents to get to teach their kids a few remaining lessons about budgeting and personal finance: two very important lessons college kids should be learning before leaving the nest. Here are fifteen … Read more15 Tips to Avoid Overspending for First-Time College Students

7 Ways to Get a College Degree for Less

7 Ways to Get a College Degree for Less 13

In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn’t reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids (e.g., scholarships, grants, work-study, student loans, … Read more7 Ways to Get a College Degree for Less