How to Pay for College

This presentation conveys four ways to pay for college and covers key considerations.

Let’s talk about a few of the basics when it comes to determining a strategy for how to pay for college. There are four main sources of funds which can be used to pay for your children’s higher education. The first is what we call free money. This is money provided from an outside source that reduces your out of pocket expenses. There is found money which represents finding inefficiencies and wealth transfers in your current finances. Borrowed money can be used which are loans that the family takes out to fund college expenses. And there is saved money specifically designated to paying for college.

No math presented on this screen.