Qualifying for Financial Aid

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

Most parents are very interested in learning about free money in the form of financial aid. Financial aid is a complicated topic because it involves many rules created by the government and the schools. One of the most significant factors in determining a family’s eligibility is the income of the parents. Another factor is the non-retirement assets of both the parents and child going to college. If you are eligible for financial aid, it’s not always in the form of free money. Many times, it means you simply qualify for student and parent loans which may be favorable, but need to be paid back. Finally, school selection plays a major role is determining what you may receive in terms of aid. While you man qualify, some schools are very generous and many have no free money available.

No math presented on this screen.