College Loans
How much money should a family borrow for college?
Submitted by Madison Planning Group on October 31st, 2017How can families trim college costs?
Submitted by Madison Planning Group on October 18th, 2017Paying for College - Should You Use Your IRA Funds?
Submitted by Madison Planning Group on August 23rd, 2017Five Common Financial Aid Myths
Submitted by Madison Planning Group on August 17th, 2017
Five Common Financial Aid Myths
With some private colleges now crossing the once unthinkable $70,000-per-year mark in the 2017/2018 school year, and higher costs at public colleges, too, financial aid is essential for many families. How much do you know about this important piece of the college financing puzzle? Consider these financial aid myths.
Kickstart Your College Fund With A 529 Plan
Submitted by Madison Planning Group on July 19th, 2017
Kickstart Your College Fund with a 529 Plan
If you're looking to save money for college, one option to consider is a 529 college savings plan. Created over 20 years ago and named after the section of the tax code that governs them, 529 plans offer a unique combination of features that have made them the 401(k)s of the college savings world.
Table: Federal Student Loans for College
Submitted by Madison Planning Group on February 22nd, 2017TABLE: Federal Student Loans For College
Many families rely on federal student loans to help pay for college. This table describes features of the most common federal loans.
Positioning Your Income/Assets to Enhance Financial Aid Eligibility
Submitted by Madison Planning Group on February 2nd, 2017What does it mean to enhance your financial aid eligibility?
If you qualify for federal financial aid, there are a number of strategies you can try to implement to enhance the amount of aid your child will receive when you apply for financial aid. The idea is to lower your expected family contribution (EFC), which in turn raises your child's aid eligibility.