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Facing College Rejection Together: Building Confidence After Early Applications

CFAA College Financial Aid Advisors

This is a chance to teach resilience and perseverancevaluable skills that will serve them well in life. From perfecting their application to securing other college offers or scholarships, these milestones are worth celebrating. Rejection doesnt erase the hard work theyve already put in.

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Don’t Skip These 5 College Money Talks This Summer

CFAA College Financial Aid Advisors

Financial Planning and Budgeting: Discuss the financial aspects of college, including tuition, fees, room and board, and personal expenses. Help your student understand the cost of attendance and the resources available for covering these expenses, such as scholarships, loans, and savings.

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3 New Year’s Resolutions to Make College More Affordable for Your Family

CFAA College Financial Aid Advisors

When deciding on the type of savings plan, you should definitely talk to a financial advisor who can help find a plan that is best for your family’s needs. #2: 2: Teach your children more about the value of money this year Too many students reach college age without having any concept of the value of money.

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Must Have Conversations with Your Student Before the First Tuition Payment

CFAA College Financial Aid Advisors

Here are some crucial conversations to have with your student before that first tuition payment is due: Financial Planning and Budgeting: Discuss the financial aspects of college, including tuition, fees, room and board, and personal expenses. Teach them basic budgeting skills and encourage responsible spending habits.

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Last Minute Money Talks Before Sending Your Student Off to College

CFAA College Financial Aid Advisors

Educate your college student about credit, interest rates, and credit scores. Teach them not to borrow to finance a lifestyle that might actually be out of reach. Know you’ll repay what you borrow: As of now, student borrowers are going to owe the money they borrow. It’s important to live within your means.