Local Expert Shows Denver Parents How to Get The Most Money For Their Children’s College Education
October 11, 2006 (PRLEAP.COM) Education News
“Most families who earn $40,000 or more and own a home assume they are not eligible for financial aid. However, most families with incomes of over $100,000 ARE actually eligible for some types of “need-based” financial aid. They simply need to know how to get their fair share. Over 70% of college students are receiving some type of financial aid” says Jason Kasper, a college funding specialist for 3 years.According to Jason, “there are several easy things parents can do to substantially increase the amount of money they get from colleges. For example, there are several schools that historically give better financial aid packages than others”. “If families do proper income and asset planning before filling out the forms, they can increase eligibility by thousands of dollars”, says Jason.
Jason offers a few simple tips to parents with college funding problems. “If a parent has only half an hour to end their college funding problems, I would suggest the following: 1) make sure they do not over-value their home on the financial aid forms 2) try not to save money in the child’s name as it weighs more heavily than parents savings, and 3) don’t be afraid to negotiate with a college for a better financial aid package.
Jason offers Denver parents with college funding problems FREE workshops that explain the 9 most common college funding problems and solutions. To find out more about the workshops, call 303-756-1755.