How To Get Money For College

Help Me Pay For College

noreply@blogger.com (Terry) — Thu, 21 Jul 2011 23:22:00 +0000

Tonight I am writing you from one of our popular college funding workshops at the Howard Miller Community Center in Zeeland, MI. Our featured speaker is Mr. Robert Barr, and let me tell you this. If you ever have the opportunity to go to a college funding workshop, he really makes it fun and informational. The biggest topic he is going to cover tonight is how you need to have a blueprint to pay for college. There is a balance you have to make between paying for college and retirement. There is the old saying, "you can borrow for college, but you can't borrow for retirement." That is absolutely true and you should take it to heart.

A well thought out college blueprint will include financial aid strategies, college admissions strategies, tax strategies, and innovative funding strategies.

I can't write too much tonight because of where I am, but if you have a college bound high school student, then it is in your best interest to attend one of these workshops. To find one in your area, just go to www.myacfa.com and find one near you.

Don't Make These Mistakes When Getting Ready To Fund College

noreply@blogger.com (Terry) — Tue, 17 Aug 2010 13:04:00 +0000

Look For College Funding

noreply@blogger.com (Terry) — Mon, 16 Aug 2010 20:55:00 +0000

Here is where you should find out how much money you'll need to pay. You'll then have to find out how you're going to pay. That is a whole other ball game.

Very few families, even the top earners, have the kind of cash flow that allows them to pay an extra five, ten, or twenty thousand dollars a year without blinking an eye. Almost everyone will have to find other sources of cash. Fortunately, there are plenty out there and we can show you how to find them.

For those of you who have not taken advanted of our FREE Diagnostic Evaluation, don't wait another minute! We will explain how to find all the money you need and how to pay for your child's education. To book a FREE Diagnostic Evaluation, just call my office at (866) 949-7935 and we will be happy to help you! Or sign up for one of our FREE College Funding Workshops, to locate one nearest you, visit our website proedserv.com and click on the Workshops Tab.

Private Schools

noreply@blogger.com (Terry) — Fri, 13 Aug 2010 14:33:00 +0000

The FAFSA is the financial aid application form for public schools. If your child is applying to certain private schools, you should also have completed a CSS/PROFILE. This form will list all of the schools where your child is applying. It's the job of the College Scholarship Service (CSS) to send copies of the profile to every school on the list.

About a month later, you should begin receiving acknowledgement forms from each of the schools confirming that they have received your information. The number crunchers at these schools will now be producing their own version of an EFC. If there are any more schools that your child is considering attending, this is the time to review the list and make the additions. You still have time.

If you have any questions be sure to check out our website at http://www.proedserv.com

Would You Like To Save Money For College?

noreply@blogger.com (Terry) — Thu, 12 Aug 2010 13:23:00 +0000

When you do your taxes every year, don't you try to pay as little in taxes as possible? So why wouldn't you want to position yourself to be able to pay a little as possible for a college education? A certified college consultant can save you thousands of dollars off the college bill, but you have to get started right away! Colleges look back to your child's Junior year of high school to find out how much you can afford to pay for college. Being proactive and positioning yourself in a way to save thousands can be the difference between paying for your child's college bill and retiring when you want to. Give us a call at the office 866-949-7935, or visit our website www.proedserv.com, to attend one of our free college funding seminars to know if you have taken the right steps to pay the college bill. For more daily updates, follow us on Twitter or friend us on Facebook, just look at the bottom of our website, www.proedserv.com, and click on the links!

Your EFC statement

noreply@blogger.com (Terry) — Wed, 11 Aug 2010 14:28:00 +0000

The most important part of the Student Aid Report is at the top of the page. This is where you'll find an estimate of your Expected Family Contribution (EFC), the amount of money that the government calculates you should pay for your child's education.

Now, when you have completed the FAFSA, you were asked a ton of personal questions. Not one of those questions asked how much you think you can afford to pay. It's a shame because that question you could have answered easily. Chances are, the financial aid administration will get it wrong; the amount they think you can afford will usually be much, much higher than the amount you think you can afford.

If you've already received your SAR, your Student Aid Report, or if you're still waiting for it, you should keep that in mind before you open the envelope. You're not likely to see a big fat zero there. It rarely happens.

The vast majority of parents take one look at the EFC figure and wonder how and where are they going to find that kind of money. That's the next stage of the college process.

In the first stage of applying for financial aid, you gathered the information and completed the forms. In the second stage, you have to find the money. This is as much a part of going to college as taking ACT's and choosing a major. There's a whole range of specialized loans and grants that you can apply for, including some with very low interest rates and payments deferred until after your child graduates. Many, if not most college students use them, and they are a great way of raising the extra cash.

Grants and loans aren't the only method you can use though. Another method that makes paying for college far easier than you might imagine is a special mortgage technique that gives you the money you need on a tax-favored basis. This method doesn't work for everyone but if it does work for you, you should be able to kiss your EFC headache goodbye. If you'd like to know more about this technique- and find out if it will work for you or if you'd just like to learn more about all the other grants and loans available for college students and their families, just give our office a call at (866) 949-7935 or visit our website at http://www.proedserv.com

The Pell Grant

noreply@blogger.com (Terry) — Tue, 10 Aug 2010 14:41:00 +0000

The FAFSA contains an application for the Pell Grant, the government's biggest financial aid program. Each year, the government gives out $29 billion to around five million students to help them pay for college tuition using Pell Grants, and the bulk of that cash goes to families who earn less than $30,000 per year. The Pell Grant isn't intended to help everyone pay for college; only students from families with low incomes. In fact, even qualified applicants only receive about $2,600, which doesn't go very far in filling the college tuition gap.

So if you find that you don't qualify for a Pell Grant, don't sweat it. There's a basket-full of other methods that you can use to find the money you need-and as a Certified College Funding Representative, we'll help you find them.

If you have any more questions, or are interested in our services, check out our website at http://www.proedserv.com

Financial Aid-Where to start

noreply@blogger.com (Terry) — Thu, 05 Aug 2010 18:30:00 +0000

Just about everything your child has done to this point can affect the financial aid award they receive. Grades they have earned, clubs they have joined, activities they have participated in, and organizations they have volunteered for all impact how schools look at them. So where do you start? What are the steps that will allow you to send your child to the college of their dreams without having to claim bankruptcy?

Here's where you start. Your first step is the FAFSA (Free Application for Federal Student Aid). You need to fill out this form every year for each student, in order for them to be eligible for any form of federal aid including grants or loans

Fill out the FAFSA in early January using estimated numbers if need be. Complete them online, you can always go back and update the numbers later. Once you submit your FAFSA, the financial aid administration will read through your application, grapple with your numbers and calculate how much financial aid you should receive towards your child's education-and how much you should pay on your own.

Professional Education Services is here to lend you a helping hand through this complicated admissions process, if you have any questions take a look at our website at http://www.proedserv.com

Student Loan Selection

noreply@blogger.com (Terry) — Wed, 04 Aug 2010 19:27:00 +0000

As much as parents want to, most of them are not able to write a check each semester to pay for their child's college education. Which is why loan selection is so important! Most people think taking any type of loan is bad, especially if you have some cash on hand that could be used. I don't always agree with this logic, and here is why. What happens if you decide to pay for your child's education with your life savings, then our of nowhere lose your job? Who is to blame at that point? Your child for wanting an education? You for volunteering to pay for it? These are very tough questions to answer because of how much the answer can vary from family to family. If you are interested in hearing more about how student loan selection can make a big difference in the amount of money you pay for college, visit our website, proedserv.com. We have a financial aid department set up just to help you answer tough questions like the one above. Our College Dream Builder™ product, is the answer that every parent needs to solve the difficult issues that will arise during the college admissions process. Check us out, and let us help you!

Pay For Your Kid's College Education, Or Retire?

noreply@blogger.com (Terry) — Tue, 03 Aug 2010 16:19:00 +0000

Most families have to make the heart wrenching decision of whether they should pay for their child's education, or retire? With college costs rising faster than inflation, who knows how much college will cost your children by the time they are ready to start. Many parents are well on their way to a well-funded retirement, when the high costs of their child education is thrown upon them. So what decision is the best? Are parents obligated to pay for college, or should their children be responsible for their own education? The answer to this is, I don't know, each case has to be looked at differently. A plan that worked perfectly for your neighbor, may be the worst thing you could do. You need to have a plan, you need to have a blueprint that will lay out exactly what is best for you and your family. Check out our website, www.proedserv.com, to find a free college funding workshop near you!

Take a look at some of out satisfied customers!

noreply@blogger.com (Terry) — Mon, 02 Aug 2010 14:00:00 +0000

Normally I like to give a tip or two on how to beat the high costs of college, but today I think I will let you all see a video of some of our clients. These are not actors, but actual clients of Professional Education Services that are ecstatic about the how we have helped them throughout the years. I promise I will get back to giving tips tomorrow! In the mean time, there are a bunch of videos of satisfied customers on YouTube.com, just search for College Dream Builder.

Scholarships

noreply@blogger.com (Terry) — Thu, 29 Jul 2010 20:51:00 +0000

Working in the college funding industry, I have had the opportunity to give families some wonderful advice on how to beat the high costs of college. One piece of information I give parents shocks them every time, and that is that scholarships only make up about three percent of the financial aid used to pay for college. To put this in terms a little easier to understand, only about 3 cents on the dollar used to pay for college is from scholarships. Wouldn't you like to find a more efficient way to pay the college bill? Wouldn't it be nice to know some of the loop holes in the financial aid system that could save you thousands of dollars off the college bill? I have to tell you, that I wish I would have known the things I do now when I was getting ready to go to college. Thankfully, there are thousands of parents with children getting ready to go to college that still have time to avoid the mistakes I made. To do this, you must go see a college funding advisor, we are specialists in what we do, and we know how to work the system to your benefit. Check us out at our website www.proedserv.com, to find a free workshop to help you better understand the information I just gave you.

Financial Aid

noreply@blogger.com (Terry) — Wed, 28 Jul 2010 15:58:00 +0000

Did you know that school selection is a large part of how much financial aid a student can receive? Colleges and Universities are businesses with a mission statement, and are looking for the right students to fulfill their mission. If you were able to know what schools are looking for which type of students, or which programs they are trying to fill; you could be able to position your student to get more financial aid. Professional Education Services offers the College Dream Builder™ product, backed by a staff of professionals who work hard every day to fight for your student to get into the school of their dreams. We know what schools are looking for, and are ready to position your student to try to maximize financial aid. Click on one of the links in this blog to sign up for one of our free college funding workshops.

SAT / ACT Test Scores

noreply@blogger.com (Terry) — Tue, 27 Jul 2010 13:09:00 +0000

How many high school students do you know that are satisfied with the score they got on the ACT or SAT? Top colleges are always looking for students with the best scores. They also like to see when a student attempts to take these tests more than once. It shows the college that your student has the drive to get better and not settle for their first score. One way to increase your score is to take an ACT / SAT test prep course. You can find these courses in different places, but Professional Education Services offers a test prep class that features full length practice tests that you can take whenever and wherever it is convenient for you. Plus, PES Analytics™ - our adaptive diagnostic tool - does more than just grade your tests for you. As you work through the course, it will continually analyze your potential, direct your efforts, and track your progress. If this sounds interesting to you, then check out our website, www.proedserv.com, or give us a call at 1-866-949-7935.

College Bound?

noreply@blogger.com (Terry) — Mon, 26 Jul 2010 21:07:00 +0000

Heading to college is a very exciting time for a new high school graduate, but have you ever thought of all the small details that go into sending your child to college? I'm sure your student has had a specific college in mind for years now, or maybe they just decided to go to a different school because that is where their best friend Jimmy decided to go. Either way, being prepared for your students decision can be the difference in saving thousands of dollars or going broke. What if you made a mistake filling out the FAFSA, and now your student is not going to get the funding needed to complete school? Professional Education Services has been helping families tackle these decisions since 1999. If you want to read more about great tips on getting your child into college, read Daniel Wansten's book, "Cash For College."

The Importance of a College Degree

noreply@blogger.com (Terry) — Thu, 22 Jul 2010 14:43:00 +0000

A college degree is more important today that it has ever been in the past. With more and more manufacturing jobs heading out of the country, the days of low skill high wage jobs is decreasing everyday. While holding a college degree is not a guarantee that your student will find a high paying job, it does open more doors for them to find an occupation they enjoy. Wouldn't you like to help your child be able to go to college for as cheap as possible? Would you like to know whether or not you are paying for college as efficiently as possible? Of course the answer is yes, who wouldn't want these things? To find the answer to these questions you have to know a specialist in the area, and that is why we are here. Professional Education Services has been helping families find ways to get students into the college of their dreams while helping their parents position themselves to save as much money as possible! If you or anyone you know has a child on their way to college, click on one of the links in this post, we would love to guide you to one of our FREE College Funding workshops. Then if you like what you hear, we would love to sit down with you for a free diagnostic evaluation of your situation. A college degree is becoming a necessity, why not help provide one for your child?

Youtube video

noreply@blogger.com (Terry) — Mon, 24 May 2010 18:35:00 +0000

Check out this video and more like it on YouTube about Professional Education Services satisfied customers!

This video says it all

noreply@blogger.com (Terry) — Thu, 24 Apr 2008 19:41:00 +0000

It seems like Professional Education Services is a one of a kind company that really cares about the people it helps every day. Watch the video and you will see what I mean.

Its Takes Hard Work To Be Lucky

noreply@blogger.com (Terry) — Wed, 23 Apr 2008 15:03:00 +0000

You can find out more about Dan Wansten at howtoaffordcollege.com

Another article showing how paying for college is going to become even more difficult

noreply@blogger.com (Terry) — Wed, 16 Apr 2008 17:22:00 +0000

Just another reason to get help with college funding and financial aid.

Startribune.com

When you done reading this article check out howtoaffordcollege.com to see how Professional Education Services can help you send your kids to the college of their dreams.

Before You Cash Out, Catch Up on Choices

noreply@blogger.com (Terry) — Tue, 15 Apr 2008 00:30:00 +0000

Before You Cash Out, Catch Up on Choices: "In 1999 Daniel Wansten founded Professional Education Services as one of the nations leading authorities on solving cash flow problems for families. Daniel has been seen on TV 13 news and featured in several newspapers and magazines. For free help on paying the college bill go to our website http://www.HowToAffordCollege.com and for free help with rollovers or other financial planning please contact our office at 866-949-7935."

Letters for April 13 - mlive.com

noreply@blogger.com (Terry) — Mon, 14 Apr 2008 14:56:00 +0000

Letters for April 13 - mlive.com: "According to the 2008 Michigan High School Counselor Report generated by The Joyce Ivy Foundation, the average caseload for a high school guidance counselor in Michigan is 362 students. The recommendation is the maximum caseload not exceed 250 students. On top of the exceedingly high student caseload each guidance counselor handles, greater budgetary restraints have forced school districts across the state to push more administrative tasks on guidance counselors' shoulders, leaving less time to work with each student.
With two daughters who have successfully graduated college and two currently in high school, I am quite familiar with the uphill battle our school guidance counselors encounter each year. With no end in site to their growing caseloads, the least we can do is thank them for their tireless dedication and devotion.
-- DAN WANSTEN/Grand Rapids"

Another Helpful Article by Daniel Wansten

noreply@blogger.com (Terry) — Fri, 11 Apr 2008 20:55:00 +0000

It's never too early to begin teaching your kids about the value of money. But where do you begin - especially if your own money-saving habits haven't been the best? Following are some tips to help you get your children started.

1) Provide an allowance. Age six or seven is a common starting point. Before receiving an allowance, kids should: be able to count, add and subtract, be familiar with the different coins and bills, show an interest in money or spending.

2) Set an example. Show your child how you've created your household budget and involve your child in shopping. Create a shopping list together - then stick to it.

3) Teach children to comparison shop. Go online to research prices at different stores. Instruct kids to keep receipts so defective items may be returned.

4) Limit TV time. The constant messages buy, buy, buy everything from fast food to toys can take a toll on a parent - and a child's - wallet.

5) Take a trip to your local bank or credit union. Even five-year-olds can benefit by opening their own savings account.

6) Make teens responsible. By buying some of their own clothes and other necessities, teens may better appreciate how much things cost.

7) Set short-term goals. Five- or six-year-olds might save for a five-dollar toy that they can get in just two or three weeks, while 10-year-olds might save for a larger-cost item over several months. When kids feel the power of delayed gratification, it teaches them that they can set meaningful goals.

Use the 10 - 30 - 30 - 30 "Percent System"

Many financial professionals recommend using the "10 percent - 30 percent - 30 percent - 30 percent" system to help your child split up any money he or she earns or receives. Show your child how to divide the money and put it in four separate jars. Here's how it works:

1) 10 percent Charity - Take 10 percent off the top to share.

2) 30 percent Quick Cash - Use this 30 percent for instant gratification.

3) 30 percent Medium-term Savings - Save this 30 percent for 1-6 months to purchase something special.

4) 30 percent Long-term Savings - Use this 30 percent for important things in the future, such as a college fund.

Giving Back While some families tithe or require their kids to set aside part of their allowance for charitable giving, other activities can also make an impact on children. Here are some suggestions to help teach kids the value of giving back.

1) Designate a container in which your children can deposit their loose change. When the jar is full, they can donate the money to a charity.

2) Ask your kids to help choose a gift for a holiday toy drive.

3) Have your kids round up clothes they've outgrown or toys they no longer play with. Take them with you when you donate the items to the Goodwill or Salvation Army.

4) Remember that charity involves gifts of time as well as money. Encourage your children to offer their services (without pay) to help the elderly or water plants and feed pets for vacationing neighbors.

In 1999 Daniel Wansten founded Professional Education Services as one of the nations leading authorities on solving cash flow problems for families. Daniel has been seen on TV 13 news and featured in several newspapers and magazines. For free help on paying the college bill go to our website http://www.HowToAffordCollege.com and for free help with rollovers or other financial planning please contact our office at 866-949-7935.

Article Source: http://EzineArticles.com/?expert=Daniel_J_Wansten

Daniel J Wansten - Authors Articles - ArticlesBase.com

noreply@blogger.com (Terry) — Thu, 10 Apr 2008 21:58:00 +0000

Daniel J Wansten - Authors Articles - ArticlesBase.com: "Raising Money - $mart Kids
21/02/2008 | Finance
This article will help guide you to raise money smart kids. Read"

If you want information on college funding of finacial aid, check out howtoaffordcollege.com, for insider tips on heping your kid afford college.

Tax season: tax tips for college parents

noreply@blogger.com (Terry) — Wed, 09 Apr 2008 19:38:00 +0000

Tax season: tax tips for college parents
If you are a college student or parent, I would not be surprised if you filed your tax returns six weeks ago.

Why? Because you need financial information from your federal tax returns to file the Free Application for Federal Student Aid. And March 1 was the deadline for many of the financial aid programs that Monroe County students are eligible for.

Yes, you can file FAFSA with estimated tax figures and provide amended information later. Some families who participated in the College Goal Sunday program Feb. 10 at Monroe County Community College did just that.

I decided it wasn’t worth my time to fill out paperwork twice, and wanted all our financial figures correct from the start. I arranged to get our taxes done as soon as the IRS was able to accept our returns, and filed FAFSA and all the other paperwork well before the March 1 deadline.

Now, if you are just now starting to work on your 2007 tax returns, there are college tuition credits that you may be able to claim. But it’s a tricky set of calculations. Even my tax preparer was surprised when she ran the numbers. She got us a bigger tax refund than first expected when she took the time to compare all the options.

Daniel Wansten, president and founder of Professional Education Services, a college financial aid consulting firm in Grand Rapids, recently sent out a press release that was listed with other tax information on page 7A of the print and e-editions of The Monroe Evening News. If you missed the article, here are his tips:

When the Economic Growth and Tax Relief Reconciliation Act was passed several years ago, it turned a complicated situation into something even more complex. Following are a few points families of college students should consider when filing their taxes this year:

Withdrawals from qualified state tuition programs, such as Section 529 plans, are now tax-free. This provides greater control for the owner of such plans.
Coverdell ESAs (education IRAs) are bigger. Beneficiaries younger than 18 can receive up to $2,000 a year with a tax deduction for contribution.
With a Hope Credit, parents are eligible to receive a 100 percent tax credit on the first $1,000 of each child’s tuition fees for the first two years and a 50 percent credit for the next $1,000 worth of expenses in the same period.
Deductions for the interest paid on qualified student loans were raised to $2,500. Those earning more than $50,000, or $100,000 for joint filers, are ineligible for the full $2,500. This deduction is not available for those whose income exceeds $65,000 or $130,000 for joint filers.
Timing is crucial. Pay a tuition fee too early and you could find yourself unable to claim a tax credit.
Receiving one tax credit may make you ineligible for another. If you’ve paid for expenses with money pulled out of a 529 Plan, you cannot earn a Hope Credit.
Tax benefits received will impact your expected family contribution (EFC), the amount of money the family is expected to contribute for the year toward the student’s cost of attendance. This figure is compared to the cost of attendance to determine a student’s aid eligibility.

Posted: April 2nd, 2008 under College, Taxes.

For more incredible information on finacial aid and college funding, go to http://www.howtoaffordcollege.com.