Thousands of lucky families across Florida, who are using Florida’s Prepaid College Plan to cover the future cost of college, got a pleasant surprise last week. The state has cut costs and will be refunding $500 million dollars, or about $4,700 per household. This reduction has been made possible due to successive years of lower than […]
Tag Archives | college planning
Frustrated By The FAFSA?
Are you frustrated by confusing college financial aid paperwork? We found that many parents don’t know where to start when filling out the FAFSA application to request college financial aid for their child. We found a helpful site that will walk you step-by-step through the application process, provide you with important deadlines, and even help you […]
5-Minute Fix: Using A 529 College Plan To Beat Higher Taxes in 2013
Did you know that the way you save money for your child’s education can either (a) create a big yearly tax bill, or (b) let your money grow for decades without paying any taxes at all? It only takes 5 minutes to make the right choice, as long as you know the secrets of how to […]
Think Twice Before Co-Signing Student Debt
Parents, think twice before co-signing student loans for your kids. Or at the minimum, read last week’s article in the Wall Street Journal about the financial havoc caused when kids stop paying on their loans, leaving creditors to come after already cash-strapped parents. Reports the Wall Street Journal: “After years of facing all sorts of […]
More Families With Means Are Opting For Community Colleges
College costs keep rising, and students are piling on more debt than ever before. But here’s a trend you may not know about. More and more families with means are downshifting from private or expensive schools to lower cost community colleges: “Many predict any rise in rates could push more families to seek out less-expensive colleges—furthering […]
College Dreaming
For those of you who are parents of high school seniors, you know far too well the agonies of the college application season. It’s a seemingly endless marathon of tests, applications, essays, recommendations, and documentation, and soon it will all be topped off with the heart-breaking thin letter of rejection or the joyful fat letter of acceptance. […]
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About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for twenty five years. Mari has appeared in publications such as Business Week, CBS MarketWatch, Wall Street Journal, Kiplinger’s, Newsweek, and Money Magazine.
