by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 16, 2023 | Financial Aid
Congress recently passed a $1.7 trillion omnibus spending package that made substantial changes to retirement and tax rules. These have been referred to as Secure Act 2.0 because they extend the retirement provisions of the original Secure Act of 2019. One of the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 10, 2023 | FAFSA
Every year, parents of enrolled and prospective college students should complete their part of the Free Application for Federal Student Aid (FAFSA) for financial aid from the Federal government, their state, and the student’s college. Over 13 million students file the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 10, 2023 | FAFSA
Student loan balances have spiked in the last few years. The average balance increased from $29,000 in fourth quarter 2016 to more than $36,000 in fourth quarter 2021. To reduce this burden, President Biden announced the Student Loan Forgiveness Plan (the Plan) in...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 5, 2023 | Financial Aid
College is expensive. Fortunately, most students pay less than a college’s published price by taking advantage of the financial aid that’s available to them. Rather than looking at published prices when researching colleges, students should focus on net price — the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 20, 2022 | Exams
The PSAT and SAT will soon be taken exclusively by computer. This is a welcome change because it affirms the continuing relevance and usefulness of standardized tests in a digital, post-pandemic, test optional era. There is likely to be a significant increase in...
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