by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 16, 2022 | Financial Aid
On December 22, 2021, U.S. Department of Education extended the COVID-19 student loan repayment moratorium through May 1 of this year. The moratorium has been providing the following relief measures for eligible Federal student loan holders since the enactment of the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 25, 2022 | Financial Aid
Some parents view the need for student financial aid as a sign that they haven’t earned enough money or didn’t do a good job of saving for their child’s college education. It’s important for these parents to realize that the cost of college tuition has been spiraling...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 11, 2022 | Tax Planning
The Uniform Transfers To Minors Act (UTMA) is a law recommended by the National Conference of Commissioners on Uniform State Laws in 1986 and subsequently enacted by most U.S. states. It provides a mechanism under which gifts can be made to...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 29, 2021 | Admissions Tips
While colleges want to love you as an applicant, they may also want proof that you love them. They favor applicants who are likely to accept an offer of admission and to enroll in their institution instead of another to which they’ve also been admitted. The percentage...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 20, 2021 | Financial Aid
When companies compete for the best employees, the quality of their benefits packages is a key differentiator. Prospective employees look for a comprehensive package to improve their financial well-being and help prepare for the future. An IRS Section 127 Educational...
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