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 | 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...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 14, 2021 | Financial Aid
The substantial rise in recent decades of the cost of a college education is a serious hardship for most families. Student loans may mitigate the difficulty temporarily, but excessive borrowing can become problematic in itself. A better approach for a family, one that...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 3, 2021 | Financial Aid
The U.S. Military funds the college education of service members through a number of programs and institutions. These include the Reserve Officer’s Training Corps (ROTC) the United States Military Academies, and programs for the Reserves and National...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 4, 2021 | Financial Aid
The Federal Work-Study (FWS) Program provides a way for students to earn money for their education by working at a part-time job while in college. There are about 3,400 colleges and career schools participating in the FWS Program. Colleges have varying amounts of...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 29, 2021 | Financial Aid
If you qualify for a grant or scholarship at the Federal level, you are also likely to qualify in your home state. States operate programs similar to the Federal Pell Grant Program in that they provide need-based funding that doesn’t need to be repaid. If your Federal...
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