Financial aid is essential for many families, even more so now in light of COVID-19. How much do you know about this important piece of the college financing puzzle? 1. If my child attends a more expensive college, we’ll get more aid Not necessarily. Colleges determine your expected family contribution, or EFC, based on the income and asset information you provide on the government’s financial aid form, the Free Application for Federal Student Aid (FAFSA), and, where applicable, the College…
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The 2020-2021 academic year is right around the corner, and the coronavirus pandemic has upended the college world, like everything else. Not only has COVID-19 impacted short-term college operations and student summer plans, but the virus could end up being the catalyst that changes the model of higher education in the long term. Here are some things to know about the changing college landscape. College funds. Market volatility has been at record high levels this year, and college nest eggs…
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You’ve put in the hard work as a college student and finally received your diploma. Now you’re ready to head out on your own. And though you may not have given much thought to your financial future when you were in college, you have new financial challenges and goals to consider. Fortunately, there are some simple steps you can take to start on the right track with your personal finances. Set financial goals Setting goals is an important part of…
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Being able to send your child to college is near the top of the wish list for most parents. A college education can open doors to many opportunities, and is increasingly necessary in today’s economy. But that diploma doesn’t come cheap. Unless you are very well off financially, it’s difficult to sit on the sidelines for years and then suddenly find the money to pay for college when your child is ready to go. The best thing to do is…
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Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you’ll need to make substantial financial sacrifices to send your child to college. Or maybe your child won’t be able to attend the college of his or her choice at all. Before you throw in the towel, though, you and your child should consider steps that can actually lower college costs. Although some of these ideas…
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Being able to send your child to college is near the top of the wish list for most parents. A college education can open doors to many opportunities, and is increasingly necessary in today’s economy. But that diploma doesn’t come cheap. Unless you are very well off financially, it’s difficult to sit on the sidelines for years and then suddenly find the money to pay for college when your child is ready to go. The best thing to do is…
Continue reading How Will I Manage to Send My Child to College?
Kelly Larson Office Assistant kellyl@prosperwell.com | 763.231.9510 My Quote “You miss 100% of the shots you don’t take.” – Wayne Gretzky My Story Kelly grew up in Bloomington, Minnesota, and attended Kennedy High School. She later went to Dakota County Technical College and began her career working with successful entrepreneurs as they launched their businesses. Over the years, Kelly has held various positions such as roles in human resources, accounting, executive administration and property management. As our Office Assistant, Kelly…
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David Comstock Relationship Manager david@prosperwell.com | 763.231.9516 My Quote “The secret to getting ahead is getting started.” – Mark Twain My Story David grew up in Mora, MN and went on to study business at Riverland Community College, where he earned a Certificate in Business. After college, David continued his education by obtaining his Series 7 and Series 66 licenses. David is motivated by helping clients achieve what is most important to them, and building lasting relationships in the process….
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Hailey Kassulker Office Concierge 763.231.9510 My Quote “Be a rainbow in someone else’s cloud.” – Maya Angelou My Story Hailey grew up in New Germany, Minnesota and attended Watertown-Mayer High School. She attended Concordia College in Moorhead, Minnesota and earned her bachelor’s degree in Communication Studies. Hailey has spent her post-college professional career in various customer service and administrative coordination roles. As our Office Concierge. Hailey utilizes her strengths in organization, communication, and dependability to ensure that the office operates…
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