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Preparing for College
The college admissions process is highly competitive and becoming more so each year. To improve the student's odds of getting in and receiving the necessary funding to attend, you must know the workings of the admissions process, and how it goes hand in hand with the institution's financial aid strategies.

Colleges are in the business of providing higher education to our nation. The key word here is business. Institutions have a very definite business approach when it comes to offering admission and funding to a prospective student.

For example, a college or university will typically offer admission to three (3) times as many students as they need. Why? They know that only one-third of those offered admission will attend and the remaining two-thirds won't. Colleges want their seats full, and will typically over-book the flight to make sure they are. It's not good or bad – it's simply business.

The good news is that they can turn the process in their favor by making the student as attractive as possible to the schools and keeping their options open.
Funding Education
It is a fact that a college education is expensive, very expensive. Even at lower-priced, state-supported colleges a four-year degree can still cost in excess of $50,000. College tuition and fees continue to increase at an alarming rate. These increases have made "paying for college" practically impossible.

In a recent survey conducted by the American Council on Education it was found that financing their children's college education is one of the top five concerns facing American parents today. Although parents generally have good intentions, there are many unforeseen circumstances along the way that prevent them from saving a sufficient amount of money to pay for their children's college education.

With today's economy, and the inflation we have experienced over the past twenty years, this problem is far more evident now than it ever has been in the past. It most often takes two incomes just to meet the family's budget. Unfortunately, after paying the family's monthly expenses, there is usually not much left over for the student's college education.

Fortunately, you do have options!

Click the link below for more information

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Check the background of this financial professional on FINRA's BrokerCheck.