With an importance on higher education in today’s workplace, parents and their college-aged children are facing some tough decisions on how to fund their education. Fortunately, there are a number of resources and planning strategies that can help alleviate the burden. First, there is the possibility of financial aid, such as grants, loans, and scholarships. This financial aid may derive from federal financial aid programs, state programs, and/or the college itself.
Depending on how far your child is from attending college, there may be other solutions to consider. At College Craig, we understand the importance of higher education and the potential financial impact paying for college can have on your family. We seek college planning solutions that allow for your child to attend college while minimizing the impact this financial commitment has on your overall retirement planning.