College Admission and Funding Assistance

You Know the Power of Education

It’s a common hope for parents to see their children complete some degree of higher education. A university or college education has been shown to have a significant impact on employment and earnings throughout a graduate’s life.

Do You Know the Real Costs?

The cost of education is increasing rapidly – in fact the cost has gone up more than 330% over the last 20 years. It is safe to assume that parents will need to carry a significant portion of that expense. It is estimated that the average family will dedicate at least 30% of their income to paying their share of the college costs.

How Will You Close the Gap?

Coming up with a minimum of $90,000 for a four year degree is a challenge for most households, and with more than one child enrolled you can expect an even greater burden.

There are several possible ways to close the gap:

• Scholarships and grants offered to students who are desired by a college for academic standing, athletic prowess, a special talent and even fulfilling a schools geographic or demographic need. Use of existing savings and cash-flow at the time of college or borrow the funds when your child is ready to go to school is an alternative, however there may be other solutions to address these shortfalls before you spend down assets or borrow.
• Financial help is available to students and will vary from institution to institution. While these sources can make a difference they will not cover it all. It is important to know well ahead of time what these costs will look like for your family and student.

College & Retirement Solutions offers cutting edge tools that will help you close the gap on admission and cost, making it easier to say “yes” to the student’s desired school. You have the option of using our tools and going it alone or hire us to assist your family throughout the process.

Available for a Free 45-Minute Consultation

College and Retirement Solutions, LLC
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Phone:  (973) 514-2002