What is a College Funding Advisor anyways and why do I need to speak to one?
TH: A College Funding Advisor is a type of financial planner that specializes in sound financial planning as it relates to maximizing a familys eligibility for financial aid. We also help you develop a plan to get all of your children through college comfortably without sacrificing your retirement savings. Dealing with the financial aid system is the equivalent of the IRS giving you all your tax forms and telling you to fill them all out without the assistance of a CPA or any tax software. And if you make a mistake, it could cost you thousands and thousands of dollars in lost financial aid each year. A College Funding Advisor makes sure you know exactly what you need to do and when and also helps you maximize your eligibility for financial aid. WBP: How does a post-secondary institution acquire funding to hand out in the form of scholarships? TH: In 2008, 40% of all the 169 Billion dollars in financial aid came by way of Federal Loans. The colleges and all their grants and scholarships
