Understanding the Definition of Financial Aid
In addition to loans, financial aid includes scholarships, grants, and work-study jobs. Read all about it in this week’s Financial Tip.
Saving More to Save More
Our experts spend some time on a case study of a family who was looking at an empty nest in two years when the children went to college, but now find themselves expecting a new bundle of joy.
How Much Money Should a Student Borrow for College?
The hosts of “Money Talks” address borrowing for college. The host discuss what the ideal amount of debt would be if you must take on any college debt at all. They also touch on the downside to borrowing and alternatives to help keep you cost down.
Co-Signing a Child's Private Student Loan
Be aware that as a co-signor of a private student loan, you are being asked to guarantee the loan. Read more in this Financial Tip.
Q&A Time: Taxable Estate, Retirement Savings, Cable Providers and More
The “Money Talks” hosts address a variety of listeners’ questions, including those on cable providers, retirement savings and power companies in China.
What expenses are included in the annual cost of college?
The hosts of “Money Talks,” Gene Henssler, Ph.D., Bil Lako, CFP®, and Ted Parrish, CFA, explain what expenses the federal government includes in the annual cost of college calculation. The hosts also give examples of how much some Georgia colleges cost and how to get the best education for your money.
Q&A Time: International Stocks, College Costs, Bond Coupon Yields and More
The “Money Talks” hosts address listener questions on a variety of topics, including 401(k) fees, life insurance, and college costs, in addition to stock questions on international names and SSDSX.
Are any financial aid programs tailored especially to parents of post-secondary students?
While most federal loans are provided directly to students, the Parent PLUS Loan program is available to parents. Learn more in this Financial Tip.
Expansion of Pay As You Earn Program for Student Loans
President Obama expanded the Pay as You Earn program to include borrowers who took out federal student loans before October 2007 and those who stopped borrowing by October 2011.
Withdrawing Assets from 529 Plans for Higher Education Expenses
John W. Dickson, C.P.A., CVA, of Henssler Financial, explains how distributions from 529 Plans can be taken tax free, the documentation you should keep in case of an audit, and why coordinating your withdrawals with education tax credits is important.