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Showing Parents And Students How To Find The Right College And Pay For It With The College Money Coach

Thursday, 03 June 2021 09:30 AM

LEESBURG, VA / ACCESSWIRE / June 3, 2021 / Most parents know eventually their child will grow up and go to college, however, the realities and scope of adequately planning for that time are not fully understood by most. Parents find themselves facing a plethora of challenges, among them a much different financial aid system, evolving college admissions criteria, and complicated government forms. Too often students and parents end up taking out a high amount of debt to finance a college degree because they do not know any other option, setting themselves up for a lifetime of debt. The lack of guidance in this area inspired the team at the College Money Coach to provide a system and resource to educate parents and help them make decisions that support their child's educational journey while protecting their own financial stability.

The College Money Coach, Thursday, June 3, 2021, Press release picture

The College Money Coach aims to help parents navigate the maze of getting children accepted to college and figuring out how to pay for it without taking on a ton of debt. Parents assume the process for their children will be just like theirs and are baffled when it is not. Along with that, high school students making the choice of where to go to college are not usually thinking with a financial outlook, these choices are driven by emotion, nostalgia for where their parents went, or a desire to go where their friends and romantic interests are going. Strong guidance from parents and caregivers is vital at this time, to set these young people up for success. The college admissions and financial aid process should be parent-driven so no one ends up in debt for a situation that does not work, which is where the unique and innovative system of the College Money Coach can make a huge difference.

The College Money Coach, Thursday, June 3, 2021, Press release picture

Even parents who have some sort of college savings plan in place frequently do not have enough to meet the need, money can be tied up in complicated long-term savings and investment options. The legal forms for government aid such as the Free Application for Federal Student Aid (FAFSA) are complex and filling them out incorrectly can lead to less financial aid money. Over 75% of FAFSA forms are submitted incorrectly every year. It is never too late to understand the different methods and options to pay for college, and the College Money Coach team is dedicated to giving parents the tools they need.

The College Money Coach, Thursday, June 3, 2021, Press release picture

Through carefully developed proprietary technology and proven methods, the College Money Coach starts by analyzing a compilation of student information and family financial data to find not only the best financial aid program but also the best fitting educational options for each student based on their unique set of circumstances. Then the team creates a comprehensive list of services that can maximize the process on both sides. Assistance is provided every step of the way, from listing out extracurricular activities and unique circumstances, filling out paperwork, financial aid guidance, as well as appealing and negotiating the process throughout. Every single student has a different set of criteria that qualify them for college admissions and the money they will be offered, having an expert to assist and make sure a student is getting what they deserve, and protecting their parent's financial security is the driving force of the College Money Coach system.

Some of the guidance goes into applying for multiple colleges, both private and public. There are different aid options for each, and private schools often have programs that offer higher amounts of aid, as they work to remain competitive with state and public universities and colleges. The College Money Coach process is about building a custom blueprint for each family to show them how to pay for school. The company has never had to take out a student loan for clients, instead, they educate parents on how to efficiently afford school, without loans, saving their retirement through the use of innovative financial strategies.

The College Money Coach, Thursday, June 3, 2021, Press release picture

There is never a better time to start planning for a child's college education, too often parents get into the process when students are in junior or senior year and think they can get scholarships to pay for most of it. The reality is it is a complex, evolving process, and what works for one student will not always work for another. Parents need to take an individual, comprehensive approach and understand the system to prepare themselves and their children for this very big life decision. The College Money Coach offers a free consultation to anyone in the country through their website. Learn more here and connect on social media to start on a stronger, more lucrative path to paying for your child's college education.

The College Money Coach, Thursday, June 3, 2021, Press release picture

Company Name: The College Money Coach
Contact Person: Mike Brown
Address: 312 Foxridge Drive, Leesburg, VA
Phone Number: 703-777-1581
Website Link: http://www.thecollegemoneycoach.com/

SOURCE: The College Money Coach

Topic:
Company Update
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