Academics / Athletics
Our ideal clients…
…are business owners, self employed professional, and rental property owners who are concern about college as well as retirement.
…are parents (and grandparents/guardians) – who are serious about the college education of their children and grandchildren/beneficiaries.
You have heard, or read, or seen reports about the high cost of attendance (COA).
Yes, it is not cheap. Thus, preparing for these high college cost environment is a major concern. It should be a major part of your planning too. Sadly, most parents postpone the actual planning and plan implementation thinking that their children are still young and way too far from college. Yet, parents need to be reminded that "mother time" is one gift (to all) that can be maximized to their advantage. Plan and implement early.
Plan accordingly! What is your timeline?
Age 7 to 11 (1st Grade to 5th)
Let's talk about Cost…
If you aim for public funded schools, the cost of attendance (also known as COA) today ranges from about $16,000 to $24,000. When you factor in annual cost increases, say 6%, and calculate the total cost for 4 years, the numbers add up to $69,994 and $118,114; respectively.
If you aim for private colleges, the average COA is about $35,000 per year or $153,112 in 4 years at 6% annual increase.
For Ivy Leagues schools, the COA for academic year 2009-10 is at least $53,000 or a total of $231,855 in 4 years.
Cost of Attendance or COA includes tuition and fees, books, room and board, transportation and miscellaneous expenses. (All schools that participate in the federal student financial aid program publish their COA every year). If your child stays home while attending college, subtract the Room and BoardĀ amount, but include a realistic cost of commute and cost of food for lunch /snack and you will get a good estimate of how much college is.
As you calculate all these expenses, you will see that college isn't cheap at all. College is expensive and such cost can create a heavy burden to most families.
Parents, ask yourselves this question: How old will you be when your youngest child graduates from college?
- You may have a college funding problem
- You may have a retirement problem
- How can you do both?
We can show you!
Our approach is to make use of strategies to avail of any and all sources that families may qualify for. Will you qualify? Let's see.
Contact us for a complimentary meeting. Use the form provided in this website.
