Helping children achieve their dreams through college education is likely on every parent’s wish list. However, planning and saving for college education is one of the biggest expenses of their lifetime, alongside retirement planning and buying a home. Here you can learn the basics about college costs and various considerations and ways to pay for them.
At Eureka Wealth Solutions, we can help you evaluate your options as you financially plan for college, while also staying on track for other goals, big and small. We can also recommend specialists in the areas of student college planning, test preparation, and applying for scholarships and other financial aid resources.
Paying for College – Financial Aid
Figure 2: College Funding Sources
Figure 3: Federal Student Loan Interest Rates
Paying for College – Savings
Figure 4: Household Savings by Account Type
Figure 5: College Savings Used Annually
| College Savings Considerations | College Savings Vehicles to Consider |
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529 Savings Plan Advantage
College Reports
We’ve partnered with Collegiate Funding Solutions
(CFS) to help you save on college and make the most informative decision about your child’s higher education by
providing you with insights unavailable elsewhere.
- Costs for your target schools – including overall College Cost Calculator
- Scholarship Estimator report – list of what’s available and chances of
receiving it - Financial Aid Estimate report
- Strategies to increase financial aid
- College savings and funding strategies
- Schools at a Glance report – similar programs to what you’re considering
that might cost less - College Search and Query tool – vital information for better decision
making
Fill out a quick form about the student and family financial situation, and receive a series of personalized
reports.
Additional College Planning Resources
What Does Our College Planning Solution Include?
