Discuss every family/student's situation is unique, Net price calculators and 7 factors of financial aid formulas for projecting College Cost of attendance, Preview of changes coming in 2023 as a result of the 2021 Pandemic Relief appropriations legislation. Discuss sticker vs actual cost of college. What are Stafford Loans, different kinds & characteristics. Note, Loan, and effective rates in 2021 for Stafford Loans. Differentiating types of Stafford Loans, amounts, Qualification requirements & considerations for Stafford loans. Consideration of Stafford Loans when building College Cash Flow plan, Application of knowledge. Plus Cash Flow plan

Highlights

• How would you determine the cost of college - 3:01
• COA - Cost of attendance - 3:48
• Projecting college cost - 6:55
• What are Stafford Loans - 10:04
• A very good financial tool - 16:27
• Getting a loan for college - 18:48
• Stafford Loans as a great tool - 19:42

 

Episode Resources

• Connect with Andrew Windham
• https://www.linkedin.com/in/andrewwindham
• https://twitter.com/andrewwindham?lang=en
• [email protected]
• Applying & Learning about Stafford Loans: https://studentaid.gov/h/apply-for-aid
• Federal Loan Interest Rates: https://studentaid.gov/understand-aid/types/loans/interest-rates
• College Success Consultation - https://calendly.com/college_planning_institute/college-success-consultation
• Coffee & Cashflow Conversation - https://calendly.com/college_planning_institute/coffeecashflowconversation
• Qualified Tuition Programs -https://www.irs.gov/taxtopics/tc313
• Basic 529 Overview: https://www.thebalance.com/basic-overview-of-section-529-college-savings-plans-795279