3rd Floor Views
3rd Floor Views
Chesapeake Family Life
How to Pay for College
35 minutes Posted Mar 18, 2022 at 8:00 pm.
0:00
35:56
Download MP3
Show notes

Get expert advice on how to pay for college from Certified Financial Planner Ann C. Alsina, CFP®, CPWA® of Covington Alsina, and Lee Norwood from Annapolis College Consulting.

With tuition for an instate school at $25,000 per year, $40,000 if the student is from out of state, parents need a plan for paying for college.

Get answers to the following questions about paying for college:

  • What does it financially take to go to college these days (what is the price range of schools) and is that number headed up or down?
  • How do you know what you can afford?
  • How do you pick the right school for you?
  • And how does cost factor in?
  • What are some ways to plan ahead for paying for college?
  • And when should you start?
  • What is a 529 plan?
  • Are there other options out there and how are they different?
  • What does the scholarship scene look like these days?
  • How competitive are scholarships? Where can you find them?
  • What does the application process look like?
  • What role should your rising college student be playing in this process?
  • How can you teach your child to save money for school and learn to manage money?
  • What is work study and how can it fit it to paying for college?
  • What are some resources you can recommend to parents and students?
  • What is the range of support that is available to guide families through this process?