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When applying for financial aid don’t be surprised when the amount the college thinks you can pay is considerably higher than the amount you can afford. The Federal aid formulas have consistently overestimated what middle-class families can afford. Have a plan to manage the gap!

We will cover myths versus realities in paying for college and explore funding scenarios through case studies:

1. High Earner / High Savings
2. High Earner / Low Savings
3. Paying From Rental Income / Dividends
4. Divorced Parents
5. Leaving A Legacy: Making Savings Last Longer
6. Grad School

Slides: https://uploads.strikinglycdn.com/files/ae12532b-17b4-4bfc-a339-251cbe188775/Paying%20for%20College%20v5%201-11-2023%201-05353514.pdf?t=1674655608?id=3981155

Paying for College 1-24-2023

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts may not develop as predicted. All performance referenced is historical and is no guarantee of future results. Stock investing involves risk including loss of principal.

Khloé U. Karova is a CERTIFIED FINANCIAL PLANNER™ and an independent financial advisor. She has an MBA from University of Chicago and BA from Northwestern.

Securities offered through LPL Financial, member FINRA/SIPC. Financial planning offered through Modern Capital Concepts, a Registered Investment Advisor and separate entity from LPL Financial. Investing involves risk including loss of principal.

KhloeKarova