What is the student's name?
How much do you have saved for student's college expenses?
Will grandparents contribute? If so, how much in total over 4 years?
How much are you (the parents) willing to pay the school per month while the student is in school?
Is the parent willing to repay on a loan? If yes, how much are they willing to pay per month for the student?
Assumes 8.0% APR over 10 years.
Is the student willing to repay on a loan? If yes, how much are they willing to pay per month?
Where should we email this report? (A copy will also be sent to Student Loan Steve)
Based on your financial resources, the student should choose a school with this cost after all scholarships and financial aid have been applied.
Important
Choosing a school that exceeds your planned budget will require additional financial aid from the school or a larger financial contribution from the parent and/or student.
Use our "I need to Figure out How to Pay for College" service where we help parents strategically pay as little as possible for college. We review use of 529 accounts, student loans, private student loans and Parent Plus loans to see which makes the most sense. You will receive a report with the estimated costs for the student and the parent during college and after graduation.
