Build Your Perfect College List: Module 1
Financial Fit Factors
In Module 1 of the Build Your Perfect College List program we will discuss the FINANCIAL FIT FACTORS that are critical for creating the foundation necessary to drive your whole process. Even if financial aid and the cost of college is not your primary concern, being an educated consumer will enable you to be smart and efficient throughout your family’s college journey.
REMEMBER: THE COLLEGE LIST DRIVES EVERYTHING!!
What good is it if your child gets into a school that you can’t afford?
The list of colleges your student applies to determines the admissibility, affordability, and workload that your family will need to follow. We will help you throughout this program to identify the criteria that is most important in order for you and your student to have options.
This video and exercise will provide you with the necessary factors you need to investigate so you understand what you’re comfortable with paying (or willing to pay) for college, what the government and colleges are going to expect you to pay for college, and how financial aid works.
Your Homework For Module 1:
Download the Financial Fit Factors Handout here.
- Get familiar with the key terms.
- Create a Paying For College Budget.
- Calculate your EFC (Expected Family Contribution).
- Estimate what you can expect from colleges your student is considering.
