9 Financial Advisors And Resources For College Students

College is undoubtedly expensive. Depending on the school, tuition costs upwards of $30,000 annually! This price doesn’t even include the cost of room and board, transportation, or everyday living expenses.

Grants and financial aid options indeed make college more affordable for many students. However, navigating the maze of borrowing programs, scholarships, and other economic opportunities can quickly get complex.

This post will cover some things you should look for in financial advisors and reveal a couple of financial resources that can make the college funding process much smoother. Let’s get right into it.

3 Things to Look for in a Financial Advisor

When hiring a financial advisor, you’ll want to ensure that the one you choose is the best fit for your family and has the necessary designations to help you make the best financial choices. Here are some qualifications to look for in potential college financial advisors.

1. CCFC (Certified College Financial Consultant)

A CCFC (Certified College Financial Consultant) is typically a Certifed Public Accountant (CPA) or Certified Financial Planner (CFP) specializing in education funding.They are also very well-versed in various topics on educational funding, including: – Student loan – Education credit – Tax consequence

2. CSLP (Certified Student Loan Professional)

Perhaps you’re not so interested in exploring various grants, financial aid, and scholarship options to assist with the college funding process. Maybe you want to focus on how to organize the best student loan schedule so that your child won’t be carrying the weight of debt for the rest of their life.

6 Financial Resources

6 Financial Resources

1. College Aid Pro

College Aid Pro’s mission is to end the student debt crisis once and for all. They created software that aims to demystify financial aid for college and helps students find the lowest costing college so they can graduate debt-free and lead better lives.

2. StudentAid.gov

Known initially as StudentLoan.gov, StudentAid.gov is a website that provides you with tons of helpful information regarding applying for financial aid.

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