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.
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
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.