Wed, June 14, 2023 11:30 AM
The #2 Biggest Mistake families make in the college process – is not calculating their SAI / EFC BEFORE they visit a prospect college
The problem with this is you and your student might fall in-love with an out-of-budget school. The worst thing that could happen is your student ends up committing to a school that is significantly out of your price range.
You and your student need to carve out a time to have the “Money Talk” where you come together and talk about your family’s college budget. When it comes to running your numbers, the best thing to do is head over the to the College and Beyond website and run our FREE College Money Report. This calculator will show you what prospective colleges expect you to pay for college each year, so that you can plan accordingly and have a realistic conversation with your student. With this tool, you can plan out which are the top schools that are in-line with your families budget, then schedule your college visits.
It’s better to have this conversation sooner rather than later because we want your student to be looking at and visiting colleges they can attend without bankrupting your family in the process.
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