Don’t Forget This Crucial Step in the College Planning Process
When families think of college planning, they often jump straight to applications, test prep, or school visits. But there’s one vital step many skip: building a financial strategy before building the college list.
Why Financial Planning Should Come First
Choosing schools without knowing what you can afford—or what those schools typically offer in aid—is like shopping without a budget. You risk falling in love with a school that will put you in a financial hole.
Instead, reverse the process. Look at schools that meet your academic and career goals and offer generous aid for families like yours.
Start With These Essentials:
-
Determine your Expected Family Contribution (EFC) or Student Aid Index (SAI)
-
Learn how merit aid works and which schools offer it
-
Consider how different assets and income affect aid eligibility
-
Estimate 4-year cost—not just one year—and compare by net price
Why Most Families Miss This
Unfortunately, most families don’t even start this process until fall of senior year—long after the aid window starts to close.
With some basic planning, you can avoid overpaying and keep your student’s options open.
Contact Us Today:
Want help building a smarter, financially sound college list?
📞 Call us at 770-662-8510
📅 Schedule a free consultation: Book with Mike
Or visit our Contact Page: https://diversifiedcollegeplanning.com/contact-us/
