College Funding Plan Detailed At EduFunding.com Helps Ease The Burden Of Skyrocketing Tuition Fees
Online, September 11, 2011 (Newswire.com) - Families send their kids to college the belief that college education can open doors to future success and happiness. However, the glaring truth is that college in the United States is expensive. In fact, college tuition increases on average 7% annually and only 1 in 4 students are graduating on-time.
While financial aid systems exist, they are too complex and confusing that 90% of requests are submitted with errors or inconsistencies, causing delays and losses in college grants and awards. Moreover, The reality is that most financial aid awards come in the form of loans that fail to relieve the burden of paying for college. Owing to these factors, the family's financial plan becomes drastically and seriously impacted.
Education Funding Specialists, Inc. understands the efforts in making the best possible college experience available for a child. Founded nine years ago by Certified College Planning Specialist (CCPS) Pierce Mahar, the organization serves the needs of families with the intent of providing them with strategies for effective college funding.
Through its website EduFunding.com, Education Funding Specialists, Inc. offers expert help to parents and families find and learn some of the most important and best possible methods to finance their child's college education without altering retirement plans.
"The age old financial aid formulas may not accurately reflect what a household can really afford. To address this pressing issue, EduFunding.com offers a unique process to help find money and assistance for college that parents never thought existed. Taking the time to understand this process and taking control is key to reducing college costs," Mr. Mahar says.
According to EduFunding.com, over $100 billion dollars in college scholarships and financial aid are available every year, with 20% of it in the colleges' own coffers. As such, knowing what colleges have it and how to get it is crucial to the process and to the family's financial security.
Using a proprietary "student positioning" concept, families can pay for college using strategies to increase cash flow, save thousands in yearly tuition expenses, and utilize tax and investment savings - all potentially making college education a financial "non-event."
Families wondering how they can send their children to college during the tough economy can visit http://www.edufunding.com for more information.
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