Helping parents of college bound students navigate the
college process
‌
Greetings!

October 1st should be a date marked on the calendar of all parents with students in college next fall. It signifies the first day to fill out the Free Application for Federal Student Aid or “FAFSA” to apply for federal student aid.

Check out this month's blog for more.


Rick, Lyman and Andrew
Your biggest financial aid mistake
Why should all college students fill out the FAFSA? It’s not just used to determine federal grants; it’s also used to determine eligibility for federal loans and work study arrangements.


What expenses can I pay for out of my 529 plan?
For those taking distributions from 529 plans, the proceeds may only be used to fund qualified educational expenses. So what can be used and what can't?

(Note: Room and board are generally included if the student is enrolled as at least a half time student)
Student Corner
Factors to consider when choosing a college

You've probably already thought about academics, school size and location. What else should be on your mind as you consider different schools?
Got a question?
Do you have something on your mind as you go through the college process?

Don't be afraid to reach out!

Just click the link below to submit your question to us.
Feel free to pass this on to someone you know who may be interested. 

Rick Fingerman, CFP® , Lyman Jackson, CFP® and Andrew Holmes, CCPS™

Financial Planning Solutions, LLC
Creating your ideal tomorrow while living well today™
120 Wells Avenue, Newton MA 02459 
 617-630-4978 | 800-224-0132 
Financial Planning Solutions, LLC ("FPS") is a Registered Investment Advisor ("RIA") located in the Commonwealth of Massachusetts. FPS provides asset management and related services for clients nationally. FPS will notice file and maintain all applicable licenses as required by the various states in which FPS conducts business, as applicable. FPS renders individualized responses to persons in a particular state only after complying with all regulatory requirements, or pursuant to an applicable state exemption or exclusion. 
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