by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 27, 2023 | Exams
The College Level Examination Program (CLEP) may be the best deal in American post-secondary education. Non-traditional students such as those who didn’t go on to college directly after high school and now work full-time can earn college credits without taking college...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 20, 2023 | FAFSA
Submission of the Free Application for Federal Student Aid (FAFSA) is an essential step for all students seeking Federal, state, institutional, and private financial aid. To improve the financial aid process, the FAFSA Simplification Act was enacted by Congress on...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 11, 2023 | Financial Aid
Most families welcome any type of external financial aid that can help them afford college. Although they may not accept all aid offered to them, they prefer a wide array of choices. The FAFSA process is the best way to obtain aid from Federal and state governments,...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 15, 2023 | Tax Planning
Business owners hire their children for sound reasons such as instilling a strong work ethic, teaching responsibility, encouraging entrepreneurship, reducing taxes, and saving for a college education. The Tax Cuts and Jobs Act of 2018(TCJA) enables the last two of...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Nov 9, 2023 | Tax Planning
When grandparents do estate planning, they often want to provide for their grandchildren’s education. They seek to ensure that assets put aside for grandchildren are used to cover the costs of college and nothing else. Toward this end, they should consider adding a...
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