Preparing for the Cost of College | Brian Eufinger
Episode 460
Episode Guide
Episode Timestamps
I teach investors how to analyze businesses so they can invest with confidence.
Brian Feroldi started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his knowledge about the stock market grew.
In 2015, Brian became a writer for the Motley Fool. He has since written more than 3,000 articles on stocks, investing, and personal finance. Brian lives in Rhode Island with his wife and three kids.
Where to Find Me
Why Does The Stock Market Go Up
Everything You Should Have Been Taught About Investing In School, But Weren't
Find on AmazonIn this episode: financial aid, college planning, standardized tests, optional tests, meeting needs, and preparation.
This week we are re-joined by Brian Eufinger to discuss ways to best prepare your children for college admissions, navigating the new changes to FAFSA and the CSS profile, and how you can maximize prepping for your child’s higher education. While college prep can be stressful for students, from maintaining their GPA to taking multiple standardized tests, it can be just as stressful for parents to figure out financial aid and how to best set up their child for success before and after graduation. However, knowing the factors to consider early on and having the knowledge in advance can make this process far less daunting! While stressful as it may be, remember that there are many different resources available to you and your child that give you the knowledge that may alleviate the pressures that come with college prep and financial aid!
[elementor-template id="143609"]Brian Eufinger:
- Free diagnostic mock SAT and ACT tests (each weekend): www.edisonprep.com/mocks/
- Free information sessions on college admissions (6-7x / year, including one on 11/14 @ 7pm EST): www.edisonprep.com/infosession/
- How to self-prep for the SAT/ACT: gettestbright.com/self-prep-for-the-sat-act/
- Edison Prep Bios: www.edisonprep.com/bio/
Timestamps:
- 1:06 - Introduction
- 4:53 - The Impact of Merit Aid
- 11:49 - When, Where, and How to Think About Standardized Tests
- 18:33 - The Intersection of The School, Price, Opportunity, and Comfort
- 25:20 - Standardized Tests and The Reality of Preparation
- 31:08 - Tests (Not) Optional
- 37:32 - Governmental Forms and Financial Aid
- 46:43 - The Variance of Need Meeting and Aid Changes
- 51:13 - Preparation and Knowledge With College Planning
- 55:23 - Non-Academic Path to Savings
- 58:14 - Conclusion
Resources Mentioned In Today’s Episode:
- Demystify College Scholarships | Brian Eufinger | Edison Prep | ChooseFI Ep 114
- Hacking The FAFSA | Brian Eufinger And Seonwoo Lee | ChooseFI Ep. 154
- Major Financial Aid Changes Coming: What Families Need to Know
- FAFSA Changes Are Coming: What You Need To Know
- Big J’s Very Brief Guide to the FAFSA and CSS Profile
- How the FAFSA Simplification Can Impact Your Financial Aid
- Summary of Changes to the 2024-2025 FAFSA
- The $100K Glorified Sleepaway Camp | Millionaire Educator | ChooseFI Ep 386
- Subscribe to The FI Weekly!
