Many college students who own small businesses are confused about how to calculate their EFC. If you’re one of those students, then College Planning Experts (818-201-4847) is your gate to acquiring financial support and calculating your EFC.
When it comes to financial aid, few things cause more confusion than figuring out how the value of a family’s business is factored into the calculation of the student's Expected Family Contribution (EFC).
The truth is, if you start a business and your college-bound teen is taking advantage of that by running the business as a side gig, you might be contributing to their EFC in a way that you don't realize. Fortunately, College Planning Experts is here to help you figure out how to calculate your EFC so that you or your child can still acquire federal student aid when applying for college.
With their new EFC planning services, you can get personalized expert advice and guidance on college financial aid application processes. College Planning Experts helps your clear up the confusion caused by the many factors that affect EFC calculation, including income, assets, the number of household members, and the number of students that applied to college during the award year.
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With over 18 years of experience as a renowned college preparation consultant, College Planning Experts assists parents, students, and small business owners in navigating the scholarships and grants available for them or their children. Its recent services allow it to work closely with each student to find out their eligibility for federal student aid.
As college tuition and fees continue to rise faster than inflation rates, it becomes harder for working students and student entrepreneurs to fully fund their own education. To counter that complex issue, College Planning Experts has directed its resources and expertise towards helping the business owners college students in Illinois plan for FAFSA, manage their EFC, save for college, and plan college expenses.
Some of the resources that the company offers to assist parents in the college preparation process include online workshops on avoiding common FAFSA application mistakes, identifying top colleges based on students’ interests, and how to lower college expenses.
Further, College Planning Experts can maximize students’ opportunities for acquiring financial support through their financial aid form preparation, financial aid coaching, strategic college funding, and awards analysis and appeals services.
About College Planning Experts
Headquartered in Northridge, Los Angeles, College Planning Experts is a team of former financial aid officers and private college admission consultants with over 18 years of experience in serving the local communities in Illinois and California. Since 2004, the company has helped over 5,000 students get accepted for various scholarships and grants.
A spokesperson states: “The first mistake that business owners make is assume they won’t qualify for financial aid due to their income. However, that’s not necessarily true. There are various strategies to acquire financial aid and grants regardless of income or assets. Here at College Planning Experts, it’s our job to help you get qualified for FAFSA, scholarships, grants, and all the financial aid you need.”
If you’re concerned about the cost of college education for you or for your child, don’t hesitate to contact College Planning Experts at 818-201-4847 to find out more about the best way to acquire financial aid.
Start preparing for college admission today by visiting https://collegeplanningexperts.com
