Presentation About Paying Less For College

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How To PayFor College $ The Financial Game for The Pie $	Presentation Page 2

Basic Ingredients Part I For the EFC "I Pay" Slice of the Pie
Family Size Age of Oldest Parent Assets of Student and Parents (Federal Methodology doesn't count residential home equity, Institutional Methodology usually does) Marital Status AGI--Adjusted Gross Income--of Student and Parents Taxes Paid	Tax Status Child Support Parents Base Year Retirement Account Payments (base year is the year the student starts as a high school senior Net Worth of Business Earned Income from Father and Mother # of Family Members (excluding parents) to attend college at least half-time

Knowing how to legally arrange, assess, reposition, reclassify, or retitle some of the above ingredients can lower the EFC "I Pay" slice of the pie! Which in turn could lower how much you have to pay for college! Obviously timing can be of the essence. Some things should be planned and executed before the base year, or at least before the base year ends. Other things, can be done as long as you haven't filed yet.

However, if your family is like any of the families on the next page, Page 3, you would not get any free money...

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