Funding For College - College Funding Solutions That Financial Aid Officers Won't Tell You About

So you need some real college funding solutions?much to be eligible for any free money. Yet there
I understand how you feel. In fact, I've been helpingare ways to plan ahead and to fill out those forms
my concerned clients for years with unique ways tocorrectly that may well make your child a prime
find funding for college. Let me share with you somecandidate for financial aid.
of the college funding secrets the financial aid officersBut don't count on high school guidance counselors to
won't tell you about.tell you about it. They don't know any of the secret
Using these secrets, you won't have to spend yourstrategies. As much as counselors care about kids,
life savings just to send your child to college. Nowthese strategies are really beyond the scope of their
don't misunderstand me. I'm all for sending them offcapability. If they could, they would tell you to...
to college. But why not at least get all the financial2) Transfer wealth from "countable" assets to
aid money you can? After all, you have your own"uncounted" assets.
retirement to prepare for as well.Only certain assets count as family wealth for
You don't think you qualify for financial aid? Thinkdetermining how much financial aid your child can get.
again. There are many ways in which people canThe trick is to transfer your wealth into assets that
arrange their finances so they will qualify for financialdo not count against you for purposes of financial aid.
aid. Even if you think you make way too much,One of those assets is Cash Value Life Insurance.
chances are excellent that you can still qualify forLife insurance? Yes! It's one of the best kept college
financial aid.planning secrets around. Here's how it works:
You just need to use a few powerful college fundingYou "overfund" your cash value life insurance (the
solutions secrets that will make a real difference totraditional variety). This will allow its value to
your financial health.accumulate on a tax-deferred basis. You'll also be able
What are these secrets? Let's start with these two:to withdraw the money tax free later. If you choose
1) Don't assume you make too much money to getyour life insurance policy carefully, you can get safety
financial aid.with a decent rate of growth. And if your child ends
This doesn't sound like a secret, but it is. Most peopleup not going to college, the money will basically
who have accumulated any wealth at all have no ideatranslate into tax free retirement funds -- for you.
that there are advanced ways to qualify for financialAnd here's the big bonus for this college planning
aid.approach - you get all that extra life insurance
After all, the financial aid forms are practicallyprotection as part of the bargain!
designed to make you believe you're earning too