"Who will pay for college?" Financing your child's education is confusing on its own, and divorce adds another layer of complexity. Learn how divorce affects financial aid, costly mistakes to avoid, and what you need in your divorce settlement agreement to make college affordable. Listen to hear how colleges calculate what you are expected to pay, when 529 plans are helpful, what types of financial aid are available, and how to structure your divorce agreement to pay for less college.
Key Points:
- Understand the college's "expected family contribution" (EFC) and how divorce affects this important calculation.
- Hear about the best ways to use 529 plans - plus other savings options that divorcing parents may want to consider.
- Learn about each type of financial aid and how your decisions during the divorce can affect their eligibility.
- Find out how to negotiate a smart divorce settlement agreement that maximizes your child(ren)'s eligible financial aid, minimizes taxes and creates a fair split of college costs between you and your spouse.