-CBRG explains financial aid eligibility when dealing with divorced parents-
Roseland, New Jersey – Funding for college is a stressful task as it is, but it can be even more stressful when the parents of the student are either going through a divorce or are already divorced. Steven Sirot and David Slater, Co-founders, CBRG, were recently quoted by US News and World Report.
The article, “3 Important College Funding Questions to Answer During a Divorce,” discussed many important areas to consider about college funding both during a divorce and after. Parents need to discuss who will take ownership of the accounts and what the tax implications will be.
According to Steven Sirot, Co-founder, CBRG, some colleges want more than just FAFSA when determining financial eligibility. “Over one-third of all colleges ask for additional financial aid forms, which do include the noncustodial parent’s financial information.”
Click here to read the article in its entirety.
Co-founded by Steven Sirot and David N. Slater and joined by their partner, Certified Educational Planner, Janet Loren, CBRG demonstrates how a private and/or public education is affordable and attainable and allows hard working families to hit a “home run” in finding the right school, academically, socially and financially, for their child. CBRG also assists with the filing of financial aid forms.
“We are different from other college planning services in that we offer “harmonization” of financial, educational and social guidance for the entire family,” says Steven Sirot.“We meet jointly with students and parents to develop a college game plan that works for everyone. Too often college students attend a school because their friends are there, or it is the so-called ‘hot school’ that is on everyone’s radar, without any consideration of whether the school is right for them or the long-term effect it will have on family finances. We work hard with the entire family to let students know that going to college is a responsible decision that affects the whole family, and there are no ‘free rides.’ The student will be responsible for their academic success in college, which includes graduating in four years, and for paying back of some loans that may need to be taken out in their name.”
For more information, please visit: www.cbrg.info
