Welcome!College Admissions and Funding Night

www.capstonecollegepartners.com2029 Riverside DriveColumbus, OH 43221

(614) 754-7805

What are parents’ top concerns today?

1. Fear parent death before children are grown

2. Saving for retirement

3. Job security

4. Saving and paying for college

Presentation Topics

• 6 Steps to College Admissions & Funding• Ideas for successful admission• Tips for the Financial Aid process• Review the EFC Formula calculation used for

determining financial aid• A few examples of what “not to do”

financially• Case Studies –

– Example of financial aid candidate– Example of a non-aid candidate

Some Things You Might Want to Know About Capstone College Partners

• We provide “late-stage” Admissions and Funding advice to families with college bound high school students

• Our parent company: Registered Financial Advisory firm in OhioMembers of FPA & NICCPCCPS Credentialed Advisors

Joseph S. Messinger, CCPS, CLU, ChFC®

• 10 years in the financial planning field• Advanced Designations –

Certified College Planning SpecialistChartered Life UnderwriterChartered Financial Consultant

• Published articles on College FundingFinancial Planning Week in The Columbus DispatchParent Magazine

• Associations – Ohio Commission for Personal Financial EducationNICCP & FPA

• High School Graduate: $21,000

• Bachelor’s degree: $40,000

• Master’s degree: $52,000

*U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement

Median Income by Educational Attainment of the Population 18 Years and Over

Economic Benefit of a College Education

Compelling Stats from the 2010 OACAC Survey

• What is the average number of students with which a counselor works each year?

Answer: 303• How much time on average does a college counselor spend

with a student per year?Answer: 2 ½ hrs. (5 mins/wk)

• What percentage of counselors stated that the top concern expressed by parents is Financial Aid and/or Paying the Family Contribution?

Answer: 88%• What percentage of these counselors stated that they felt least

prepared for this exact topic (Financial Aid & Family Contribution?

Answer: 86%

6 Steps in the college admissions and funding process

1. Build your college resume2. Identify and apply to prospective schools3. Apply for financial aid4. Analyze financial aid offers5. Choose school and accept award6. Strategies for covering shortfalls

APPLYING

FINANCIAL AID

PAYING FAMILY

CONTRIBUTION

All part of a Comprehensive College Admissions and Funding Plan

Families have two choices:

TO BE USED SOLELY IN CONJUNCTION WITH THE PROFESSIONAL ADVICE AND COUNSEL OF A QUALIFIED FINANCIAL ADVISOR

1. Go it alone, but to achieve a best outcome you will require:

Time -

Effort

Expertise

Patience

2. Or seek help and support from qualified experts