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College Financial Planning
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This is a new page I am currently working on. When complete, there will be resources for families with children in elementary through high school to assist them in saving for college. Information about 529 Savings Plans, Coverdell Accounts and other savings options will be presented. Please continue to check back Resources for College-Bound Seniors Net Price Calculators In accordance with the Higher Education Opportunity Act of 2008 (HEOA), by October 29, 2011, each postsecondary institution that participates in Title IV federal student aid programs must post a net price calculator on its website that uses institutional data to provide estimated net price information to current and prospective students and their families based on a student’s individual circumstances. In most cases, this calculator will be located on the college's financial aid page so check there first. If your college does not have one set up yet, you may get an estimate using the generic calculator link (College Navigator) at the bottom of the list. Net Price Calculators for Colleges the Class of 2012 is applying to: Realistic annual earnings predictions for your chosen career path at O*NET Online Loan Calculators- This loan calculator from FinAid allows you to put in your total student loan debt to receive an estimate of what your monthly repayment schedule will be and the calcultor tells you what monthly gross income you will need to have to afford this loan. This estimate assumes that 10% of your gross monthly income will be devoted to repaying your student loans. This corresponds to a debt-to-income ratio of 0.7. Click here: Loan Amortization
LCS School Counseling Office LaFargeville Central School PO Box 138 20414 Sunrise Ave
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