Could an Elite College Cost Less Than a State School? (Ep. 9)
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Could an Elite College Cost Less Than a State School? (Ep. 9)
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Could an elite private college cost less than an in-state public university? Can a middle-income family still qualify for college financial aid? The sticker price alone can’t answer either question.
In this episode, Brock Jolly, CFP®, talks about why families should compare a college’s net price before removing it from their list. He explains how need-based aid, merit-based scholarships, income, assets, and school-specific formulas can affect what a family may pay. Brock also shares five practical areas to review when comparing public and private colleges, including net price calculators, four-year costs, financial aid renewal, retirement, and plans for other children.
You’ll learn about:
- Why an elite private college may cost less than an in-state public university
- How need-based financial aid differs from merit-based scholarships
- How income, assets, real estate, and business ownership may affect college financial aid
- What to compare when estimating a college’s net price and full four-year cost
- And more!
Resources:
- Student Aid Index Calculator
- College Funding Workshops and Webinars
Connect with Brock Jolly:
- 703-424-2401
- Toll-Free: 800-969-2362
- Veritas Financial
- The College Funding Coach
- LinkedIn: Brock Jolly
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