As your children get closer and closer to graduation, that education cheque is slowly becoming your reality.
In this episode, Josh Leonard is joined by Dan Cieniewicz aka The College Dude, to discuss all things saving for college. They emphasize the need for parents to come up with a budget and consider sources of funding for college including the FAFSA process and recent changes to it.
Dan and Josh discuss:
- Retirement benefits grandparents can receive through paying for their grandchildren’s education
- The challenge of integrating grandparents into the conversation about college funding
- The importance of scholarships, grants, and choosing the right school for each student
- The FAFSA Simplification Act and its implications for grandparent-owned 529 plans
- The four fits and factors you need to consider before choosing a college
- And more
Related: Are You Thinking About Un-Retiring?