Rancho Santiago Community College District’s Post

Please learn more about this important referendum!

It's essential for parents to be aware of the actual costs to plan for a realistic financial approach to higher education. We advise our clients to plan to spend $27,940 for public in-state colleges (including room and board), and $57,570 for private colleges. If you’re a parent or grandparent to a soon-to-be college student, make sure you’re prepared for the realistic financial expenses for this major life event. 🎓💸

Please find below how we are helping both school districts and industrial companies save significant money on electrical expenses while also providing data for more intentional facility management and sustainability initiatives. Please reach out if interested to learn how we can help you.

Take the worry out of soaring independent school fees by planning ahead and seeking financial advice. It's possible to make private education affordable with the right strategy in place. Start now and give yourself the best chance to secure your child's future education. Learn more: https://bit.ly/4cbpJ11 #PrivateEducation #SchoolFees #WealthManagement

When it comes to selecting the right college, families should start the discussion with money. With all the choices available, there are different ways to get a degree and the price tags associated with them vary significantly. Too often the funding element is left out of discussion until the end of the process, while we believe discussions should start before your child is ready to start looking at schools. Read our blog to learn more: https://bit.ly/3OA4qNq

Looking for ways to fund higher education? Grants can be a resource to help fund your pursuits and can be offered on both a financial need and merit basis. Read our latest blog on how to send your kids to college without getting buried in debt. https://hubs.ly/Q02zGBR80

It's 529 day. Thanks to recent changes, even if your child doesn't go to college, you now have other options to put the funds to good use. Under previous rules, money from a 529 plan could only be used for qualified education expenses for elementary, secondary, university, community college, and vocational schooling.    Beginning in 2024, unused 529 funds can be rolled over into a Roth IRA retirement account for the same beneficiary. There are some rules surrounding this conversion, so it is best to consult with a professional to understand the rules and requirements.   Although a Roth IRA is a retirement account, some contributions can be used for a few other things, tax-free. For example, Roth IRA rules allow account holders to withdraw up to $10,000 for a first-time home purchase without an early withdrawal penalty. Which means the flexibility to jump start their lifetime savings journey or help them with a down payment on their first home without penalty or tax. 

Tips on how to manage the college selection process, with affordability in mind...

States and districts must commit their last ESSER allocation by Sept. 30. Spending, however, can continue to Jan. 28, 2025 — or beyond for some. As the countdown begins, we listed some highlights of the historic infusion of funding into the nation’s schools. #ESSER #schoolfinance #educationspending

This is really unsettling, FWS and SEOG are key programs that help millions of students afford their education and gain practical work experience as a resume builder. If not for FWS, many financial aid administrators would not have gained the experience that propelled them into this career, including myself. #HigherEducation #FederalWorkStudy #StudentEmployment #NASFAA #FinancialAid