Completion of the data form below is the all-important first step in enabling www.MyCollegePlanning.com to help you put a plan in place that will result in you saving on and not just for college costs
Note for divorced parents - In the sections that follow, if the parents of the student are divorced and remarried, include information for the custodial parent (The custodial parent is the parent with whom the child lived the most during the past 12 months - even if parents have joint custody) and the step-parent. If the parents are not remarried, only include information for custodial parent.
Note - If your student is a senior in high school in 2018/2019, income information from your 2017 tax return will be used to determine your financial aid eligibility for their freshman year in college.
Sum each of the following amounts that apply to your situation and enter the total above:
Important note - tax deductible contributions to qualified retirement plans will be added back into income for calculating Expected Family Contribution
Note - In this next section you will be asked for the value of assets. Depending on your responses, you will also be asked: "Dollar amount allocated for college for student in question?" This refers to the student described in the Student Information section at the begining of the form. Some assets that are allocated for college may be intended for more than one child. Therefore, when asked "Dollar amount allocated for college for student in question?", only include the amount that is available for the student for whom the report is being generated.
Enter the location of the school you would like to evaluate.