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Plan for your kids college career  🚀

College Cost Optimize Roadmap

  • Models out different college funding scenarios
  • Give families a full picture of the spectrum of options available to them
  • See if loan forgiveness may be available to you
  • 100% free to get started
  • Your roadmap to the future

Plan for college the right way

Simulate and evaluate scenarios based on your kids aspirations.

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The "4 Levers Process"

We Break Down the College Demands Each Year - There are Four Levers families can use.

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How to deal with the residual debt ?

Based on your financial situation, we provide a roadmap to make sound decisions

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Think about it as a roadmap

Planning for college financing is a complex tax, our goal is to give you a clear roadmap of what alternatives look like

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Visualize monthly payment estimation

Get an idea of what would each scenario look like in terms of monthly payments

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Have more questions about financing college?

If you're unsure about anything, feel free to reach out to us. We’re here to help guide you through the process.

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Common Questions & Answers

There are several popular ways to save for your child's college education:

  • 529 College Savings Plan: This tax-advantaged account is specifically designed to help families save for college expenses. Many states offer tax deductions or credits for contributions to a 529 plan.
  • Coverdell Education Savings Account (ESA): Similar to a 529 plan but with lower contribution limits, an ESA allows your investments to grow tax-free when used for educational expenses.
  • Custodial Accounts (UTMA/UGMA): These accounts allow you to set aside money for your child’s future, but the funds become the property of the child when they reach legal age.

Financial aid can come in many forms, such as grants, scholarships, loans, and work-study opportunities. Here’s a breakdown:

  • Grants & Scholarships: These are forms of financial aid that don't need to be repaid. They're often awarded based on financial need or merit.
  • Loans: Federal and private student loans allow you to borrow money for your child’s education, but they must be repaid with interest.
  • Work-Study: A federal program that provides part-time employment to help students pay for college.

Repaying student loans can be done through various options, depending on the loan type and your financial situation:

  • Standard Repayment Plan: Fixed payments over 10 years. This plan typically results in less interest paid over time but higher monthly payments.
  • Income-Driven Repayment Plans: These plans adjust your monthly payments based on your income and family size, often extending the repayment period.
  • Loan Forgiveness Programs: Programs such as Public Service Loan Forgiveness (PSLF) may forgive remaining debt after you make a certain number of qualifying payments.

Beyond tuition, there are other costs to plan for, including:

  • Room and board (if your child will be living on campus).
  • Books, supplies, and course materials.
  • Transportation costs (whether commuting or traveling home during breaks).
  • Personal expenses such as meals, laundry, and entertainment.

Planning for these expenses in advance can help you avoid financial surprises.

Our blog

Is College Financial Aid a Fraud?

In July 2022 Slate published an article entitled, ...
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