We are extremely excited about the addition of Kevin Connor as EVP, Advisory Distribution, to our growing PayForED team. Kevin has a successful track record in distribution and financial services. He comes to PayForED with extensive experience in general management, executive leadership, team building and talent development. “We are thrilled to have Kevin on board [...]
Being able to afford a college education for your children or grandchildren is one of the top goals for most parents and grandparents. This goal is becoming more difficult for most families. According to the Department of Agriculture report, the average cost to raise a newborn child in the United States is $233,610, and this [...]
As we approach tax season and more people have student loans, finding the best options to deduct their student interest charge is important. The question is how much student loan interest is deductible? Another analysis not often examined is whether I should give up the deduction? Since 2016, more student loan borrowers are using the Income-Driven [...]
Parents and students often find it difficult to understand the financial aid award letters they receive from each college. PayForED has developed a new program called "Decoding the Financial Aid Award Letter.” It is a series of blog articles, videos and webinars starting in January and will run through May. Our program will review the different aspects of [...]
We are extremely excited about the addition of Mike Lilley as Partner and Executive Vice President, to our growing team at PayForED Mike is responsible for Business Development in the Institutional Marketplace, including Employers, Financial Wellness Platform and the Benefits Broker/Consultant Community. Mike began his career with MetLife where he specialized in sales in the [...]
As we start 2019, many of us form new resolutions hoping to improve ourselves and our lives. Most of these resolutions focus on improving an aspect of our life or eliminating a bad habit. For me, I determine my resolutions by reflecting on the successes and challenges I have had over the past year. Just [...]
The PayForED App is here! Our easy five-step process allows families to customize a 4-year projection of college cost and student debt by each college. This solution is a powerful tool that helps parents and students navigate this complex decision easily. The PayForED App is geared to the parents and high school students who are [...]
Year End College Financial Aid & Student Loan Planning This is 2018 PayForED Year End Tips for College Financial Aid & Student Loan Planning. Our goal is to inform families and student loan borrowers of the various planning topics so that they can make financial adjustments before the end of year. As college costs and [...]
PayForED is offering a Scholarship Sweepstakes that will award $1,000 to a college-bound student to help pay for college. The Scholarship Sweepstakes will run between December 17, 2018 and March 1, 2019 with a scholarship winner chosen in late March. “We at PayForED recognize that information is key to making the best decisions about paying [...]