Over the last 15 years, Summit College Funding has been national recognized for their expertise in college financial planning as well as college academic planning.
Our goal is to educate as many people as possible on the college process so they can build a successful college solution without jeopardizing their financial future.
As financial professionals, we never thought we would encounter anything that people fear as much as taxes, but alas, we have… FAFSA!
For those of you who have not yet sent a child off to college, FAFSA stands for the Free Application for Federal Student Aid. The purpose of FAFSA is to determine the Expected Family Contribution (EFC), which is the amount of money a family will have to pay for college for the current academic year before they can be considered for need-based financial aid. EFC has four components – parent income, parent assets, student income and student assets.
Although guidance counselors typically start engaging students in the preparing-for-college process quite early in their high school careers (as early as freshman year), parents will often avoid considering how they will pay for it until senior year, when FAFSA is looming.
Current statistics show that 89% of families who apply for financial aid will receive it, so don’t delay in educating yourself about the process, and how to position your family for maximum eligibility.
Testimonials
What are they saying
Judy L.
Parent
We had a grandparent who recently died and left money for the kids. You feel that you're not going to get anything and Summit was actually able to help us reduce the famous thing called an EFC.
Laurie O.
Parent
We met with Summit for a free consultation and we're very impressed. We feel very confident in what they have done for us and we honestly wouldn't go anywhere else.
Diane M.
Parent
They helped introduce me to ways I could determine which colleges might be able to give us the kind of support we needed. They talked to me about how to manage the limited finances that I had. They helped me work with the college financial advisors to gain the best financial support for my daughter. They actually made a way for my daughter to attend the college of her dreams.
Jamie G.
High School Counselor
As a high school counselor I am pleased to work with summit for a lot of reasons. My expertise is only limited to certain things and it's difficult to advise families and students for college funding when it's not really my area that I am well-versed.
Peggy J.
Parent
When I first begin working with summit for college planning services, I received a hidden benefit as they reviewed our tax returns. We noticed that there was a tax savings if I would restructure my business that would impact not only our tax rates but also our expected Family Contribution for college.