myCPE
myCPE

College Financial Aid “Secrets” Revealed 1 Credit

Mar 19, 2024, 11:30 AM ET

College Financial Aid “Secrets” Revealed 1 Credit

  • Rating

    4.6
  • Reviewed on

    January, 2024
  • Subject Area

    Specialized Knowledge

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Mar 19, 2024, 11:30 AM ET

Learning Objective

  • To analyze the financial aid system and learn how to maximize what your student can receive.
  • To identify the 529 basics and eligibility.
  • To determine how to find the best college matches.
  • To discuss some tips for divorced and separated families.
  • To discuss how to help families pay for higher education, and learn financial aid policies and strategies for reducing the cost of education through thoughtful planning techniques.

Course Overview

Parents of college-bound teens who are STRESSED out about paying for – and getting into – a top college owe it to themselves to attend this CPE webinar.  

This information is geared toward helping business owners, middle-class families, and others who mistakenly assume they cannot qualify for anything and lack clarity and confidence that they are looking at the right colleges for their children, whether or not they can get in, and have questions about the VALUE of today’s “hot” colleges.

Major topics covered in this webinar:

  • How to negotiate with colleges
  • Did you advise your client where to save for college
  • What to do at the 11th hour if you’ve saved in the wrong places
  • The counter-intuitive reason why an expensive private college can cost less than a so-called "cheaper" state university
  • The strange reason why high-income families have an edge when it comes to getting aid from colleges
  • Which types of savings accounts do NOT penalize you at all in the financial aid formulas
  • How an affluent family negotiated an extra $38,000 -- per year -- from the University of Pennsylvania...after Penn's so-called "final offer"
  • The 529 Savings Plan:  "friend" or "foe"
  • Legal "loopholes" business owners can use to unlock cash buried in their businesses
  • Why your high school's guidance department or "College Night" might SABOTAGE children's odds of admission or getting aid
  • Tips for divorced and separated families

In this CPE course, we will discuss how high-income families can comfortably afford college during these turbulent times without scrimping their lifestyle or raiding their retirement savings. 

Podcast Credits

Short Video Credits

On Demand Credits

Live Credits

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Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Andrew Lockwood
Andrew Lockwood

Founder, Lockwood College Prep

  • 4.6
  • rating
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I help high income business owners, student-athlete and other families get into America's best colleges and save 52.4% or more off "sticker price" - even if they think that they can't possibly qualify for anything.

I do not offer photoshopping or bribing services.

REAL SERVICES -Our approach is different than guidance counselors and other college consultants.

I coach teens through the college selection, application and essays process - after I identify each student's "wiring" and what that can translate into re: a place in the world for them *post-college,* where they can love what they do for a living (i.e. doesn't feel like work) AND get off mom and dad's "full ride" scholarship. :)

80% of college students switch majors, 50% of college graduates are UNDERemployed -- working in jobs that do not require a college degree -- and student debt is more than 1.6 Trillion. 

Which is why "winging it" or "hoping" isn't a winning strategy!

Each year, I personally mentor a select group of motivated, coachable students, who get into schools like Harvard, Yale, Stanford, U Michigan, UVA, etc. as well as community colleges and other "regular" colleges. 

Ironically, I don't care where they attend college; I have no other agenda than helping kids become as successful as possible, no matter what college they attend.

Most kids, parents and guidance counselors focus on the FOUR years of schooling instead of the 40= years that college ostensibly prepares you for. Not to mention the school's rank (easily manipulated), whether it has the "rah-rah" factor and whether you had a good "feel" when you visited (what the hell does that mean?)

What about quality of education? Internships? On-campus recruiting? 

FINANCIAL AID AND SCHOLARSHIPS - I prepare financial aid forms, advise on how to improve eligibility for need-based aid and identify merit scholarships for "regular" and highly credentialed kids alike.

BACK STORY - I attended Wesleyan University and St John's Law School. My father was a disabled freelance photographer who was not good at paperwork. I racked up more than $100K in student debt, I could have qualified for much more assistance. That's how this profession found me.

Kids today graduate with 3x or even 5x what amassed. But this is easily avoidable if you PLAN.

NEXT STEPS: If you want to learn more about our approach, visit, www.LockwoodCollegePrep.com. There's a place on that page to book a call with me, if interested. (I don't check messages here or on any social media platforms.)

Hope to speak to you soon.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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CM

Catherine Mccray, CPA (US)

For many Americans paying for college is a struggle. The instructor provided excellent advice/resources on how to assist our clients with pre-college financial planning and beyond.

RO

Rory Oconnor, CPA (US)

Never knew there were so many nuances to the financial aid process but glad I do now. The presenter was informative and engaging throughout.

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