College Financial Planning: Graduate School

Description

Today graduate school is almost a given for many students. Applying to graduate school is not the same as applying to an undergraduate program. Review admissions as well as the financial aid, loans and educational tax benefits.

We’ll also discuss how an increasing number of universities are requesting financial information from the students' parents, even though they are considered independent students.

Formerly titled: College Financial Planning: Graduate School - Admission, Financial Aid and Educational Tax Benefits

Highlights

• Applying to graduate school: admissions exams (GMAT, GRE, LSAT, MCAT)
• Financial aid forms: Free Application for Federal Student Aid; respective college financial aid forms; and personal, financial and college information required
• Funding graduate school: student, federal and private loans; employment; and family support
• Educational tax benefits: Lifetime Learning Credit; Student Loan Interest Deduction; qualified tuition plans (529 plans); Coverdell Education Savings accounts; U.S. Savings bonds; Section 127: Employer Education Assistance Plans; Section 2503; and IRA withdrawals for education.

Objectives

• Determine financial aid forms that are required.
• Identify available funding sources for graduate school and which ones to use first.
• Recognize the available educational tax benefits to students.

Designed For

CPAs, CFPs, lawyers and personal financial planners.