Learning Center

The Financial Planner's Guide to College Funding Advice 102: Advanced Strategies in College Funding

Product not yet rated

The Guide to College Funding Advice teaches a proven, step-by-step process for helping families manage their college-education investment. In the second part of this eight-module, self-study course, financial planners will take a deeper dive into the process and strategy around the College Pre-Approval™ process that identifies the client journey in college funding planning through the following modules:

Scholarships, Financial Aid Awards, and Choosing the Right School describes the process and strategy around the College Pre-Approval™ process that identifies the component steps of the client journey in college funding planning from setting a budget and determining a maximum student loan amount, to reviewing and appealing financial aid offers, and coordinating specific payments to the institution.

Tax Strategies and Advanced Options to Cover the Shortfall outlines tax strategies that mass-affluent and business-owner clients can implement to increase their college funding budget and widen the list of schools that students can attend without robbing clients’ retirement or taking on inappropriate levels of student debt.

Practical Applications of College Funding Concepts describes how to implement the concepts taught in the Financial Planner’s Guide to College Funding, providing real-case scenarios that identify how to strategically manage assets, cash flow, and tax opportunities to maximize financial aid and/or students' College Pre-Approval™ amount.

Tax Cuts and Jobs Act Update provides an update on the topics taught in The Financial Planner’s Guide to College Funding in terms of how it is impacted by the new tax laws passed in 2017, including a close assessment of how new regulation impacts the tax-saving strategies and tactics. This video provides the most up-to-date information to the Tax Cuts and Jobs Act since changes were implemented to the law. 

  • Review the basics of financial aid policy and student loan process to help clients determine an affordable college, and appropriate student loan amount
  • Create a family college budget to project a family's out-of-pocket cost at individual institutions, income and asset strategies to maximize financial aid offers, and cash flow planning for college
  • Review how the new tax regulation impacts college planning strategies and tools including updates for EE Savings Bonds, Coverdell Education Savings Accounts, 529 College Savings Plans, education tax credits, education loan deductions, the Child Tax Credit, asset and income strategies, the Kiddie Tax, income shifting strategies

Joe Messinger, CFP, ChFC, CLU

Partner & Director of College Planning, Capstone Wealth Partners, LTD

Joe Messsinger is a leading authority on late-stage college funding and frequently speaks to organizations and parent groups, such as NAPFA, FPA, and XY Planning Network. He started his own financial planning firm, Capstone Wealth Partners, because of his struggles at large national firms to find and provide good financial advice, especially in the area of college planning. The large national firms seemed to focus on product sales to clients. After months of soul-searching, Messsinger and his partner decided to strike out on their own in 2009 by forming an independent fee-only practice. They chose the name "Capstone" to reflect the new firm's focus on college planning. The word "capstone" refers to a student's final course of subject mastery in a higher education setting. They included the word "Partners" in the name to signify their intent with client relationships, a real partnership built on trust and not a one-time sales transaction. Now, with Capstone College Partners, Messsinger is on a mission to educate other financial planners to raise the bar on college funding advice and help end the student loan crisis one family at a time.

image

Key:

Complete
Failed
Available
Locked
Scholarships, Financial Aid Awards, and Choosing the Right School
Scholarships, Financial Aid Awards, and Choosing the Right School
Open to view video.
Open to view video.
Exam: Scholarships, Financial Aid Awards, and Choosing the Right School
5 Questions  |  2 attempts  |  4/5 points to pass
5 Questions  |  2 attempts  |  4/5 points to pass
Tax Strategies and Advanced Options to Cover the Shortfall
Tax Strategies and Advanced Options to Cover the Shortfall
Open to view video.
Open to view video.
Exam: Tax Strategies and Advanced Options to Cover the Shortfall
8 Questions  |  2 attempts  |  6/8 points to pass
8 Questions  |  2 attempts  |  6/8 points to pass
Practical Applications of College Funding Concepts
Practice Applications of College Funding Concepts
Open to view video.
Open to view video.
Exam: Practical Applications of College Funding Concepts
8 Questions  |  2 attempts  |  6/8 points to pass
8 Questions  |  2 attempts  |  6/8 points to pass
Tax Cuts and Jobs Act Update
Tax Cuts and Jobs Act Update
Open to view video.
Open to view video.
Exam: Tax Cuts and Jobs Act Update
5 Questions  |  2 attempts  |  4/5 points to pass
5 Questions  |  2 attempts  |  4/5 points to pass
5 Keys to Serving Gen X Clients with College Planning
5 Keys to Serving Gen X Clients with College Planning
Open to view video.
Open to view video.
Exam: 5 Keys to Serving Gen X Clients with College Planning
5 Questions  |  2 attempts  |  4/5 points to pass
5 Questions  |  2 attempts  |  4/5 points to pass
Evaluation
Course Evaluation
7 Questions
Certificate of Completion
Certificate of Completion
6.0 CFP CE credits  |  Certificate available
6.0 CFP CE credits  |  Certificate available