Title: 35 Recession-Proof Strategies, Mistakes To Avoid and Tips For Connecticut Parents To Pay For College

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Connecticut parents with children in high school who are distraught over rising college costs, decreasing home values and talk of a recession now have a free resource in plain English which gives over 35 financial aid strategies. Including filling out forms to qualify for the most financial aid, scholarships searches and using money-saving strategies to pay for college while continuing to contribute towards retirement funds.

According to college planning specialist Chris Rivers, CEO of Michael Hanley Group, during the college admission process parents of college-bound students are required to fill out tedious and time-consuming forms, assess their child's career options and make financial decisions with significant tax and retirement consequences without the hands-on guidance of a professional. This often means missed deadlines, minimum financial aid assistance and lower award offers from colleges.

This resource is a free and informative guide assisting parents with filling out the financial aid and admission forms, locating colleges that give generous financial aid packages and planning the method of payment for college. Tips and strategies in the free guide include:



1. Don't spend too much time on private scholarship searches: many parents fail to realize that private scholarships make up a small percentage of the total financial aid available while the majority is need-based and comes from the federal government, the college or university and the state in which they reside.



2. Be willing to negotiate your financial aid award: financial aid officers have flexibility in extending award offers. Feel free to cite specific offers from other schools. Telling your primary school about the amount of aid available at another school will let them know that your child is a highly coveted student.



3. Don't be afraid to apply to expensive private schools that offer a great education: most parents mistakenly discourage their child from applying to the more expensive private college due to the sticker price, however these are usually the schools with the larger endowment accounts and thus have more money available for scholarships.

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