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College Funding - the process by which we lower the cost of college by lowering the cost, or reducing the amount, of the money borrowed for college.
One area we examine on the "borrowed money" front is whether the family qualifies for and may be helped by our proprietary system that identifies the optimal borrowing methodology for the client family, once the net cost of college is determined. For instance, if a Student plans to attend $55,000 Georgetown and receives an aid award package of $30,000, the family may still need to finance $25,000. EFS illustrates for our client families and prospective client families ALL of their financing options, like paying cash, Ten-Paying, Stafford loans, PLUS loans, private student loans and the borrowing System we recommend - we then discuss the pros and cons of each to determine, jointly with the family, the best way.