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NewFed’s Brian Damico Dive’s deep into Ryan Mcsheffrey of Mill City Financial Partners and Scott Murphy of Newfed Mortgage: EFC or Expected Family Contribution calculated by: Assessable assets Income Re-managing your assets can add to your financial aid benefits How far in advance should be planning for your child’s college education? Which methodology is the school using to calculate tuition? Institutional – Most Privates Schools Federal – Most Public schools How can a home equity line of credit play into things? 5:1 arm Home equity line 15-30 year mortgage All of these reduce EFC Merit based vs need based aid Reach out to Ryan with any question 6173129820 ryanmcsheffery@hotmail.com Mill City Financial Partners This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.
Host Kevin Willett is joined by Ryan Mcsheffrey of Mill City Financial Partners to discuss the biggest mistakes people make when planning for financial aid for college. Audio file: ryanmcsheffrey.mp3
Host Kevin Willett is joined by Ryan McSheffrey from Mill City Financial Partners for a discussion about the Financial aid process. For more information please visit his website at www.millcityfp.com Audio file: millcityfinancialpartners.mp3