College Guide Releases Student Aid Budgeting Module

April 02, 2007 (PRLEAP.COM) Lifestyle News
Richmond, Virginia – SayStudent.Com, the Richmond, VA-based college student financial planning portal, is promoting their newly released College Budget section which was developed to help families manage cash flow while their student attends college. Downloadable budgets, worksheets, and related financial information have been made available for free through this site.

"Today’s families are in somewhat of a dilemma when it comes to educating their children," remarked Krayton M Davis, Executive Principal of nBuy Associates the business behind the SayStudent.Com web site. "Once a child comes of age, the full weight of providing education to their offspring falls squarely on the shoulders of the family. With college costs rising much faster than the rate of inflation, it can become a struggle to finance a college student’s education. We developed our online Student Budget module to help families plan for college by putting the tools that they need right in their hands," added Davis.

The module consists of nine points families may want to consider as they plan their child’s education. Accompanying worksheets, viewable with Microsoft Excel or Google Spreadsheets, can be used to plan and track college-related expenses.

The first component of the student budget module consists of a school budgeting worksheet followed by annual and monthly budget guides. Additional points such as, check the financing gap, budget management, expense recording, net spending, managing shortages, and other budgeting tips round out the module. Along with each step useful tips and links are included to assist families as they work through the budgeting process. Quick reviews, summary guides, and education guides are easily accessible within the module as well.

"Recognizing that many families will decide to tap the equity in their homes or have their child bear some of the costs of their education, we have provided on-site links for information about home equity loans, student loans, and other financing options too," concluded Davis.

Additional smart guides and planning tips are available for families through the SayStudent.Com website.

About SayStudent.Com

SayStudent.Com is part of the SayLending financial network operated by nBuy Associates of Richmond, VA. The company covers a full range of personal financial options from home loans, refinancing, auto loans, credit cards, and more.