Issue link: http://www.insightdigital.biz/i/320427
32 | I nsIgh t • J u n e 2 0 14 w w w . i n s i g h t o n b u s i n e s s . c o m HigHer eDUC ATiON kindergarten," says schoelzel, who offers programs at area schools. All students heading off to college – and those already there – are encouraged to fill out the Free Application for Federal student Aid, or FAFsA, annually. is document is sent to any colleges the students are interested in attending. e FAFsA does not take into account the value of a family's primary residence, the value of a designated retirement account or the equity a parent may have in a business unless it has more than 100 employees and he or she owns more than 50 percent of it. schools then put together individual financial aid packages consisting of work study, student loans, family contribution, grants and scholarships, Rohan says. It's at this stage – if not before – that the tough conversations start, says sara Beth holman, director of financial aid for Lawrence University in Appleton. some parents may talk about taking out a loan to help a child pay for college, borrow from a retirement plan or take out a second mortgage, she says. "I have to raise the point that if they take money from their retirement account, what will they do when they retire? You can't take out a loan for that. I also point out that if they use a Network Reunite Explore Meet in the FOXCITIES Come Together Begin your planning at foxcities.org • Groups of 10 to 2,500 • 15+ Facilities with Affordable Meeting Space • Downtown hotels are just steps from great dining, nightlife and shopping • FREE BUREAU SERVICES 10 45 21 151 41 41 43 94 WISCONSIN 10 41 LAKE WINNEBAGO NEENAH MENASHA KAUKAUNA APPLETON FOXCITIES College Costs in Northeast Wisconsin Estimated costs and average aid amounts are for the 2013-14 school year. School Type estimated cost* Average aid amount** Lawrence University Private 4-year $49,722 $33,730 St. Norbert College Private 4-year $38,498 $20,341***** UW-Green Bay Public 4-year $17,298 $10,711 UW-Oshkosh Public 4-year $18,608 $9,218 UW-Fond du Lac Public 2-year $5,175 $6,634 UW-Sheboygan Public 2-year $5,096 $6,307 UW-Marinette Public 2-year $5,095 $6,461 UW-Fox Valley Public 2-year $5,025 $6,700 Fox Valley Technical College Technical $3,300*** $5,233**** Note: The average amount of aid received by students attending two-year UW colleges exceeds the total cost of tuition and fees because the total average cost of attendance for Wisconsin resident students living with their parents is $13,510. * includes tuition, fees and room and board (if appropriate) costs ** includes grants, loans, work study and scholarships *** FVTC charges per credit; this is based on 12 credits, which is typically defined as full-time; does not include fees or books **** Average for the entire Wisconsin Technical College System ***** According to Campus Explorer.Com