Free College Financial Planning Night set

Parents, is your child heading to college soon?

ABS Financial Group is offering a Free College Financial Planning Night to be held from 6:30 until 7:30 p.m., Tuesday, Nov. 3 at the office at 4811 Lebanon Pike, Room 102, Hermitage.

Reservations are required to attend. Seats fill up quickly so call early to reserve your place at 883-8828.

The workshop will focus on high school sophomores, juniors and seniors.

Officials will discuss the FAFSA form and all the other information you need to understand to maximize the amount of financial aid you are eligible to receive.

Even if your family is not eligible for need-based aid, officials will cover the best strategies on how to pay for college on the most tax-efficient basis without putting a strain on the rest of your finances. In this workshop you will learn:

• How to increase your tax deductions and tax credits• How to pick colleges that will give you the best financial aid packages• How to send your child to an expensive private university for less than a state school• Which assets are taken into consideration when the U.S. Department of Education calculates your Family Contribution • How to pay for college in a failing economy without relying on 529 plans, expensive private student loans or raiding your retirement accounts• How to get ahead by developing a customized plan to meet all the college costs you will incur as a family• How to lower your “out-of-pocket” costs and get the maximum amount of money from each school.