College Planning Report
Do you know how much you'll be paying at your child's top choice school? How about available scholarships? Financial aid? Find out all this and more! You can send your child to college without going broke in the process.
Required fields are marked with a *. Use estimates as needed.
Contact Info
This optional name field is used to identify your form submission to your financial advisor.
Student Information
Family Information
How many people live in your household, including the student?
How many children will be in college - including this student - at least half time, when student begins college? Minimum value is 1.
Tax Return Filed
Parents Marital Status
Parents' Income
When entering numbers, do not use commas or decimals. For example, if W2 income is $200,000 enter 200000
This would be found on 2021 IRS form: 1040 line 1+ Schedule 1 lines 3+6+ Schedule K-1 Box 14 (Code A). If any individual earning items are negative, treat them as zero.
This would be found on 2021 IRS form: 1040 line 1+ Schedule 1 lines 3+ 6+ Schedule K-1 Box 14 (Code A). If any individual earning items are negative, treat them as zero.
This amount is the total of 2021 IRS Form 1040, line 22 minus Schedule 2 line 2
The sum of: payments to tax deferred pensions & savings plans; qualified retirement plan deductions; child support received; tax-exempt interest: Foreign Income Exclusion: untaxed IRA distributions & pension other living allowances & other untaxed income & benefits.
This would be found on 2021 IRS form: 1040 line 11
Parents' Assets
When entering asset values, do not use commas or decimals. For example, if W2 income is $200,000 enter 200000
The sum of: savings, checking, money market, CDs, stocks, mutual funds, Coverdell Education Savings account, 529 College Savings & Pre-paid Tuition Plans and trust funds (in name of parent[s] only). Excludes real estate.
Student's Income & Assets
When entering income and asset information, do not use commas or decimals, as indicated above.
If student is in college now, do NOT enter Work-Study here.
Same as for parents.
The sum of: cash, savings, checking, real estate, investments, net worth of student's portion of any (include UTMA/UGMA).
Other information
Report the total value of parental assets held by the student's parents in the names of the student's siblings who are under age 19 and not in college. This includes funds in custodial accounts, Uniform Gifts to Minors accounts, or any other savings and investment accounts. Do not include funds in Section 529 college savings or pre-paid tuition plans. You should only include parental assets held in siblings' names, not assets actually owned by the siblings.
State the College is in
College Annual Inflation