Summit Credit Union: Free college financial aid workshops offered in Waunakee, Westport

FOR IMMEDIATE RELEASE

January 19, 2012

For more information, contact:
Cheryl Van Tessier, Finesse Public Relations LLC
(608) 467-4408, [email protected]

Amy Crowe, Summit Credit Union
(608) 243-5000X2834, [email protected]

MADISON, Wis. — Families of college-bound students may be surprised to learn that the out-of-pocket expense of sending their children to school will cost twice as much as tuition alone. Or that attending private colleges could save them thousands of dollars.

Summit Credit Union is teaming up with Legacy College Funding to help bring these and other college financial planning myths to light with two workshops: “College Planning Relief” and “College Funding and FAFSA” designed for prospective and current college students and their parents.

The College Planning Relief workshop will be held on Thurs., Feb. 2, from 7 – 8 p.m. in the community room at the Waunakee Summit Credit Union branch, located at 304 E. Main St., in Waunakee. The educational presentation will focus on the financial
aspects of college planning and will discuss how to figure out the true costs of college, strategies for paying for college and how to navigate the financial aid process.

The College Funding and FAFSA workshop will be held on Wed., Feb. 8, from 7 – 8 p.m. in the community room at the Westport Summit Credit Union branch, located at 5419 Blue Bill Park Dr., in Madison. The workshop will discuss the Free Application for Federal Student Aid (FAFSA) and help participants understand how their family finances affect their Expected Family Contribution (EFC), as well as how to reposition oneself to increase financial aid and pay less out-of-pocket.

Both workshops will be led by Mary Owen, licensed college planning relief specialist and founder of Legacy College Funding, and are free and open to the public. Workshop attendees will receive:

· A professional one-on-one assessment of their family’s financial situation

· A college tuition discount valued at $500 at participating universities

· The “ABC’s of Financial Aid” guide

Interested participants may attend either or both workshops and must register by calling (608) 441-3995 or e-mailing [email protected]

About Legacy College Funding:

Established in 2010 by Mary Owen, licensed college planning relief specialist, Legacy College Funding strives to empower families through college planning and knowledge of the financial aid process, making the dream of attending college attainable without exhausting family savings. For more information, visit www.legacycollegefunding.com/.

About Summit Credit Union:

Established in 1935, Summit Credit Union is a member-owned financial cooperative open to anyone in Wisconsin. Summit holds $1.6 billion in assets and has more than 120,000 members with a total of 23 locations throughout the Madison and Milwaukee areas. For more information, visit www.summitcreditunion.com or call (608) 243-5000 or (800) 236-5560.

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