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College Aid Calculator(R) Helps College Financial Planners Boost Services, Reduce Costs; College Aid Calculator slashes time required by planners and CPAs to develop financial planning strategies for students and their parents.


DRESDEN, Maine Dresden is a town in Lincoln County, Maine, United States that was incorporated in 1794. The population was 1,625 at the 2000 census. The town was originally settled in 1752 under the name Frankfort  -- Think Ahead, Inc., a developer of college financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 tools that help financial planners Financial Planner

A qualified investment professional who assists individuals and corporations meet their long-term financial objectives by analyzing the client's status and setting a program to achieve these goals.
 become experts in college planning, announces that professional college planners have found that its College Aid Calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well.  software application helps them improve services to parents while reducing overall costs. Financial planners and CPAs use this software to help families obtain more information about the costs of college, estimate anticipated financial aid, and compare and contrast anticipated aid packages. Many college financial planners have used the tool to help build their financial planning practices.

"I used to use spreadsheet software to develop reports comparing financial aid prospects for parents, but College Aid Calculator has slashed slash  
v. slashed, slash·ing, slash·es

v.tr.
1. To cut or form by cutting with forceful sweeping strokes: slash a path through the underbrush.

2.
 the time I need to spend, while providing more accurate data," says Larry Dannenberg, Principal, College Solutions. "I save at least 10 hours a week by using this tool, in part because I no longer have to update my spreadsheet for every variation in rules and regulations - College Aid Calculator does all of that tedious work for me, and allows me to spend more time focusing on my customers' needs."

Most financial planners charge customers between $100 and $200 an hour; the time saved by using College Aid Calculator enables them to pay back the cost of the tool in less than one week. The software provides comprehensive answer keys for FAFSA FAFSA Free Application for Federal Student Aid (US Department of Education)  and PROFILE aid forms, which help college financial planners and CPAs guide their customers more efficiently and effectively. In addition, the software quickly and easily creates reports that calculate and compare aid eligibility for up to five colleges, side-by-side, simultaneously. Planners can work with parents to select from a list of thousands of private and public colleges to create customized, useful reports.

"We provide it as a free download to visitors of our website and then encourage them to complete the data entry and email us the encrypted en·crypt  
tr.v. en·crypt·ed, en·crypt·ing, en·crypts
1. To put into code or cipher.

2. Computer Science
 data record that the CAC See Consumer Advisory Council.  provides. This allows us to thoroughly analyze the prospect's college funding profile before they come into our office to meet for a consultation," says Tom Bottorf, President and Founder of GetCollegeFunding, Inc. "This single tool has increased the efficiency and effectiveness of our consultations beyond measure - and significantly differentiates our company from the competition."

"For me, as a fee-only college funding planner, CAC properly identifies the various aspects of the family contribution methods," says Fred Amrein, Amrein Financial. "It allows me to develop the best strategies to lower my clients out of pocket cost of education.

Unlike some freeware Software that is distributed without charge and which may be redistributed without charge by its users. However, ownership is retained by the developer who may change future releases from freeware to a paid product (feeware). See shareware, free software and public domain software.  calculators available on web sites, College Aid Calculator is continually updated with every new federal regulation, so that financial planners can provide parents and students with the most up-to-date and accurate information. Planners and CPAs can brand the product with their own logos, which has helped them develop and enhance their identity with their customers.

About Think Ahead, Inc.

Founded in 1996, Think Ahead, Inc. is nationally recognized for producing high quality college financial planning tools, including College Aid Calculator, a tool that helps parents with high school students understand options and next steps in financial aid; Early college-cost Estimator, which helps parents with young children explore college financial planning options; and College Cost Forecaster, which addresses comprehensive 529 saving/borrowing/cash-flow issues. These products meet the needs of families planning for college and provide user-friendly marketing tools for state higher education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 agencies, lenders, colleges and universities, as well as financial planners and CPAs. For more information, call 800-780-0515 or visit www.CollegeAidCalculator.com.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 8, 2006
Words:578
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