Collegiate Funding Solutions Donates College Planning Software to Texas Tech's Personal Financial Planning Department  

Cary, NC (March 13, 2014) - Collegiate Funding Solutions (CFS), Inc. has recently donated 100 software licenses to the Personal Financial Planning Department at Texas Tech University to help train the next generation of personal financial planners on more comprehensive college planning services.

The college planning software will be available to students in Texas Tech's Personal Financial Planning (PFP) Dept., which will be including its use in several courses including the PFP Professional Technology and Capstone courses. The software will allow the PFP Dept. to help their students obtain more in-depth knowledge of the options available to consumers when they are considering college funding for their family members.

"We are excited to add Collegiate Funding Solutions software to our suite of software packages available to our PFP students," said Barry Mulholland, assistant professor for PFP. "The software will allow us to provide our students with more in-depth knowledge of the complexity that consumers face when they plan for higher education expenses. We anticipate using the software to help educate the students about the fundamentals of education planning as well as letting them use the software as they practice planning for clients in our advanced courses."

"The college planning paradigm for financial advisors is changing," says Roger Lorelle, president of Collegiate Funding Solutions. "With skyrocketing college costs that have inflated far beyond the CPI over the last 20 years, consumers want and need more than just college savings strategies from their personal financial planner. They want their personal financial planner to help them identify ways to reduce their out-of-pocket college costs and not compromise their retirement savings goals. Therefore, the college-planning paradigm is moving away from a strictly savings approach to a much more dynamic process that requires capability that current financial planning does not have. Collegiate Funding Solutions' collaboration with Texas Tech - widely recognized as offering one of the premier Personal Financial Planning programs in the country - will help train and equip the next generation of financial advisors so that they'll be better able to meet the needs of clients with college-bound children or grandchildren."

About Collegiate Funding Solutions

Collegiate Funding Solutions, Inc. is a leading provider of innovative and integrated web-based college-planning software, tools, educational resources and marketing support material for financial institutions and financial services professionals. For additional information on Collegiate Funding Solutions, visit www.collegiatefundingsolutions.com or call (919) 469-1996.