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You > Financial Planning Strategies

College Planning

Canandaigua National Bank & Trust recognizes that college tuition is among the largest financial expenses that you and your children will incur.  CNB can assist you in this process by providing education and advice on a variety of decision factors.

Benefits of CNB's College Planning Solutions

  • Financial strategies for saving and preparing for future tuition expenses
  • Objective education and advice on your child’s college selection process.
  • Identification of colleges that meet your academic and experience criteria at varying price points
  • Assistance with completing and reviewing the Free Application for Federal Student Aid (FAFSA)
  • Review of Financial Aid Packages received and negotiation techniques to request additional aid
  • Review of funding options available 

How Much Does College Really Cost?  

2011-2012 Annual Undergraduate
Prices of Tuition, Room and Board

 College Chart 2014

History shows that as enrollment increases, so does the price.   

Over the last ten years (2002-2012), prices for tuition, room, and board have increased significantly:

  • Public institutions increased 40%
  • Private (not-for-profit) institutions increased 28%

College enrollment reached record levels in 2010, and over the ten-year period of 2001-2011, enrollment increased by 38%.

  • Enrollment is expected to set new records, projecting to rise 13% over the next decade (2011-2021).

Source: U.S. Department of Education, Digest of Education Statistics, 2012  

Contact us

Let's review your plan and find a solution that works for you and your children. 

T Benner

 Donna L. Cator

Thomas W. Benner
VP, Financial Planning Officer
585-419-0670 ext. 50689
TBenner@CNBank.com

Donna Cator, CFP®
VP, Financial Planning Officer
585-419-0670 ext. 42220
DCator@CNBank.com