529 vs Other

529 Plans vs. Other College Savings Options Section 529 plans can be a great way to save for college–in many cases, the best way–but they’re not the only way. When you’re investing for a major goal like education, it makes sense to be familiar with all of your options. U.S. savings bonds U.S. savings bonds […]

529 Eligibility

529 Plans and Financial Aid Eligibility If you’re thinking about joining a 529 plan, or if you’ve already opened an account, you might be concerned about how 529 funds will affect your child’s chances of receiving financial aid. Of all the areas related to 529 plans, financial aid is perhaps the most uncertain, and the[…..]

Scholarships

Finding Scholarship Opportunities The vast majority of the nation’s institutions of higher learning offer various types of scholarship, granting money to college students based on a host of criteria such as academic merit, financial need, and in some cases, racial or ethnic background. Although the application process can be complicated and redundant between scholarships, a[…..]

Aid, Grants & Loans

Additional Sources of Financial Aid for College Even if you haven’t been able to save all the money you need for college, several alternatives exist to help you make up the difference. Financial assistance comes in many shapes and sizes – from scholarships and grants, which do not need to be repaid, to federal loans,[…..]

Funding Strategies

Create a College Funding Strategy With all the other expenses competing for your monthly income – mortgage, car payment, 401(k) plan contribution, and the like – carving out a small sum of money to save every month for college isn’t easy. However, the earlier you start the more you’re likely to accumulate. Let’s compare two[…..]

Cost Increases

The Skyrocketing Cost of College Despite a decade of low inflation, the price of higher education has seemed to defy gravity. According to The College Board, a not-for-profit membership association whose mission is to help students and parents prepare and pay for college, tuition and fees at both private and public institutions have nearly doubled[…..]