Planning considerations for college-bound high school students and their parents
While college may seem a distant goal for a high school freshman, there are many things students and parents need to do during high school to prepare.
While college may seem a distant goal for a high school freshman, there are many things students and parents need to do during high school to prepare.
College financial aid plays a critical role for many families paying tuition and some colleges and universities require two types of aid applications.
Many parents sending children to college for the first time may need help with financial advice and maximizing their 529 plan when the college bill is due.
While more families choose a general savings account to save for college, those using 529 college plans are saving more, according to Sallie Mae.
Recent tax reform resulted in changes that allow families to save more in ABLE Accounts for the care of a child with disabilities.
Build momentum for college saving before your child enters high school, by engaging children in good savings habits and monitoring your saving strategy.
Considering the many responsibilities competing for family savings, it’s never too early to consider college planning strategies.
For families planning for college, the senior year of high school has many deadlines and preparations for parents and students.
When planning for college, the junior year of high school is busy as parents look deeper into financial aid and juniors sharpen their focus on goals.
Planning for college for parents and students can begin as early as freshman and sophomore years in high school, and help families stay on track.