More colleges offer tuition deals for out-of-state students
Some families that once felt that they had no control over college costs, are finding that many colleges offer tuition deals.
Tag: 529 plan
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.
Action plan helps families prepare for college
Having an action plan can help families and students prepare for college as they navigate the process throughout the high school years.
529 plans updated: Computers are now a qualified expense
Computers, laptops, and related technology are now considered a qualified college expense for 529 plans.
Five considerations for year-end planning
Here are several strategies that investors may use to try to reduce their tax bill.
Ways to use a 529 to avoid costly mistakes in financial aid
Families want to save for college and maximize their child’s eligibility for financial aid. There are ways to use a 529 plan to meet both goals.
Three ways “back to school” may benefit grandparents
This fall, some 78 million American students from kindergarten to college will head back to school. Planning for school can involve more than students Grandparents can also benefit from their own “back-to-school” preparation. Advisors can help clients understand gifting strategies that can help grandchildren cover their college costs and deliver tax benefits to grandparents at
Keep student debt down with a 529 plan
At a record $1 trillion, outstanding student debt is second only to mortgages as the largest source of household debt, the Fed reported. That trend is likely to continue. With the average cost of a four-year degree from a public university at $30,000, the need to borrow continues to rise. Of the 37 million Americans
Six strategies for maximizing college financial aid
Preparing to apply for college financial aid should begin well before a student even fills out his or her first college application. In fact, saving early and understanding the application process are important actions to take in order to maximize the potential for financial aid. SchoolFamily.com offers a college preparation guide with 15 ways to
Tackling the rising costs of higher education
Nearly 20 million Americans attend college each year, and, of those, nearly 60% borrow annually to help cover costs. While many may borrow to pay for tuition, there are challenges associated with debt that may be particularly difficult for students seeking a job after graduation. The Federal Reserve notes that there is roughly $1 trillion