Many companies offer tuition assistance or reimbursement programs for their employees or their employees’ dependents. This can be a fantastic opportunity to offset some of the costs of college. Some employers may require you to work for them for a certain period before qualifying for these benefits...
According to our College Savings Survey, 68% of respondents have already started saving for college using various accounts. Perhaps because there are several options, 44% of respondents who aren’t saving say they haven’t started because they don’t have time to research their options. If you...
000 per year for a privatecollege,Footnote2parents are looking for ways to save more, says Richard Polimeni, managing director of Education Savings Programs at Bank of America. "The reality of college costs is a major concern for most parents," he explains. "But it's also a great motivator...
Findings on parents' experiences enrolling in the Harold Alfond College Challenge (HACC), perceived influence of HACC participation, and experiences of saving for postsecondary education offer insights on the design and implementation of future CSA programs....
New York has two 529 savings programs to choose from - a direct-sold plan featuring Vanguard mutual funds, and an advisor-sold program featuring funds from JPMorgan and SSgA. Both New York 529 plans are managed by Ascensus College Savings. New York 529 Tax Benefit For single filers$5,000...
Saving for college is a wise move, even if you believe your child may qualify for financial aid. Remember, most financial aid comes in the form of loans, which must be repaid with interest. The federal financial aid formula typically considers 20% of the assets held in a child's name to...
Look for programs that have plenty of investment options, and compare administrative and management fees, which vary widely. To find links to plans in your state, visit www.savingforcollege.com. Stashing money in these accounts will not unduly affect your student’s chances for financial aid. ...
Both Canada and the U.S. offer programs parents should use when saving for their child's education, but don't stop with education savings plans. Within a year of college, students should also check out and apply for grants andscholarshipsfrom universities. After all, more support from univers...
5 College Savings Resolutions for 2017 If you already have a 529 plan account, try bumping up monthly contributions. Deborah Ziff SorianoJan. 25, 2017 4 Types of College Savings Presents U.S. savings bonds are an old standby, but there are other ways to help out with college savings. Debo...
Again, College Savings Programs are much more popular and many more states offer them so the remainder of this article will only cover the savings plans.How It WorksThink of 529 College Savings Accounts like a Roth IRA for college education....