COLLEGE SAVINGS 101

Financial

credit-card.jpg

Credit freezes and financial aid

In the wake of the recent Equifax security breach, many people have taken the prudent step of freezing their credit. Learn how this could affect the financial aid process.

| Credit freeze | | financial aid | | student loans |
financial-aid-application.png

10 things to do before you apply for financial aid

The FAFSA will be available October 1st for the 2018-19 school year . Learn about 10 steps to take before you apply to help maximize financial aid eligibility.

| Financial Aid | | FASFA | | Financial Aid Eligibility |
advisor-helping-parents.jpg

Achieving financial wellness: 7 questions to ask

Financial wellness starts by developing a healthy relationship with money and all areas of personal finance. These questions will help you gets started on your journey.

| financial wellness | | personal finance | | relationship with money |
advisor-couple.jpg

Just like any other investment, families saving for college could benefit from the help of a financial advisor. Here are 3 things to ask before you select one.

| FA | | financial advisor | | college |
julia-shields-rutyna.jpg

College Savings Tips with Julie Shields-Rutyna

Join Brian Boswell and the Massachusetts Educational Financing Authority (MEFA)ís Julie Shields-Rutyna for a live Facebook event, Tuesday, February 28th. Brian and Julie will be taking questions from the audience on topics like 529 plans, financial aid and more.

| Julie Shields-Rutyna | | 529 plans | | financial aid | | Q&A |
grandparent-toddler.jpg

What grandparents need to know about the new FAFSA rules

Learn how recent changes to the FAFSA could make it easier for some grandparents to help pay for college without impacting the student's financial aid eligibility.

| FA | | Grandparent | | College | | Financial Aid | | FAFSA |
yellow-pig.jpg

Six Winning Strategies to Cutting the Cost of College

The absolute best way to make college more affordable for your family is to become an educated college consumer.

| College Cost | | FA | | Financial Aid | | |
graduate-parents.jpg

5 ways to help your child navigate the student loan process

Applying for student loans can be a stressful and confusing process. Here's how parents can help their kids get started with the process.

| Student Loans | | College | | financial aid | | stress |
stack-coins.jpg

12 money rules to live by

If you're tired of the "on the one hand this, on the other hand that" approach to financial advice, check out these guidelines I've collected over the years. Perhaps youíll find some one-size-fits-all advice that suits you.

| Money rules | | financial | | 529s |
student-financial-aid.png

How to save for college and still get financial aid

There are three things that will determine how much aid a student will qualify for:

| Expected Family Contribution | | financial aid | | FASFA | | UTMA |
girl-lightblub-400x400.png

4 tips to make the most of scholarships

The same vigilance that was used to earn a scholarship is critical if you're going to use the money properly. Here are four tips for helping students get the most out of their reward.

| college savings | | scholarships | | financial aid |
young-woman-looking-at-laptop-400x400.jpg

How much financial aid will you get? Use this tool to get an idea

One thing every student should absolutely do when applying to college is to apply for federal financial aid. Fortunately, we have an easy tool to help you estimate how much aid might be available.

| financial aid | | financial aid calculator | | federal financial aid | | FAFSA | | Pell Grant | | EFC |
coininbank-400x400.jpg

Six must-know 529 plan rules

Even with all of the recent publicity surrounding 529 plans, many families are still confused about how they operate. Click through this slideshow to view the biggest misconceptions according to this year's Annual College Savings Survey.

| slideshow | | 529 plans | | 529 plan | | misconceptions | | tax deduction | | grandparents | | parents | | 529 plan rules | | tax benefits | | higher education | | financial aid |
groupofstudents-400x400.jpg

5 types of students who benefit from 529 plans

No matter what "type" of student youíre saving for, a 529 plan can be an excellent way to plan for college expenses. Click through our slideshow to see how a variety of students can each benefit from a 529 plan.

| 529 plan | | slideshow | | scholarships | | qualified expenses | | financial aid | | grandparents | | paying for college | | college costs |
fedaidapp400x400.jpg

How 7 different assets can affect your financial aid eligibility

Before you fill out the FASFA, learn how seven different assets, including 529 college savings plans, can impact your federal financial aid eligibility.

| financial aid | | FAFSA | | CSS profile | | grandparents | | paying for college | | student loans | | saving for college | | college savings options | | grants |
newbaby-400x400.jpg

Eight reasons why grandparents love 529 plans

If youíre a grandparent there are a variety of different ways you can help pay for college. Here are eight reasons why we think saving with a 529 plan could be your best bet.

| 529 plan | | grandparents | | saving for college | | college planning | | tax benefits | | estate planning | | financial planning | | investment | | |
investment-options-400x400.jpg

75% of college savers don't know how to invest their 529 savings

When it comes to selecting investment options, many clients would benefit from the guidance of a financial advisor, read more:

| investing | | Financial professionals | | performance |
grandparentgraduate-400x400.jpg

10 easy ways grandparents can help pay for college

One way grandparents can help their grandchildren on their journey to becoming successful adults is to help fund their college education. Here are ten ways to do this, and the risks and benefits of each.

| grandparents | | saving for college | | paying for college | | financial aid | | coverdell | | 529 plan | | loan | | trust | | grandchild | | estate planning |
coinsinjar-400x400.jpg

Saving for college? These 6 mistakes can cost you

Parents can maximize their childís education savings by learning about 529 plan rules and avoiding these six costly college planning mistakes.

| saving for college | | paying for college | | 529 plans | | qualified higher education expenses | | savings goals | | financial aid | | scholarships | | American Opportunity Tax Credit |
student_loan_application-400x400.jpg

7 things you may not know about student loan repayment

If you're one of the 40 million Americans who currently have an outstanding student loan, click through this slideshow to see seven important facts about how repayments work.

| student loans | | financial aid | | paying for college | | loans |
financialplanner-400x400.jpg

Is it a mistake not to hire a financial planner?

When it comes to planning and saving for college, some families prefer to endure the journey alone, but others are willing to pay for professional guidance. DIY college planning may work for some, but here are 6 things you might be missing out on by not utilizing a financial professional.

| saving for college | | financial planning | | financial planner | | financial advisor | | paying for college | | 529 plan | | planning for college |
savingsbonds400x400.jpg

Are U.S. Savings Bonds still an effective way to save for college?

Way back before smart phones, Netflix and Facebook, many families were using savings bonds as a way to set aside money for college. If you're still holding on to your bonds - is it time for an upgrade?

| savings bonds | | US savings bonds | | EE savings bonds | | college savings | | 529 plan | | savings bonds vs 529 plan | | saving for college | | financial aid |
FAQ-400x400.jpg

Ask an expert: How do grandparent-owned 529 plans affect financial aid eligibility?

Matthew Toner of Savingforcollege.com responds to the frequently asked-about topic of grandparent-owned 529 accounts and their effect on financial aid eligibility.

| grandparent-owned 529 plans | | 529 plans | | financial aid | | financial aid eligibility | | FAFSA | | paying for college |
gradcapaid-400x400.jpg

Will the Student Aid Bill of Rights help your family?

Last week President Obama signed a presidential memorandum outlining a plan intended to help dissolve the student debt crisis. The Student Aid Bill of Rights focuses on four key issues related to helping students pay for college and helping graduates manage and repay their student loans.

| financial aid | | student loans | | student debt | | paying for college | | cost of college | | saving for college |
15factsaboutfinancialaideligibility-400x400.jpg

15 facts about financial aid eligibility

Feeling overwhelmed by the process of applying for financial aid? Fear not! These fifteen facts can help you determine how much financial aid you may be eligible for.

| financial aid | | FAFSA | | CSS profile | | grandparents | | paying for college | | student loans | | saving for college | | college savings options | | grants |
student-loan-2.png

Understanding your student loans and how to repay them

With so many loan repayment options out there itís important for borrowers to explore all of their repayment options and make sure they find the plan that best fits their needs and their budget. NerdScholar's Alexandra Rice shares some tips.

| student loans | | financial aid | | student loan repayment | | paying for college | | cost of college |
finaidpiechart-400x400.jpg

Financial Aid - Five crucial tips

There are many sources of financial aid available, learn more about them.

| College Savings | | Financial Aid |
littlekidheart.jpg

10 things we love most about 529 plans

Getting to college without going into excessive debt isnít easy, but itís also not impossible. Here are 10 reasons why we think 529 plans are the most effective way for families to save for college.

| 529 plan | | college savings | | saving for college | | paying for college | | tax benefits | | financial aid | | contribution limits | | fees and expenses |
calculations2-400x400.jpg

7 ways the 2016 fiscal year budget could affect higher education

This week, the Obama administration released a 2016 fiscal year budget request, which details the President's plan to make education and job training top priorities. This slideshow lists the impact the proposed budget could have on certain areas of higher education.

| 529 plans | | saving for college | | paying for college | | student loans | | financial aid | | pell grant | | FAFSA | | higher education |
finaidpiechart-400x400.jpg

529 plans and the FAFSA

Before you fill out the Free Application for Federal Student Aid (FAFSA), it's a good idea to understand how your current savings, including those in 529 plans, are analyzed in calculating your financial aid eligibility.

| 529 plan | | saving for college | | financial aid | | paying for college | | FAFSA | | financial aid eligibility | | cost of college |
25-Best-529-Plan-Questions-of-2014-400x400.jpg

The 25 best 529 plan questions of 2014

Is opening a 529 plan one of your New Year's resolutions? Here's a list of some of the most commonly-asked 529 questions (and their answers!) to help you stick to your goal.

| Best 529 plan | | saving for college | | choosing a 529 plan | | 529 plan withdrawals | | financial aid | | grandparents | | 529 plan performance | | estate planning |
studentloanscap-400x400.jpg

Despite rising tuition prices, more students are just saying "No" to loans

Last week, the College Board released its annual "Trends in College Pricing" report, which revealed some much needed positive news regarding student borrowing.

| student loans | | cost of college | | paying for college | | 529 plan | | financial aid |
grandparentfinances-400x400.jpg

Before you open a grandparent 529 account...

A 529 college savings plan can be a very effective way for grandparents to build a college fund for their grandchildren. However, there are a few questions grandparents must ask themselves before opening a 529 account.

| saving for college | | 529 plan | | grandparents | | financial aid | | FAFSA | | 529 plan withdrawals |
financialadvisor-400x400.jpg

You're saying my financial advisor can help me plan for college?

Most parents and grandparent already know that they can open a 529 plan through an advisor, but what they may not realize is that advisors are also helping to make college attainable in other ways.

| 529 plan | | saving for college | | financial professional | | financial advisor | | cost of college | | paying for college | | |
girlholdingmoney-400x400.jpg

Why you should teach your kids about money

Studies have shown that kids who are involved in family finances are much more likely to save money themselves, yet many parents still have reluctance when it comes to discussing financial matters with their kids.

| financial literacy | | kids | | money | | 529 plans | | college savings | | |
college-savings-timeline-400x400.jpg

[INFOGRAPHIC] College Savings Timeline

Our newest "College Savings Timeline" Infographic focuses on what you can do during various stages of life to ensure an easy transition to college that wonít leave your child or grandchild burdened with excessive debt.

| infographic | | college | | saving for college | | paying for college | | scholarships | | financial aid | | 529 plan | | cost of college |
calculator-gradcap280x280.jpg

College Savings Timeline: The home stretch

Youíre the parent of a high school junior, which means in just two years your child will be on his or her way to college. In this weekís College Savings Timeline, we discuss the five most important college planning steps for the final years of high school.

| 529 plans | | 529 plan | | college savings | | high school | | scholarships | | financial aid | | SAT | | ACT | | FAFSA |
appslideshow_phototablets-400x400.jpg

Five of the best college savings apps

In addition to allowing you to track funds in a bank or investment account, there are also mobile apps available that offer some fantastic planning tools. This slide show highlights five apps that help parents, students and grandparents plan for the future costs of college.

| 529 plan | | college savings | | smart phone | | smart phone app | | college savings app | | paying for college | | financial planning | | technology |
investment-400x400.jpg

10 investing terms every college saver should understand

In honor of Financial Literacy Month, hereís a quick rundown of ten often-misunderstood investing terms that youíre likely to come across when choosing a saving strategy.

| college savings | | financial literacy month | | investing | | 529 plans | | investment terms | | investment |
myths-400x400.jpg

Clearing up the confusion: Five popular 529 plan myths

Recent survey data has indicated that parents' misunderstanding of 529 plans may be a significant barrier to their use of them. In this slideshow we present five of the biggest 529 plan myths along with the facts to set the record straight.

| college savings | | slideshow | | 529 plans | | 529 plan | | myths | | scholarships | | financial aid | | tax benefits | | tax penalty | | college savings | | college savings options |
black-board-400x400.jpg

Annual College Savings Survey results: An opportunity to educate

Experts agree that there is a strong need for education on financial products and services, and that the younger these topics are introduced, the better. This includes the area of 529 plans, where confusion is still common.

| 529 plan | | misconceptions | | financial literacy | | college savings | | college savings survey | | saving for college | | paying for college |
myths-400x400.jpg

Truth be told - Common 529 plan misconceptions

The results of our Annual College Savings Survey show that there are still many people who are unclear about the functionality of 529 plans. In this post, we discuss six common misconceptions and reveal the correct answers to help clear up some of the confusion.

| 529 plan | | 529 plans | | college savings | | parents | | grandparents | | myths | | financial aid | | scholarships | | tax deductions |
gift-inheritance-400x400.jpg

Annual College Savings Survey results: All that you can leave behind

As college costs in America rise faster than the rate of inflation and total student loan debt surpasses $1 trillion, more relatives are exploring the idea of helping pay tuition for grandchildren, nieces and nephews.

| 529 | | 529 plans | | grandparents | | pay for college | | save for college | | student loans | | financial aid | | required minimum distributions | | college savings survey |
blue-question-mark-400x400.jpg

Annual College Savings Survey results: Direct- or advisor-sold 529 plan?

Our survey results indicate many of our readers feel comfortable selecting their own investments, but there may be situations in which an advisor-sold 529 plan could be a better fit. Here are a few key questions to ask yourself:

| 529 plan | | 529 plans | | college savings | | direct-sold 529 | | advisor-sold 529 | | fees | | financial advisor | | financial planner | | investment options | | active management | | index funds |
moneyjar280x280.jpg

The Bank of Grandma and Grandpa - New video featuring our very own Joe Hurley!

In the following video Joseph Hurley, Founder of Savingforcollege.com, explains the different ways Grandparents can assist with paying for tuition, taking issues like financial aid and taxes into consideration.

| grandparents | | saving for college | | 529 plans | | financial aid | | gift tax | | college | | college savings |
annual-college-savings-survey-2014-1-280x280.jpg

The 2014 Annual College Savings Survey Results

The Annual College Savings Survey was designed to shed light on consumer beliefs and actions in relation to 529 plans. The results uncovered a number of key findings that we are excited to share with our readers in a new series of blog posts.

| 529 | | 529 plans | | college savings | | survey | | families | | financial advisors | | education | | choosing a 529 plan |
blog-280x280.jpg

Welcome to the new and improved Savingforcollege.com Blog!

Whether you are a new parent, grandparent or professional advisor, we are committed to offering the most timely and relevant college savings content while encouraging interaction, comments and feedback.

| college savings | | 529 plans | | financial aid | | coverdell esas | | scholarships | | student loans | | Joe Hurley |
 

Reset email successfully sent.
Please check your inbox.

Close
page loadtime mark

Advertisement


close