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Looking to contribute to your grandchild's college fund? You've come to the right place.
According to a 2014 survey released by Fidelity, 72 percent of grandparents feel that it is important to help pay for their grandchildren's college education. This page is dedicated to helping those grandparents understand the unique benefits of 529 college savings plans and the best ways to give their grandchildren a chance for success.
Grandparents' Common Concerns
- I don't know which college they will attend!
- What if junior doesn't go to college?
- Can I access the money if I needed it urgently?
- What happens to the 529 plan if I die?
- Medicaid: Are 529 plans counted in my assets?
- Will a 529 affect junior's chances for Financial Aid?
Featured Articles for Grandparents
15 freaky 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.
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.
Eight reasons why grandparents love 529 plans
If you’re 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.
A top college savings resource for grandparents
There are a number of different ways for grandparents to help save for college, yet for many the process can seem overwhelming. Here's an overview of the college savings resources we have available to help grandparents ensure their grandchildren have the best chance for success.
Structuring your 529 investment
- Separate 529 plans for each grandchild or one to cover all?
- When a parent already has a 529 plan for my grandchild.
Tax Planning Issues
World's Simplest College Calculator
The simplest way to estimate college costs.