10 Rules for Superfunding a 529 Plan

Superfunding refers to making large 529 plan contributions using 5-year gift tax averaging. Superfunding allows individuals to contribute up to $75,000 to a child's or grandchild's 529 plan at once without gift tax consequences. Here are a few rules and tips to keep in mind when considering superfunding a 529 plan.

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How Do Trust Funds Affect Financial Aid for College?

Trust funds must be reported as the beneficiary’s asset on the Free Application for Federal Student Aid (FAFSA), even if access to the trust is restricted. Trust funds can significantly reduce a student’s eligibility for need-based financial aid.

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Harvard and MIT Sue Trump Administration Over International Students

Harvard and the Massachusetts Institute of Technology (MIT) sued the Trump administration over the recent policy change that requires international students to transfer or return home if their college offers only online courses.

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What Happens to Parent PLUS Loans and Private Parent Loans if You Die?

Parents often turn to the Federal Parent PLUS Loans to help pay for their child’s college. But if the parent who has borrowed the Parent PLUS Loan dies, what happens with the parent loan?

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Private Parent Loans

Even when parents save for college, sometimes the college savings and financial aid falls short of covering the college’s net price. Some parents borrow private parent loans to close the funding gap and ensure that their son or daughter has the funding needed for another year on campus.

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