Financial Literacy Center
Every dollar you save for college today is another dollar you don’t have to borrow and pay interest on in the future. See why financial aid directors recommend you start saving today.
You’ve likely heard that it’s important to start early when you’re trying to reach a long-term savings goal. But what does that mean for families who are trying to plan for college?
As you learn more about saving for college with a 529 college savings plan, you may come across words or phrases that are new to you. Let’s break down those terms so you can make the best choices for you and your family when saving for college.
View How a 529 College Savings Account Differs from a Traditional Savings Account Article
Saving for college can feel overwhelming. But if you want an approachable option to meet your financial goals, 529 college savings plans are designed to do the work for you — no finance degree needed.
If you’re researching how to pay for college, you may have found that a 529 college savings account is a good option. But how is it different from a regular savings account?
View You Don’t Need to Have a Finance Degree to Save for College Article
There is a misconception that owning a 529 college savings account means your student won’t qualify for financial aid once you fill out the Free Application for Federal Student Aid (FAFSA).
View How Does a 529 College Savings Plan Impact Financial Aid? Article
As higher education costs continue to rise, more families are turning saving for college into a family affair.
View The Smartest Way Grandparents Can Help with College Savings Article
Sometimes, we put off saving for college because we’re focused on scholarships — either academic or athletic.
View Why You Can’t Rely on Scholarships to Carry Your Child Through School Article
