Topic: Assets
What is a 529 Plan?
A 529 is a savings plan designed to give tax advantages to encourage saving for future higher education expenses.
Key Features of 529 Plans
Contributions in most 529 plans grow entirely tax-free, meaning there are no capital gains taxes paid… More »
Why do some colleges require the PROFILE if they already have the FAFSA?
Typically, only expensive, private colleges request a PROFILE. The reason is that the gap between a typical family’s EFC (Expected Family Contribution) and the cost of the college is so large that there is not enough public money (state and… More »
The FAFSA: Your gateway to financial aid
In the last few years, higher education has seen a significant increase in the amount of grant and loan money available. Taxpayers foot the bill, so don't leave your share on the table. To make sure you are able to… More »
Financial aid myths
The financial aid process seems so complex and intimidating, and the cost of college so high to uneducated observers, that myths and false information are often generated about the process. There are plenty of myths out there that could keep… More »
Financial aid advice for parents
For most parents, college costs are the single greatest threat to long-term financial security and a comfortable retirement. The challenge of paying for college is daunting enough with one child in college, but with more than one, the costs become… More »