Last week, we launched a new series here about the best vehicles for saving for college. The first two posts covered 529 Plans, both College Savings Plans and Prepaid Tuition Plans. If you didn’t catch them last week, start there. Today we are looking at a lesser known college savings vehicle: the Coverdell Educational Savings [...]
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On Monday, I launched a new series on the best ways to save for college. We explored 529 college savings plans, concluding that when you carefully compare fees and state benefits, you can really score with a college savings plan. Today we are looking at the other type of 529 Plan — the prepaid tuition [...]
Last month, we talked about how to figure out how much you need to save for your child’s (or your own) college education. The bottom line was that there is no set formula. Rather, the amount you put away is a factor of how much you can afford, what college (or type of college) you [...]
Are you planning to be a teacher? Do you know about the (relatively) new federal education grants for teachers? If not, you should! The Teacher Education Assistance for College and Higher Education (TEACH) Grant Program was created by Congress in 2007 to provide provides grants of up to $4,000 per year to education students planning [...]
Welcome to Scholarship Friday. The weekend is finally here, but it’s not time to party quite yet. If you are currently enrolled in college — or planning to be next fall — now is the time to buckle down and get serious… about applying for scholarships. Given the state of the economy, I’m hard-pressed to [...]
A recent survey of more than 1,000 American adults, commissioned by CCH and conducted by GfK Roper, found that most taxpayers don’t know which tax breaks are most beneficial to them, including higher education tax credits and deductions. Remember my post from several weeks ago outlining the tax credits and tax deductions for higher education [...]
