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COLLEGE SAVING NEWS


  • Guide to Financial Aid: FAFSA, CSS and EFC

    This comprehensive guide to college aid, updated for 2014, will help you estimate how much your family will be expected to contribute toward the cost of college, provides links to Forbes new SmartSearch college planning software and will simplify the college financial aid system with straight-forward explanations of expected family contribution, need-based financial aid, merit aid, the FAFSA, CSS Profile, the Federal Methodology, Institutional Methodology and the Consensus Methodology of calculating EFC.

  • The College Degrees That Get The Most Job Offers

    Nearly 70% of computer science majors had at least one job offer before they graduated from college last year, according to data gathered by the National Association for Colleges and Employers (NACE)

  • 11 strategies for getting financial aid

    If your high school junior or senior is preparing for college — it’s time you prepared to meet the FAFSA. The Free Application for Federal Student Aid is the gateway to need-based financial aid, Federal Pell Grants, scholarships, and federal and state student loans.

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529 MEDIA RESOURCES


  • Jenkins & Kind Introduce Legislation to Enhance 529 Plans

    This legislation seeks to make 529 plans more flexible and remove some of the barriers participants may have to saving, including: • Making computers an eligible expense • Allowing for investment changes up to four times a year (right now it is limited to once a year) • Allowing the redeposit of funds in certain circumstances (e.g. a student gets sick at the beginning of the term) without negative tax implications • Allowing funds from a 529 plan account to roll over to a Roth IRA under certain circ

  • 2013 Year-End 529 Report Release

    The average 529 account size continues to grow, reaching an all-time high of $19,584 as of December 31, 2013. This is a 14% increase over the past 12 months.

  • 2013 Year-End 529 Report

    Total investment by American families in 529 plans has reached a record level of $227.07 billion. In 2013, total assets in 529 plans grew by $36.4 billion dollars.

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Believe it or Not, Your Kids are Paying Attention & Your Savings Efforts Make a Big Difference

By Ryan Betz, Associate Director of Marketing & Communications, Washington Guaranteed Education Tuition (GET) program
April 8, 2014

Since I was a young boy, I was told by my parents that college would be a part of my future. It was an opportunity my parents never had and they knew how important a college education was to my future success as a person and as a professional. At an early age, my parents began saving for my higher education and they told me about the funds that were set aside to help with tuition, books and other costs. I got a part time job in high school and the dollars I earned were also set aside to help pay for school. 

Looking back as an adult now working in the college savings field, I can see the accuracy of a recent study from the Center of Social Development at Washington University in St. Louis. The study concluded that children with a college savings account are seven times more likely to attend a four-year college, compared to children with no dedicated account. I guess it goes back to that old adage, “actions speak louder than words.” As a kid I can vividly remember never once questioning whether or not college was going to be a part of my future, because I knew that resources had been set aside for my education. 



Some states offer matching grants and other benefits to participants in its 529 plan. View All

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