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.
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)
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.
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
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.
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.