Education Planning Options
The cost of a college education can present a large financial burden for the student
and the family. There is no question that undergraduate and graduate degrees increase
the earning capacity of the graduate. There are several ways to help save for college.
Some options are only available to low and middle income families, while other saving
programs are available to everyone.
We can help you answer some of the following questions:
- How much money will I need to accumulate to cover my expected college costs?
- How much do I need to save on a regular basis to reach my goals?
- What are my savings options?
- What are the tax considerations?
- Are their any tax credits or deductions available and do you qualify?
- What are the programs contribution limits?
- What can the accumulated funds be used for?
- How much control do the parents have over the assets?
- Can you change the beneficiary of the savings program?