Saving & Budgeting
Can I Use My 529 Account To Pay For College?
Some adults set money aside for a child’s education with a 529 plan. These savings accounts feature many tax benefits. For example, savings grow on a tax-deferred basis. This means the government excludes savings put in a 529 plan from taxable income. Savers can make withdrawals tax-free if they use the funds for qualified education …
Tessa Cooper •September 21, 2021
First-Generation College Students: Comprehensive Support and Resources
Key Takeaways First-generation students can access specialized support programs, financial aid, and mentoring to succeed in college. The dropout risk for first-generation students is more than twice that of students with college-educated parents, underscoring the importance of building strong support systems. Submit the FAFSA, apply for private scholarships, and participate in campus programs to build …
September 21, 2021