College Resources & News from CFNC
The cost of college is on the rise, and no generation knows that better than millennials. Many young parents today are still paying off their own student loans; while trying to save for their children’s education. The good news is, starting a college fund while your child is young gives you a good amount of time to create a solid nest egg for their future.
Most parents understand how important it is to save for college. While a 529 plan is one of the most efficient and effective ways for families to save for school, many parents don’t know how to choose the right 529 plan. How is a parent supposed to choose the right 529 plan based on its performance?
Beyond deciding how much you can afford to save each month, you also need to figure out where to save your money.
How do you pay for college if you have no money? There are many options available to help you pay for college expenses and make your dreams within your reach!
Career planning guidelines for high school seniors, college students, and soon-to-be graduates to make sure you hit the ground running once you get a diploma.
Learn how to craft a quality resume you can use when applying for jobs, scholarships, colleges and more!
There are many benefits to attending community colleges and trade schools. It’s important not to forget a valuable and affordable option.
Plenty of people will tell you about the importance of college. They’ll tell you about how college graduates earn more during their lifetimes. They’ll tell you about how the value of college extends far beyond the academic experience. What they may not tell you is how you’re supposed to pay for it.
Picture this. Your student is getting ready to go off to college for the first time. For years, you have contributed to their education savings plan, helping to make their dream of higher education a reality. As you prepare to send in the first payment from your 529 account, you want to ensure that your student is attending an eligible institution so it counts as a qualified withdrawal.
Preparing to send a child off to college requires a good amount of financial preparation. Sure, you’ve accounted for the basics that everyone knows all too well. You’ve considered tuition, room and board, and textbooks. But what about the extra costs associated with a college education? Are you prepared for those?