College Resources & News from CFNC

Starting kindergarten is a big step for your little one—and your family. Whether it’s your first child or your fourth, preparing for the big day never seems to get any less chaotic. There’s a lot to do and learn before sending a young one off to school for the first time.

A recent survey shows that many parents are not prepared to pay for their child’s college education. Tameka Ruffin from the College Foundation of North Carolina talks about those results, and shares how to start saving for your children’s college education with the NC 529 Plan.

May is College Education Month, and 5/29 Day is a day to promote saving for college through a state-sponsored 5/29 plan. Almost every state offers it’s own college savings plan, although each has it’s own set of features.

NC 529 Savings Plan administrators teamed up with Marbles Kids Museum to hold a celebration for “5/29 Savings Play Day.” It was an opportunity for parents to learn about ways to save for their children’s college while their children played with the tools and toys in the museum.

On May 29, 2016, North Carolina 529 Plan administrators teamed with Marbles Kids Museum to host a “Savings Play Day.” This was an opportunity for Moms and Dads to learn about saving for their kids’ college years while playing with the fascinating tools and toys in this great museum.

First of all, congratulations! Earning a scholarship is a big deal and your student likely worked hard to receive it. You’re probably relieved that this scholarship will reduce some, or maybe even all, of what you’ve been planning to cover in college expenses.

As you cuddle your newborn, you likely dream of how you’ll lavish your child with anything and everything for a “good life.” As you gain more parental experience, you’ll likely soon realize how much your child learns from finding out how much he or she can personally do.

As you dream of your child’s future, your vision probably includes college. If so, then the sooner you start planning, the easier it will be to have money on hand when it’s time to help with college expenses.

Congratulations on opening an NC 529 account to prepare for the future! You’re joining more than 130,000 other families already saving in the NC 529 Plan for a loved one’s college expenses.

Saving for a college education for your children is more important than ever, but on a limited budget, putting away money every month can be difficult. But the reality is that whatever amount you can save for a college education can help.