College Resources & News from CFNC

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March 7, 2023
New Law Allows NC 529 Funds to be Used Tax-Free for Retirement

Families can now save for college and retirement at the same time with the NC 529 Plan, North Carolina’s National Education Savings Program. Starting in 2024, excess NC 529 funds can be rolled over tax-free into a Roth IRA for the beneficiary, thanks to a provision in the SECURE 2.0 Act.

Image How To Withdraw A College Application
March 1, 2023
How to Withdraw a College Application: Best Methods

There are some circumstances in which a student may need to withdraw a college application before the school makes a decision. You may have changed your mind about applying to a college or university, or you may have accepted a different offer. That’s all okay! However, once you make your decision, you should let the schools know your plans.

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March 1, 2023
When Should I Start Saving for College? 4 Tips to Fund Your Child’s Education

When you save for your child’s college education, you make more than a financial investment — you invest in their future success and well-being. Recent studies show that college graduates earn an average of $1 million more than high school graduates over a lifetime and that higher income is a strong predictor for better health and overall life satisfaction.

NC 529 IMAGE Withdrawal Rules
March 1, 2023
529 Withdrawal Rules: When to Withdraw Funds and How to Use Them

It’s never too early to start thinking about a child’s education — whether that’s college, middle school, or trade school. You know this, so you’re interested in opening an NC 529 Account, but if you’re unclear on the “rules of the road,” so to speak, we’ve got you covered.

NCAL IMAGE Student Loan Debt #1
March 1, 2023
Student Loan Debt: 8 Ways Prevent Too Much Debt in College

In a country that increasingly values postsecondary education and training, students and parents often aren’t sure where to start when it comes to paying for higher education. But you’re not alone! There are many resources to help students pay for college.

CFNC IMAGE Pathways To College
March 1, 2023
Pathways to College: 5 College Paths Besides a 4-Year Degree

“Where are you going to college?” It’s a common question that teens ask each other as college application or high school graduation seasons roll around. While many high school students are thinking about going away to four-year schools, there’s no one path to pursuing higher education and a career you’ll enjoy.

CFNC IMAGE Early Decision Early Action
March 1, 2023
What is the Difference Between Early Decision and Early Action?

“Early decision” and “early action” college applications allow students to do exactly what the names of the applications suggest. Students submit the early applications before “regular decision” applicants and learn whether they are accepted well before the pool of regular decision applicants.

CFNC IMAGE Out Of State College
December 8, 2022
Where to Attend College: Pros and Cons of Out-of-State Colleges

Many students want to expand their horizons when figuring out where to hang their backpacks, and for good reason. Opportunities abound for students willing to travel. Here are some benefits of out-of-state colleges.

CFNC IMAGE Best Extracurriculars
December 8, 2022
The Best Extracurriculars That Colleges Want to See on Your Application

The value of extracurricular activities is a common concern among high school students (and parents) when it comes to filling out college applications. But does it really matter that much? And if so, what are the best extracurriculars for college that you should be considering? Let’s discuss!

CFNC IMAGE Entry Level Jobs
December 8, 2022
Entry Level Work from Home Jobs: Career Readiness for High Schoolers

Working from home is easier to do now than ever before, and an increasing number of industries are accommodating remote work requests from employees of all ages — even high school students! When you’re exploring the options of an entry-level work-from-home job, here are some things to think about and resources to help you.