529 Plans: How to Get Money Out

My social media feeds are full of prom and graduation pictures, which means it’s time to talk about how you get money out of the 529 plan to which you’ve been diligently (or otherwise) contributing. First of all, a 529 plan isn’t like an HSA or medical savings account where you get a debit card to use for your purchases….

Colleges Still Have Openings!

If you’re still looking for your dream school, head over to NACAC’s College Openings Update. This list of colleges still accepting applications is released annually and serves as a reminder that plenty of colleges are happy to welcome students rather than rejecting them. The database allows you to search on numerous criteria including location and availability of financial aid. As…

FAFSA Simplification: What You Need to Know

Part 2: The Whole Family Family members beside the student can have an impact on EFC or SAI, and how they impact the student will change with FAFSA Simplification. Here are two key areas where your family’s impact on your FAFSA will change. Multiple Students Up until this year, the FAFSA has divided the student’s Expected Family Contribution by the…

College Tuition Is on Sale!

Recently Stanford’s announced tuition hike made headlines: a 7% increase in tuition would bring 2023-2024 costs to over $82,000 for tuition, fees, room and board. This follows a 4% rise in the previous academic year and an average annual increase of 3.5% over the past 10 years. Less attention is being paid to Nacubo’s announcement that, headline tuition rates aside,…

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