Many parents and grandparents purchase education savings bonds– series EE or series I bonds– to pay for college. These bonds are tax-free within some limits, and it’s not uncommon for families to find out too late that they’ve landed outside the limits.
Many schools’ FAFSA deadlines are rapidly approaching, or even past. Whether or not you think you’ll get need-based aid, you should be completing and submitting the FAFSA (and PROFILE, if applicable). What happens if you miss your school’s deadline? Each school has its own policies so
Most students and families don’t go into the college process intending to graduate with debt in the high five figures. So how does it happen? Here is a great article explaining common mistakes families make in the college planning process that lead to increased borrowing and debt loads.
Does your mailbox look like this each day?
If you have a college student, you (or they) probably received a form 1098-T. Schools are required to send this to any student who paid qualified higher education expenses. Here’s what you need to know about your 1098-T: