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Saving & Paying

529 Contributions During College Years

Many people think that as soon as your student hits college, you should stop contributing to their 529 account. But unless you already have 100% of qualified expenses in your 529, continuing to contribute can be really beneficial as long as you follow a few guidelines. In fact, you can almost use your 529 as a super savings account. First,…

About that Facebook Live Event…

My apologies to anyone who tried to access my event on Facebook yesterday. The short story is, the stream went to the wrong place and when you’re in the middle of a live interview there isn’t much you can do to change that! The recording is available here so you can watch it at your convenience. (The part where I…

CARES Act College Funding: Cash for Students

Following up on yesterday’s post. How does a student get cash from his school’s emergency student aid grant under the CARES Act? It depends on the school, and most have not formalized their policies yet. First, how do these funds work? The CARES Act funds– officially HEERF – Student Share (Higher Education Emergency Relief Fund)– are not Title IV education…

College Cost Impacts of COVID

Students who have received a financial aid award for the coming school year should be aware that the costs quoted are most likely 2019-2020 costs. Few, if any, colleges have posted their 2020-2021 school year costs. Many public schools have some version of what my son’s school posted about next year’s costs on their website. The coronavirus is hammering state…