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Saving & Paying

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….

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,…

Got Work-Study?

If your financial aid award includes work-study, you should understand what it is. Work study falls under the self-help column of financial aid, meaning it’s not free money. You have to find a qualifying job and work at the job to earn this portion of your financial aid award. Work-study is a federally subsidized job at your college or university….

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