College Planning

College Savings 101

There’s an interesting juxtaposition when a child goes to college. The child celebrates the successful culmination of years of academic pressures, while the parents grapple with a different kind of pressure: how to pay for a higher education.

Cash for College Tips

The College Foundation of North Carolina advises:

1. Open a N.C. 529 college savings plan. In addition to federal tax advantages, the state offers a tax deduction for contributions.

Tips for Financial Aid

The availability of financial aid is shrinking and MFS Investment Management offers some tips to help parents maximize college savings and financial aid strategies.