EDUCATION
Daniel and Cindy want to provide financial support (tuition and fees, books, room and board) for each of their children to a four-year university. They have completed their funding of a Virginia529 prePAID account for Li. They still need to determine how much Li will need while living at school and how to pay for those living expenses. They would also like to understand better what the Virginia529 prePAID covers and what would happen if Li decided to attend college outside Virginia.
Mai’s college education is currently unfunded. They have not started saving and would like your help in determining which education investment product they should use and how much they will need to invest per month.