Saving for college.
College isn’t cheap. And the cost increases each year.
Fortunately, there are a variety of tools available to
help you save for your own or your children’s higher
education. Currently, two of the more popular
education savings vehicles are Coverdell Education
Savings Accounts and 529 College Savings Plans.
But you should do a little research. The Internet and
public library are great places to start. There is a lot
of information available on different schools and their
costs – not to mention information on scholarships
and grants. And try talking to the fi nancial aid offi ce
at your local college. They may have some ideas that
can help you.
The bottom line is, if you set goals, start early, and
take advantage of the tools available, you can pass the
tuition test.