Why Save?The cost of college education is rising well beyond the rate of inflation.

According to many online calculators the cost of tuition, fees, and room and board for a four-year degree in 2028 will be $242,091 for a public institution, $487,328 for private.

Make a Plan• What is your income?

• How much of a risk can you take?

• Do you think you can qualify for financial aid?

• How much time do you have to save?

• What are your goals?

Savings Plans to Consider• 529 Qualified Tuition Plan:

College Savings Account

• 529 Qualified Tuition Plan:Prepaid Tuition Plan

• Coverdell Education SavingsAccount (ESA)

• UGMA/UTMA

529 Savings Plans • College Savings Account

• Prepaid Tuition Plan

529 Savings Plans

• College Savings Account• Prepaid Tuition Plan

529 Savings Plans

• College Savings Account

• Prepaid Tuition Plan

Cashing Out a PrepaidTuition Plan

529 Savings Plans

Best Candidates for Prepaid Tuition Plans• You don’t expect to qualify for financial aid

• You’re a conservative or novice investor

• You understand the risks

529 Savings Plans

College Savings Account vs.Prepaid Tuition Plan

• What’s the tax treatment?

529 Savings Plans

• Who is eligible?

• What are the contribution limits?

College Savings Account vs.Prepaid Tuition Plan

529 Savings Plans

• Account allocation?

• Can I change beneficiaries?

College Savings Account vs.Prepaid Tuition Plan

529 Savings Plans

• Are there financialaid implications?

College Savings Account vs.Prepaid Tuition Plan

529 Savings Plans

• www.savingforcollege.com

• www.collegesavings.org

Do Your Homework!

529 Savings Plans

Beyond 529 Plans • Coverdell Education Saving

Account (ESA)

• UGMA/UTMA

Beyond 529 Plans

• Coverdell Education Savings Account (ESA)

• UGMA/UTMA

Beyond 529 Plans

• Coverdell Education Savings Account (ESA)

• UGMA/UTMA

Developed in cooperation with the

College Savings: Course 101

Questions?