College Funding

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How to Get an Athletic Scholarship

Does your student have athletic ability? Do you think he or she might have a chance at an athletic scholarship? If so, it’s extremely important to do your homework. Here are 7 tips to find out if an athletic scholarship is right for your child: Start early. The National Collegiate Athletic Association’s (NCAA) eligibility rules begin…

529 Plan Basics: Pros, Cons and Strategies

One strategy that many families use to save for college is to invest in a 529 plan. What is it? A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies or educational institutions and are…

Federal Student Loan Default Rates: What You Need to Know

It’s no secret this is a tough economy for recent college graduates. Jobs are scarce and tuition costs are high. In fact, according to the Department of Education (ED) federal student loan default rates climbed to 8.8 percent in 2009, the most recent year for which data is available. This marks the fourth year in…

Is Your Student a Junior in High School? Start to Plan Your College Funding Now

Have you started planning for college yet? It might seem early to have a college funding plan in place if your daughter or son is only 15 or 16, especially as feels like college is 2 years away, but the time to start is actually when your student is a Junior. The FAFSA (Free Application…