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Preparing
for College
Getting ready to send your child to college
takes careful planning—but
the rewards are well worth it. According to the U.S. Census Bureau,
those with a bachelor’s degree earn 80% more, on average, than
those with only a high school diploma—or more than $1 million
over a career lifetime.
It starts with a savings plan, and the earlier you start, the
better. Although federal aid may pay for some of the costs of
college,
students and their families
are expected to contribute to the extent they’re able. Federal aid is designed
to bridge the gap between your contribution and the total cost of your child’s
education.
- College Savings Plans: Learn about 529 Savings Plans
and tax benefits that can help you save even more money.
- College Costs: What will college really cost? Use
our College Costs Calculator to get a better idea of
the amount you can expect to pay for a four-year degree.
- Maximizing financial aid eligibility: Believe it or
not, there are ways to increase federal aid eligibility
starting in high school.
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