The best way to save for college is your state's 529 college savings plan. Some states will let you contribute $25 per contribution. The state college savings plan can be located via Google.com and Yahoo.com. It can also be tax free in some states and the federal government income tax until 2010. I also recommend joining Upromise for additional saving for college because you can transfer the payment every quarter. Save a part of each monetary gift you receive and desposit into the 529 plan. I will provide some free information information about it.
2007-05-03 06:56:05
·
answer #1
·
answered by dawncs 7
·
0⤊
0⤋
If you're asking how to save money for college, then currently a 529, where the student is the owner is the best route. Starting in 2007-2008 education savings accounts, like 529's, do not count as a student's assets for calculating financial aid.
If you're asking how to save money on college, then I would recommend living at home and going to a local state school, or find a private school that is willing to pay most of your costs. You can also buy used textbooks, or shop online. Additionally look for scholarships from private organizations that can help you cover the costs.
2007-05-03 14:24:48
·
answer #2
·
answered by Aron K 2
·
0⤊
0⤋
1. I know it may sound funny, but if you are a college student, cut back on alcohol. I think this is where much money is wasted over four years. Alcohol is expensive, and for some reason, students view it as a necessity.
2. Cook for yourself instead of going out. Even if it is just microwaveable meals, you'll save yourself tons of money.
3. Buy and sell textbooks on half.com. You get them cheaper there, and can re-sell at a greater value than your school bookstore.
2007-05-03 14:24:41
·
answer #3
·
answered by Michael Y 3
·
0⤊
0⤋
go to a community college first, then transfer. make sure you do well in all of your classes, so you don't have to repeat them and look into clep a few addtional courses.
2007-05-03 14:44:46
·
answer #4
·
answered by sunshine23511 5
·
0⤊
0⤋