College Savings / Student Loans Questions

Current financial state of College Illinois!

Hi Terry, My husband and I were somewhat relieved to find your answer to a similar query in December 2013....

Student loans

Which are the best loans to reach for at this point. We figure we will need 10k for the next...

college debt and my children

hi TerryI have written to you before. I am saving for an emergency fund and paying off debt. I have...

Student Loans for my son

My son is going to be a Sophomore in college. Freshman year FAFSA provided a small Un-Subsidized loan opportunity. I...

loan

Hi Terry my son will be attending college this fall. in order for him to start I still owe the...

Transferring 529 funds to another 529. Must they be ‘like’ to ‘like’?

Can I transfer the funds from one 529 to another? Specifically, I have some funds (unhappily) in the Montana Family...

My 21 year old non-traditional student

Hi Terry, Are there any resources that we can tap into to help my daughter pay for an MRI Scanning...

Funding Grandchildrens College

I have been looking into college Illinois for my grandchildren and am very disappointed. It looks fairly risky. Would I...

college funds for 10 year old

I use Bright start college fund, (I think it is called that), never the less, I saw that you do...

saving for college

Hi Terry, My daughter is approaching her first birthday and have begun saving for her future college tuition. What would...

PARENT PLUS LOANS

I TOOK OUT A PARENT PLUS LOAN (8.5%) ABOUT 8 YEARS OLD WHEN MY SON WENT TO COLLEGE YOU HEAR...

College Savings and risk of age-based

I am a resident of Illinois and currently have a Bright Start direct-sold plan for my each of my kids....

Bright Start — still against it??

Do you still not recommend using the Illinois Bright Start program? Terry Says:  You can start a 529 savings/investment plan using...

ROTH IRA features for children vs 529

I would like to set up a ROTH IRA for my grandchildren. Can they later on take the money out...

college loans

My kids need to get a loan for college this year. Hopefully we can pay it off quickly. Where is...

529 Plan on FAFSA — which (divorced) Parent should be custodian?

    Hi Terry, it was good to see your article discussing the FAFSA today. My daughter is a freshman...

Coverdell ESA tax free distributions?

I would like to know if any of the following expenses are reimbursable (tax free) from a Coverdell ESA? SAT/ACT...

Tax on non-educational withdrawal Bright Start program

Hello, We withdrew funds from our four grandchildren's Bright Start account. We used the money as a down payment to...

taxes on a college savings account?

I have College savings accounts for my two grandchildren totaling about $133,850 together. Since I am in my upper 80's,...

FAFSA and parental privacy

Hi Terry. I just read your BLOG posting about FAFSA and Family via Huffington Post. You are the first person...

money

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