Saving for College
College funding begins with saving. But how much should you save—and how?
The College Board® reports that the 2016-2017 average budget of a full-time undergraduate in-state student at a public four-year college is $24, 610. The cost jumps to $49,320 for a full-time undergraduate education at a private nonprofit college. These figures include tuition and fees, room and board, books, supplies and other incidentals.
While college costs continue to rise, the good news is that there are many smart, tax-advantaged ways to save for college. We’ll help you navigate your college savings options, and provide tips and tools to help you make a college education an affordable choice for you or your child.