If you’re a New Jersey taxpayer or the student in your life is a New Jersey resident, you can take advantage of these features to help you save money when investing for education with the Franklin Templeton 529 College Savings Plan, offered nationwide by the New Jersey Higher Education Student Assistance Authority.
The complex financial aid process can make it difficult to understand how financial aid is calculated, so often people make poor financial decisions, which negatively impact both the amount they save and their financial aid award. The following helps explain the financial aid formula, including how income and different savings vehicles can affect financial aid awards.
As your child takes the first steps toward the future, it’s important that you take the first steps toward seeing that a college education will be a part of it. Franklin Templeton 529 College Savings Plan, offered nationwide by the New Jersey Higher Education Student Assistance Authority, is a great place to begin.
Used by thousands of families, Spryng is a personal crowdfunding tool designed to help meet the increasing cost of education. It takes just a few minutes to set up a Spryng profile and share with friends and family.
The Age-Based Asset Allocations have been designed for amounts intended to be applied to qualified higher education expenses other than Qualified Elementary or Secondary Education Expenses. Account Owners who intend to apply amounts in an Account to Qualified Elementary or Secondary Education Expenses of the Beneficiary should consider other Investment Options.