Most parents want to set money aside in their student’s college fund, but that doesn’t mean all of them can get started right away.
1. 529 EDUCATION SAVINGS PLANS
When you need to set money aside for your student’s college, a 529 Plan can make it easier, even if you’re a bit short on time.
2. 529 PREPAID TUITION PLANS
Another type of 520 Plan, prepaid tuition plans, don’t involve investment accounts, which can make them a better choice for risk-averse savers.
3. UPROMISE ACCOUNT
Upromise is technically a rewards program, allowing parents to set money aside for a student’s college by making everyday purchases at participating retailers.
4. SCHOLARSHIPS
When it comes to paying for college, scholarships are an excellent option, particularly if you’re short on time.
(...And Avoid Student Loan Debt)