Money is set aside in an investment account. Functionally, they’re similar to 401(k) and IRAs in that regard, allowing the money to grow for a specific purpose.
The money sent in purchases credits at participating colleges and universities in advance. Then, those credits are cashed in once your student starts attending school.
A rewards program allowing parents to set money aside for a student’s college by making everyday purchases at participating retailers. It gives you money that you can deposit into a connected 529 plan.
There are awards that students can apply for during the school year before they’re heading to school. Plus, there are others that they can earn earlier in their high school career
Encouraging your student to take AP courses and CLEP exams may not give you more money to set aside for their college education, but it can reduce how much they’ll need to spend to cover tuition and other costs.
Have your student do their first two years of schooling through a community college. Two-year institutions usually have lower tuition rates and fees than their four-year counterparts.