College Resources & News from CFNC
What is National 529 Day? What kind of incentives and deals can I look forward to when it comes to college savings? When is a good time to open a 529 plan? Are there any deadlines for starting or contributing to a college savings plan? How can I "celebrate" 529 Day?
What are the best college funds to invest in while my child is young to maximize the amount of money we can save for college? Talk me through my options and the pros and cons of each.
I am interested in hearing more about the recent changes to how 529 plan funds can be used. Give me details on the new tax-free rollover into a Roth IRA account. How does this new rule work? How do I avoid the penalty for using 529 funds for things other than education expenses? What are the limitations to rolling over 529 funds into a Roth IRA?
College Foundation is pleased to announce that 15 outstanding North Carolina 7th graders have been named as recipients of the Victor E. Bell, Jr. Scholarship. Each Bell Scholar is eligible to receive up to $20,000 for higher education expenses.
North Carolina students from households making $80,000 or less could have their tuition and fees fully covered at any of the state’s 58 community colleges or more than half of, if not all, of their tuition and fees covered at any of North Carolina’s 16 public universities thanks to the new Next NC Scholarship.
Saving for higher education may seem intimidating. There are so many questions about where to start and how much to save. The uncertainty of it all could make you wonder if you should create a savings planner. The good news: we can help. Discover these four helpful tips for creating a savings planner for a college education.
As an NC 529 participant, your account earnings cover an increasingly wide range of eligible education expenses. Once money is in your account, it can grow tax-free. But before you make a withdrawal, first check that the expense is on the list of qualified 529 expenses.
You may not know much about how a 529 plan works or why you’d want to invest in one. In fact, it’s a highly effective way to save for college, career/technical programs, K–12 tuition, and more. Keep reading to learn more about it.
The Hahns are the BIG winners of the NC 529 Fall into Savings Sweepstakes in honor of College Savings Month! Carter, their current 8th grader, will have $5,529 put into his NC 529 Account. With big dreams of heading to college and working in Formula 1 racing later in life, this is a way to “supercharge” his college savings.
An NC 529 Account can be a powerful tool to save for K–12 tuition and college costs. As an investment in the future, the money grows tax-free when it’s used for qualified education-related expenses. Getting started is as easy as investing $25, but figuring out how much to contribute to a 529 account can be a challenge for many trying to save for education.