Military Finances 201: Getting Uncle to Help Pay for College
The GI Bill might pay for a lot of your kids' college. But it might not pay for everything. Here are a few ways your rich Uncle might help you out.
The GI Bill might pay for a lot of your kids' college. But it might not pay for everything. Here are a few ways your rich Uncle might help you out.
You or your kids may have some student loans (hey, GI Bill might not be able to pay for everything). If you do, then you should probably learn about the recently announced student loan forgiveness.
Student loan debt may be relatively rare amongst children of active and retired Senior Military Officers and NCOs due to available VA and other benefits. That doesn't mean your child won't end up with student loan debt. Should you help pay it off? Here are some things to consider.
So "Junior" is heading off to college next fall. Have you taken a hard look at spending with him? Here are some pointers to start the conversation.
How can you cover your child’s college costs? The GI Bill may help, but it might not cover everything. Here are some college savings vehicles to consider.
You've figured out the GI Bill and your kid is headed off to college, have you gone over the "what if" scenarios with them? In case of emergency, you and your college student will want to have this paperwork filled out ahead.
Active and Retired Senior Military Officers and NCOs are, perhaps, more likely to have leftover funds in a 529 Plan than other Americans. That's because they have access to several educational assistance benefits through the VA or other entities.
Sending your kid off to college comes with a hefty price tag. As you begin the college planning process, keep these 6 common mistakes in mind.
Savings Bonds can provide tax free interest, if the proceeds are used for qualified education expenses while your child is at college. If you're retiring from the military and starting a second career, that tax benefit could disappear.
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