Saving for College
This webinar is for parents with children of all ages and describes information and resources that families can use to put a college savings plan in place. We answer questions such as: Why and how much should I save for college? When and how should I start? What is the best way to save? How will saving affect college financial aid? Watch to learn how to prepare best for college costs. Download the webinar slides to follow along.
El ahorro para la universidad, presentado en español
Este seminario web, presentado en español por Carmen Pineda, de MassEdCO, es para padres de niños de todas las edades, y explica información y recursos que las familias pueden utilizar para iniciar un plan de ahorro para la universidad.
The Power of the U.Plan Prepaid Tuition Program
Learn how to lock in tomorrow's tuition at today's prices with the U.Plan, Massachusetts's prepaid tuition plan. This webinar covers the unique money-saving benefits of the U.Plan, teach you how to enroll and contribute, demonstrate how your savings will grow even if your child attends a college out of state, and explain how to use the plan to guard against the increase in tuition at dozens of public and private Massachusetts colleges and universities.
Why Save for College?
Even if you understand the importance of saving for college, it can be challenging to start the process. And many people fear that if they can't pay for all of college with savings, it's not worth it to try. MEFA's Associate Director of College Planning Jonathan Hughes explains why saving is important, how the cost of college might not be as high as you think, how savings can reduce the need to borrow, and why saving for college sends a message to a child.
The U.Plan
As the Massachusetts prepaid tuition program, the U.Plan offers a way to save for college while protecting yourself from rising costs by locking in today's tuition and mandatory fee costs at a network of colleges and universities in Massachusetts. MEFA's Associate Director of College Planning Jonathan Hughes explains how the U.Plan works, how the money is invested, and how you can get started saving for college today!
90 Seconds with MEFA: The U.Fund
As the Massachusetts 529 college savings plan, the U.Fund offers affordability, flexibility, and powerful tax advantages. MEFA's Associate Director of College Planning Jonathan Hughes explains how the U.Fund works, how the money is invested, and which expenses the funds cover.
What is a 529 Plan?
Any way that you can save for college is a good way, but 529 plans were specifically created to save for college and have tax advantages. MEFA's Associate Director of College Planning Jonathan Hughes explains how to set up a 529 account, how the money is invested, where the funds can be used, and which expenses the funds cover.
College Gifting
Did you know that friends and family members can contribute directly to your college savings account? With more money in the account to invest and earn returns, your savings have the potential to grow faster to help you reach your goals. MEFA's Associate Director of College Planning Jonathan Hughes explains how you can set up gifting for the U.Fund College Investing Plan and the U.Plan Prepaid Tuition Program.
Save for Tomorrow, Starting Today
Saving for college may seem like an overwhelming task. But with MEFA's help, you can do it — little by little. Hear from other families in Massachusetts who have turned the dream of a college education into reality.
The U.Plan Made Simple
It doesn't take long to learn how the U.Plan works. This easy-to-understand two-minute video is a great place to start. And then visit our U.Plan page to set up an account and begin saving.