Rules unclear for grandparents' 529 plan
It's hard to say whether their generosity might affect other grants, because regulations are poorly written and contradictory, says the College Money Guru.
SimpleTuition Raises $4.4 Million in Financing
BOSTON----April 14, 2006--SimpleTuition, a new company that will simplify the college financial aid process, today announced the completion of a $4.4 million Series A financing led by Atlas Venture and IDG Ventures Boston.
Education II Feature Package
The following feature package is a roundup of feature stories dealing with education topics and is appropriate for special sections and for general use.
TIPS ON
TOUGH LOVE Here are some tactics parents can use to help themselves and their children financially, at any age: Don't be an ATM. There are loans for college, cars and homes but none for retirement. Don't put your own financial security at risk to help your kids.
Rules unclear for grandparents' 529 plan
Dear College Money Guru, I just read your column about a parent saving for a child's education using a 529. What if it is a grandparent that opens the account?
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