There are many ways to fund the dreams of any aspiring college student. Through Retirement Accounts, college plans, and the most obvious being Federal Student Aid. Regardless of the circumstances, most college students need some kind of financial aid going into their first year of college life and beyond.

Lets get into these 4 great college funding sources to get you and your student on the right path.

Which College Funding Sources are more suitable for you?

Federal Student Aid

FAFSA is the most common college funding source amongst college students to date. FAFSA tends to gear more towards low ioncome famalies and the students that are not capable of savings tons of money before taking that big step forward. FAFSA is unlike other college funding sources, being as you’re applying for grants and loans.

The 529 College Plan

A 529 plan is a savings plan run by a state or educational establishment. The plan helps families set funds to the side for college costs. All income in a 529 plan will not be taxed when the money is taken out to pay for college, and also develops tax-free.

Gerber Life College Plan

The Gerber Life College Plan is unlike other ways to save for college. The Gerber Life College Plan guarantees that you will reach your goal at maturity. Your benefit for college is guaranteed-regardless of any interest rate or market fluctuations. You can also use money from your policy for any purpose, not just college expenses.

Retirement Accounts

The use of Retirement accounts for college funding should be pretty obvious. If you didnt get a chance to plan ahead you might need to tap into your retirement funds to get your college student up and running. This is why penalty-free withdrawls come in handy in the future.

GET QUICK COVERAGE WITH LOCAL LIFE PRO

College Funding

Many parents of college-bound students may worry about the amouunt of money they have saved for college. It all comes down to the types of investments they make that will determine how much financial aid there student will recieve. This is important because most college students need some kind of financial aid wen the time comes.

%

Percentage of full-time undergraduate students at four-year colleges that recieved some form of financial aid in 2012-2013

For more information about these 4 Great College Funding Sources, you can always….

or
Work With An Agency Built For Everyone
T

We Find What's Best

Our agents are trained to help individual find the best options for them. You can forget about pushy sales tactics! Here, our clients come first.

Local & Licensed

Find local agents nationwide that are trained, certified, and licensed to sell! Our agents keep it professional and know all the best plans in your area.
I

Life Insurance Made Simple

We help our clients step-by-step to getting the best policy for them at the best price. We handle the dirty work, making it as stress-free as possible for buyers.

Denied Life Insurance? Now What? Your Life Insurance Options

Getting Life Insurance coverage is never guranteed. Lets say you have a major medical condition, or your career environment is deemed unsafe. Many insurnace companys are more than likely to deny your application instantly. Luckily, there are other options. Regardelss...

Pros And Cons of Accelerated Death Benefits

Pros and Cons of Accelerated death benefits (ADB). Without a doubt living benefits are definitely a valuable addition to any life insurance policy. Although there are certain elements that should be considered before purchasing a product that carrys living benefits,...

4 Great College Funding Sources

There are many ways to fund the dreams of any aspiring college student. Through Retirement Accounts, college plans, and the most obvious being Federal Student Aid. Regardless of the circumstances, most college students need some kind of financial aid going into their...

Pros And Cons of Guaranteed Universal Life Insurance

Pros And Cons of Guaranteed Universal Life Insurance. Many people stumble upon the middle ground between Term Life Insurance And Whole Life Insurance. With the downfall of Term not being lifelong, and Whole being more expensive, Guaranteed Universal Life Insurance can...

New Policy Outshine Reasons Not To Buy Mortgage Protection Insurance

Everywhere tells people that Mortgage Protection Insurance isn't a good investment. They're talking about the old-fashion plans. We have the new plans. Outdated Mortgage Protection Let's start with the reason Mortgage protection Insurance used to be a bad investment....
Speak With A Local Life Insurance Agent

Local Life Pro has over a thousand certified, licensed life insurance agents scattered throughout the 50 states. We guarantee to have one nearby that knows all the plans in your area, as well as granting you the opportunity to meet in person to discuss better plans available. Your information is safe with us. Fill out the form to have a agent call you shortly.

8 ways living benefits can boost your life insurance policy

Speak With A Local Life Insurance Agent About Other College Funding Sources

13 + 3 =