College tuitions can be more affordable with an education funding plan
paying for college tuition issues
During the 2003-04 school year, tuition at public four-year and two-year colleges rose to its highest rate in three decades (Source: The College Board, Trends in College Pricing, 2003).
Putting together a strategy to fund a college education is often a family affair - a combination of savings from parents, grandparents, and children, loans taken by both parents and students, as well as grants and scholarships.
Your family's financial need is the primary factor in determining whether or not you qualify for financial aid. However, some states base their determination on academic performance as well.
If you're going back to school, you can deduct education expenses if the schooling enables you to keep your job and salary, or maintains or improves the skills you need in your current job.
Guardian can help you plan for the rising cost of education with our mutual funds, 529 plans and other products.
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