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Help Your Children / Grandchildren Go To College

There are many ways you can pay for your children or grand children's college expenses, including financial aid, student loans, government grants and scholarships. Grants and scholarships rarely pay for all the expenses. Large loans put a burden on your children for years after they graduate. You need to save money to help your children get ahead. The earlier you start the easier it is to save and the more you will have. The best vehicles for saving money and paying for college are listed below.

  • Coverdell Education Savings Accounts (formerly Education IRAs)
  • 529 plans
  • Retirement plan loans
  • Pre-paid tuition investments
  • Home-equity loans

Mother with ChildOur Money Place can help you plan savings strategy so your children can succeed in college without incurring any long term debt. We will help you explore all your options.

If your child is already in school Our Money Place can help you develop strategies to pay for school that will be the most financially beneficial to you and your family, this includes helping you find potential scholarships/grants.

For only $200 you can help your children and grand children get ahead in life. Call Our Money Place today at 410-362-5900 to make an appointment with a financial advisor.