Win $1000 from CollegeInvest!
We have a great contest going on - click here to get all the details! Your child can win a $1,000 CollegeInvest 529 College Savings Account!
Here’s some more info about CollegeInvest and saving for college…
· College tuition and expenses continue to rise year after year and Colorado families are faced with challenges in meeting these costs. CollegeInvest is the best resource for Coloradans by providing information and options in meeting these needs.
· CollegeInvest 529 college savings plans offer federal and state tax benefits that help these investments grow faster.
· Contributions by Colorado residents to their accounts are tax free at the state income level.
· Money saved through 529 college savings plans can be used nationwide at any eligible public or private college, university or vocational school for a variety of higher education expenses such as tuition, fees, certain room and board, and required supplies.
· CollegeInvest makes it easy to get started, you can open an account for as little as $25 and contribute to your account with as little as $15. CollegeInvest also provides for automatic deposits to a savings account.
· Get into the habit of saving or contributing to a savings account on a regular or monthly basis. Research confirms that those who save regularly tend to save more than those who do not.
Savings Tips from our Customers:
· Consider cutting back on one or two Starbuck lattes a week. $15 a week can potentially grow to nearly $12,000 over a 12 year period.
· When your child moves out diapers, simply transfer those dollars into a college savings account for the child and watch it grow.
· When your child moves from fulltime daycare to kindergarten, take the money you originally applied for their daycare expense to their college savings account. You’re already budgeting for it, and you’ll be surprised at how fast it adds up.
Reasons to Contact CollegeInvest:
· As a not-for-profit division of the Colorado Department of Higher Education, CollegeInvest’s only goal is to help parents and students break down the financial barriers to an education beyond high school.
· A college education provides a strong return on your investment. On average, college graduates earn about a million dollars more over their lifetime than those with only a high school diploma.
· Once you’re started with your child’s savings account, CollegeInvest also makes it easy for grandparents and other family members to contribute to a child’s account.
· CollegeInvest’s range of services extends from cradle to college and beyond, providing assistance at every step along the way. For 30 years, CollegeInvest has helped more than half a million families break down the financial barriers to college by providing expert information, simple planning tools, 529 college savings plans, scholarships, and matching grant programs.