The U.Fund offers flexibility, can be used for qualified education expenses, and is invested in the market. The U.Plan offers peace of mind, can be used for tuition and mandatory fees, and is invested in bonds. …

We explain why it is still important to save for college if you have the ability to do so, how the market has reacted in the past to similar situations, and other ways to save for college that are not subject to market fluctuation. …

The Act allows 529 distributions to pay back student loans and may give grandparents a new way to take advantage of their savings. …

We answer frequently asked questions including does a student get ignored for financial aid if the family has a college savings account, how does a college savings account affect my eligibility for financial aid, will the financial aid amount change once the school learns of my college savings account, and what happens if my grandparents save for my college? …

Tips include using a college savings account, starting small, involving your children in the process, taking advantage of gifting, setting up automatic deposits, and diversifying your investments. …

Tips include using daycare money, getting your child involved, selling Halloween costumes, encouraging college gifting, planning meals, having a yard sale, and selling gift cards. …

With the U.Plan, if you don't attend a participating college or university, you'll still receive your savings back plus interest calculated at CPI with no penalty or taxes due on earnings…

Resources include The College Planning Tool, College Savings Calculator, College Savings Tips, Saving for College Webinar, MEFA's U.Fund 529 College Investing Plan, and MEFA's U.Plan Prepaid Tuition Program…

Transfer your funds by completing Form 8888 using your online tax software, listing the accounts into which you would like your refund deposited, and attaching the form to your federal income tax return. …

Tips include making a profit from your clutter, meal prepping, staying home more often, unsubscribing from retail emails, and claiming receipts for cash back. …