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529 Plans

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Zane Blick

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2y ago
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Cards in this guide (14)
What is a first generation college student

It refers to the first individual in a family to attend a college or university.

Which education savings plan can be used for K through 12 expenses as well as post-secondary expenses

Coverdell Education Savings Plan!

What is the least amount of money a student will receive when participating in work-study

fed mini wage

What is a plan that locks in tuition prices at eligible colleges and universities is known as

Prepaid tuition plan

What should you do with the money left over after all monthly expenses are paid

Put into a savings account.

Where does the funds that are left over in a 529 account after all college expenses have been paid go to

account holder

What it called when you receiving scholarship money to play basketball

Merit Based Aid

What does the 529 plans may be sponsored by all of the following except

K through 12 school districts

Other than living with your parents what is another way to keep living expenses down while in college

live on campus

What is a plan that covers all qualified higher education expenses is known as the

college savings plan

What 529 plans are sponsored by all of the following except

The federal Government Apex

When taking into consideration college's tuition costs students should

✓A. be open to lesser-known, less expensive colleges.

Can a 529 Plan be transfered to the Coverdell Education Saving account

If you move money from a 529 account into a Coverdell Education Savings Account, you pay taxes and a penalty. It is only tax free if you move money FROM a Coverdell ESA to a 529 plan.

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