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{"id":12664,"date":"2014-03-12T11:59:28","date_gmt":"2014-03-12T11:59:28","guid":{"rendered":"http:\/\/www.seonewswire.net\/2014\/03\/how-to-use-college-savings-to-pay-for-classes-not-covered-by-financial-aid\/"},"modified":"2014-03-12T11:59:28","modified_gmt":"2014-03-12T11:59:28","slug":"how-to-use-college-savings-to-pay-for-classes-not-covered-by-financial-aid","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2014\/03\/how-to-use-college-savings-to-pay-for-classes-not-covered-by-financial-aid\/","title":{"rendered":"How to Use College Savings to Pay for Classes Not Covered by Financial Aid"},"content":{"rendered":"

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Young people with special needs may be looking forward to becoming full-time college students, or they may wish to take just a course or two for a specific purpose or to see whether college is the right choice for them. However, non-degree-seeking students are not eligible for federal student aid, so students and their parents may need to consider other methods of paying for college expenses. A 529 plan can be a good option.<\/p>\n

New York’s 529 College Savings Program allows one to save for oneself or for a child, grandchild or friend. Funds can be used at eligible two- or four-year colleges or vocational schools anywhere in the country, for tuition, books and certain housing and food expenses. Qualified withdrawals are federally tax-free and earnings grow federally tax-deferred. Additionally, up to $5,000 (or $10,000 for married couples filing jointly) in contributions may be deducted from one’s New York state tax return. (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Young people with special needs may be looking forward to becoming full-time college students, or they may wish to take just a course or two for a specific purpose or to see whether college is the right choice for them.…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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