Introduction

Planning for Your Children's College Education

College costs are increasing at a high rate at both private and public schools. Four years of tuition and room and board at a private college could reach astronomical levels. And public colleges, although significantly less expensive than their private counterparts, are still costly. It is important to understand the choices and options available to you to help you plan carefully for this major expenditure.

Take some time to explore this section. When you've done so, you will:

  1. Have an idea about how much college will cost.
  2. Have basic information on investment alternatives you should consider.
  3. Know if it makes sense to own the investments yourself or to keep them in your child's name.
  4. Be familiar with alternative pre-funding plans and sources of loans when you haven't saved enough.
  5. Understand the various education tax incentives available.
  6. Have basic knowledge of the financial aid process and ways to improve your eligibility.
  7. Know where to go to get more information on scholarships.
  8. Be able to develop an action plan to best meet your overall college funding needs.
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Securities and Investment Advisory Services are offered through LPL Financial, a Registered Investment Advisor, member FINRA/SIPC. Insurance products are offered through LPL Financial or its licensed affiliates. Heartland Planning Associates is a trade name of Heartland Bank. Heartland Bank and Heartland Planning Associates are not a registered broker/dealers and are not affiliated with LPL Financial.  The investment products sold through LPL Financial are not insured Heartland Bank deposits and are not FDIC insured.  These products are not obligations of Heartland Bank and are not endorsed, recommended or guaranteed by Heartland Bank or any other government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.  The LPL Financial representatives associated with this website may discuss and/or transact securities business only with residents of the following state: Ohio. Check the background of investment professionals associated with this site on FINRA's BrokerCheck.


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