If attending college in home town & living at home can 529 money be used for gasoline for commuting to and from school?
Posts Tagged ‘School’
What is the best school for Investment Banking and Finances?
11
Mar
What are colleges (also you can put in Historical Black Colleges) good for people who want to be an investment banker?
If I plan to attend law school in 6 years, should I start a 529 plan for myself?
10
Mar
I figured I can put away 10k per year for 6 years to cover a year’s expense in law school
Do investment banks sponsor their entry level workers to return to school?
08
Dec
I know that investment banks also have entry level jobs for college graduates, looking to acquire some experience in the field. But does the investment bank sponsor, or encourage it’s entry level college graduates to return to school for an MBA? Because an MBA is crucial in the field…
Should I start looking for work or consider graduate school after college?
30
Nov
I am graduating next spring with a BS in Accounting. I acknowledge that it is nearly impossible to find a job related to many college majors during these times but I do not want to go to graduate school not knowing whether it is worth it and thus making a poor investment (eg. burdened with student loans).
What high school classes and college courses?
29
Oct
What high school classes and college courses are needed to become an investment banker?
What determines how much financial aid you can get for graduate school?
06
Oct
I am having a hard time finding out details of what determines how much financial aid you can get for graduate school. What I need to know is — how much does personal savings and salary influence your ability to get aid? I currently make approx $70k and have approx $30k in savings. About $10k of that is in a Roth IRA, another $10k in CDs (emergency fund) and $10k in stocks. I also have about $1k in a 529 plan I started this year.
I am an independent from my parents, so their finances will not effect my graduate school aid package, from what I understand. They do not have the money to loan to me for grad school. They did pay for my undergrad education, so I never had to go through the loans process then. Which is I am very thankful for. However now I am very confused about the loans available for graduate study and how to get them.
While I would like to get a TA position during grad school, I am not sure that will be possible. I am either looking to get an MBA or MS/MBA dual degree. I may not work during the 2-3 years of my education.
I’ve heard that you’re actually better off having no savings when you apply for loans. Is this true? Also, is it better to have a low-paying job for a year before you apply for school and financial aid? Does my Roth IRA count in my savings?
Any information you can provide about my financing options and how my current savings and salary will effect my chances of getting aid would be greatly helpful. Thanks!
If I get the amount appropriate for my “family income” what is that based on? I might be making 70k now as a single earner, but when I am in school I will be making 0k. Does that matter?
I’m getting ready to fill out my FAFSA for grad school. What’s the best way for me to qualify for fin aid?
15
Sep
I’ve worked for a management consulting firm since I graduated from undergrad in 2006, so I’ve managed to save a modest chunk of my salary/bonuses. Should I try to shelter my savings by paying off outstanding undergrad loans (about $6000)? Should I divert more funds into my 529 plan (I’ve put about $4000 into it over the past 18 mos)? Or perhaps I should just pay off my car loan early? I want to get the most out of my FAFSA application since, like most graduate students, I will be funding my 3-year education entirely on my own. What’s more, I’m expecting to need quite a large sum for living expenses over the next 3-years – the cost of living is pretty high in NY/London/Boston/SF (guess my schools of choice, wink, wink). I don’t want to be penalized for being a saver since I could have blown my paychecks on Prada purses and Theory suits instead of contributing to my 401K, 529 plan, and savings accounts. I’ve heard it all, “give your savings to your parents”, “open a Roth IRA”. HELP!
Is 4year undergrad for a bachelors degree and med. school done in the same college or at 2 diffrent colleges?
29
Aug
Kso my question if it’ll just be like 8 years in the same school or will i have to apply to a diffrent school (med. school) after i complete 4 years and get a bachelors? and i would also like to know how much these 8 years in college (undergrad and med. school) will cost.
The thing is i want to become a doctor (a dermatologist to be exact) and im currently in 8th grade i want to apply for a 529 college savings plan in maryland but the problem is that they’ll only let u save up for 5 years and so what about the other 3 years? And i want to make sure i have full coverage so i dont have a huge loan after college? btw does a 529 plan even cover my whole college expense or just part of it!?!? if it helps here their website: http://www.collegesavingsmd.org/plan-com…
Thank you so much u guys dont know how much help ur answers will give me thanksss!(:
How far ahead should I plan for medical school?
25
Jul
I am a High School senior who plans to major in Biochemistry and then proceed to medical school after. What preparations should I be making for those extra 4 years of education? I already know that my undergraduate major must prepare me in the sciences for the MCAT, which is why I chose Biochemistry. What should I do to prepare my finances for medical school? Do I need to start saving now or wait until the time approaches? I already have a scholarship which will pay for all of my undergraduate education, so I won’t have to worry about that. I am also recieving academic grants which should be enough to cover my books. Though the university is in my hometown, I was planning to move out just to get a full college experience just as most students do. Approximately 50% of my housing and meal plan would be covered by need based grants. I am still applying and waiting for other grants. Would you recommend saving the grant money and staying at home in place of living on campus?