Saving for College
Saving isn't easy, but don’t be discouraged. The more you
save, the less you will need to borrow for college. And the earlier you
begin, the less you will need to set aside each month.
Your Savings Goal
To understand how much you will need to save, try this college
savings calculator. It will help you estimate the cost of attending
a college or university and then determine how much you will need to save
to meet those costs. You don’t need to save the total
cost. Your family may be able to help, and financial aid is available
to those who need it.
Ways to Save
For more information about ways to save for college, talk with a qualified
investment advisor or a representative at your local credit union or bank.
They can tell you about saving for college using:
- College savings plans
- Federal savings bonds
- Stocks and mutual fund accounts, and more
Guaranteed Education Tuition (GET)
You and your family also can participate in Washington’s pre-paid
college tuition program. The Guaranteed Education Tuition (GET) program
allows Washington students and families to buy tomorrow’s college
tuition today.
Anyone – parents, relatives, or friends – can
buy tuition units, which can be used at any accredited public or
private university, college, trade or technical school in the country.
For more information, call toll-free 800-955-2318 or
visit the Web site at: www.GET.wa.gov
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