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Don’t Tax My 529 College Savings Plan, President Obama!


Jan 27, 2015
Saving for your college education early is essential in the quest to actually affording it. And if you're lucky enough to have your guardians and relatives willing to help with college costs, the 529 tuition savings plan was the surest route to take. If you aren't familiar, the 529 tuition savings plan was designed to help parents begin saving for college by providing an investment option that allows them to withdraw funds for qualified educational expenses tax-free...or at least that was the case. According to the Wall Street Journal, President Obama has proposed "rolling back" tax benefits of 529 college savings plans and "repeal tax incentives going forward" for Coverdell Education Savings Accounts. For now, both plans allow parents, grandparents or anyone looking to help fund a [...]
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23 months ago 6 comments

The Savage Paul Revere Society's "What Does It Mean to Be an American" Contest is designed to encourage college students enrolled in two or four-year accredited college institutions to study and promote traditional American conservative values. The essay must be approximately 500 words and express respect and love for America. The contest is open to United States citizens who are 17 years of [...]

23 months ago 0 comments Read More

With a new year comes a new Congress under new-ish management. Republicans will control the Senate for the first time in eight years, while the House of Representative will have its largest Republican majority in since 1928. But what does any of that have to do with higher education? Here are five predictions, courtesy of The Chronicle of Higher Education: Gridlock will continue. The [...]

23 months ago 0 comments Read More

Looking for a way to pay for your college education that includes free money? Well, you’re in luck! Here at Scholarships.com, we provide users with the most relevant scholarships and educational information out there. By registering at Scholarships.com, you’ll have access to more than 2.7 million local, state and national college scholarships and grants worth $1.9 billion...and did we mention [...]

23 months ago 1 comments Read More

When considering the true cost of a college education, students must remember to factor in not only tuition but mandatory fees, room and board, books, supplies and living expenses. Unless, of course, you’re considering a community college: President Obama recently proposed free community college for all high school graduates for two years! Score! The concept, according to administration [...]

23 months ago 11 comments Read More

As more and more families across America are affected by Alzheimer's disease, many teenagers as well are becoming aware of this heartbreaking brain disease - from personal experiences in their own families, watching friends and neighbors or involvement in community service. Recognizing this, the Alzheimer's Foundation of America (AFA), a national nonprofit organization, has created a division [...]

23 months ago 0 comments Read More

2015 is nearly upon us and Chegg wants to know what your resolution is to making 2015 the best year yet! They're awarding a $1,000 scholarship to the student with their favorite answer! But hurry, the deadline January 31st! The Contest is open to legal residents of the 50 United States and the District of Columbia, who are: (1) at least 15 years of age, and (2) currently enrolled in high [...]

23 months ago 0 comments Read More

As a Scholarships.com member, you have free access to a customized scholarship search, detailed financial aid information, an organized college search, standardized test study guides and much more. Like what you see? Spread the word about Scholarships.com to your friends through our “Tell A Friend” Scholarship and you'll have a chance to win money for college - $1,000 for you and $500 for one of [...]

24 months ago 0 comments Read More

Newsflash: Christmas is just two days away and if you haven't found the perfect gift for that special college student in your life yet, the pressure is definitely on. And if you're looking to spread some Christmas cheer – yes, even "mature" students love presents! – check out our top picks for gifts they might actually enjoy. Cash GoPro Wireless Bluetooth speakers USB rechargeable [...]

24 months ago 1 comments Read More

The Spirit of Anne Frank Awards are given out each year to students, teachers and citizens who have proven themselves exceptional leaders in their communities. This leadership is exhibited in their desire and drive to combat intolerance, prejudice and injustice. The work and dedication shown by these applicants should be at such a level to enact lasting change, such as: helping to change [...]

24 months ago 0 comments Read More

The transition from high school to college is most evident to students when they realize they’ll no longer be coddled in cozy classes of 20 students or fewer. Lecture halls with 300-plus students are the norm at most major universities, where classes tend to be impersonal, relationships with professors are typically nonexistent and students feel more like numbers than people. So for those who [...]

24 months ago 0 comments Read More

Winning money for college is great but doing so without having to meet astronomical word counts and double-digit page requirements is even better. Lucky for you, the folks at Niche couldn't agree more and have launched the $2,000 No Essay Scholarship. The scholarship is open to all students and those planning on enrolling within 12 months. The monthly winner will be determined by random drawing [...]

24 months ago 1 comments Read More

When it comes to earning a college degree, attending a four-year university may not be the surest route to a successful career: Depending on what you're interested in pursuing, a two-year or technical certificate can offer a better return on your investment. According to the Bureau of Labor Statistics, careers in fields such as health care, manufacturing and information technology offer median [...]

24 months ago 0 comments Read More

How much you end up spending on room and board will vary greatly depending on the school you attend and how flexible you are in terms of your choice of housing. And with the average cost for room and board for the 2014-2015 school year hovering around $10,000, considering schools with more affordable options may be essential to managing your college budget. Check out the list below from U.S. News [...]

24 months ago 0 comments Read More

Looking for a way to pay for your college education that includes free money? Well, you’re in luck! Here at Scholarships.com, we provide users with the most relevant scholarships and educational information out there. By registering at Scholarships.com, you’ll have access to more than 2.7 million local, state and national college scholarships and grants worth $1.9 billion...and did we mention [...]

24 months ago 0 comments Read More

The Girls Impact the World Film Festival, presented by the Harvard College Social Innovation Collaborative (SIC) and Connecther, is a film festival and scholarship program in which high school and undergraduate college students submit 3-5 minute short films that focus on a variety of global women's issues, including maternal health, microfinance initiatives, child-marriage, sex-trafficking, [...]

25 months ago 0 comments Read More

With the holiday season almost upon us and winter break just weeks away, you might want to start considering how you'll spend your free time. And while working and internships are ideal, winter break also provides you with the opportunity to read for pleasure. There are a range of benefits gained from non-required reading that are not confined to just reading ability: Leisure reading has shown to [...]

25 months ago 3 comments Read More

The Young Patriots Essay Contest is designed to challenge high school students to creatively solve problems in the realm of public policy through the art of writing. Controversial topics are assigned each year and only three winners will be chosen. The topic of this year’s essay contest is: “According to the four required readings. What policy changes should the government pursue in order to [...]

25 months ago 0 comments Read More

For the budget-conscious high school senior, it seems like a no-brainer to apply to the local state school for the best shot at affordable tuition. But that's not always the case: Depending on where you live, an out-of-state college may be even cheaper than your home state university. Don't believe us? Check out the list below from U.S. News and World Report for the top 10 public colleges with [...]

25 months ago 0 comments Read More

The AXA Achievement Scholarship awards $670,000 annually. Fifty-two students – one from each state, Washington, D.C., and Puerto Rico – receive scholarships of $10,000. Of those 52 students, 10 students are chosen as national winners and receive an additional $15,000 scholarship award and an internship opportunity with AXA Equitable. Scholarships are awarded to students who demonstrate [...]

25 months ago 0 comments Read More

With this year’s midterm elections behind us, have you ever wonder: “Man, I could do a better job than [insert disappointing political official’s name here]”? Only to realize almost immediately that crushing sense of defeat given the fact that you’re too young and inexperienced to run… or are you? Saira Blair, an 18-year-old West Virginia University freshman, won a seat on the West Virginia [...]

25 months ago 0 comments Read More

In an effort to help talented low-income high school students get into and succeed in college, Bloomberg Philanthropies has announced a new initiative to do just that. According to The New York Times, the effort will involve hiring 130 full-time college counselors and enlisting 4,000 college students as part-time advisers. Using video chat, email, telephone and text, they will mimic the [...]

25 months ago 2 comments Read More

Degreed wants to hear about your passion and your plan to pursue it. Whether you're looking to study abroad, go to college, take an online course or attend a conference – Degreed will fund the learning opportunities you're passionate about. Why? They believe a person's education is a collection of all their learning and life experiences – not just a formal degree. They're here to level the [...]

25 months ago 0 comments Read More

The Graduate School at Northwestern University will join Elmhurst College, the University of Iowa, Massachusetts Institute of Technology and a handful of law schools as it begins asking applicants about their sexual orientation. According to The Graduate School, this question has been added to its application to gain a clearer understanding of the school's community and to better serve all in [...]

26 months ago 3 comments Read More

As a Scholarships.com member, you have free access to a customized scholarship search, detailed financial aid information, an organized college search, standardized test study guides and much more. Like what you see? Spread the word about Scholarships.com to your friends through our “Tell A Friend” Scholarship and you'll have a chance to win money for college - $1,000 for you and $500 for one of [...]

26 months ago 0 comments Read More

Former Presidents Bill Clinton and George W. Bush unveiled the Presidential Leadership Scholarship Program aimed at helping academics and business leaders learn more about presidential leadership. Clinton said the initiative will encourage Americans to “have vigorous debate, serious disagreement, knock-down, drag-out fights, and somehow come to ultimately a resolution that enables the country to [...]

26 months ago 2 comments Read More