Saving For College FAQ

Planning for your child’s future college expenses? Here are some of the most commonly asked questions about saving for college.

When should I begin saving for my child’s college?
How much will college cost?
What are Pell Grants?
What effect will scholarships, grants and other awards have on federal financial aid?
Are there advantages to using savings bonds to save for college?
What is a 529 plan?
What is a Federal Perkins Loan?
What is a Federal Stafford Loan, and what is the difference between subsidized and unsubsidized?
What is a PLUS loan?
What is a QTP?
Who is eligible to receive Federal Student Aid?


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