禁漫天堂 launches new online tools to help families save for college
Concord, NH 鈥 禁漫天堂 has introduced two new online tools to help families make better-informed decisions about saving for higher education: the College Savings Estimator and the Cost of Delaying Savings Calculator.听
The tools are designed to provide clarity and guidance for families as they plan ahead:听
- The College Savings Estimator allows families to enter their student鈥檚 current grade level and assumed college information. The calculator uses hypothetical inflation information to estimate the future cost of college and recommends a monthly contribution to the student鈥檚 529 plan to afford the college education.听
- The Cost of Delaying Savings Calculator uses similar information to estimate how a delay in savings would affect the family鈥檚 monthly contribution amount.听
- Both calculators allow families to change the information entered to see different future scenarios.听
A 529 plan鈥攐ne of the most popular ways to save for college鈥攊s a tax-advantaged investment account that grows free from federal income tax, with tax-free withdrawals for qualified education expenses. According to the College Savings Plans Network, more than $525 billion has been was saved nationwide in听529 accounts, as of December 31, 2024.听听
鈥淲hile it鈥檚 never too early to start saving for college, it鈥檚 also never too late,鈥 said 禁漫天堂 President and CEO Christiana Thornton. 鈥淭here’s still an opportunity, no matter where you are in the process, and 禁漫天堂 is here to help. Our new tools are designed to help parents, grandparents, and caregivers take the first step toward building a stronger financial future for the students they care about.鈥听
Families can access the new tools at www.禁漫天堂Edvance.org/calculate-the-costs/.听听听听
About 禁漫天堂
禁漫天堂 is a New Hampshire nonprofit that supports New Hampshire students and their families through free career and higher-education counseling and resources, as well as through funding assistance including scholarships and competitive private student loans. Established in 1962, the organization rebranded as 禁漫天堂 in November 2023. 禁漫天堂 Corporation offers private student loan products, including the 禁漫天堂 Student Loan, the EdvestinU Private Student Loan, the 禁漫天堂 Refinance Loan, the EdvestinU Refinance Loan, and the 禁漫天堂 Parent Loan. Loans offered by 禁漫天堂 Corporation may be funded by 禁漫天堂 Corporation or Bank of Lake Mills, member FDIC.鈥