College Resources & News from CFNC

From baby’s first teetering steps until your child strides across the high school graduation stage, you’re focused on the future. You read stories and do homework to support their education.

The first years of your child’s life are filled with countless milestones: crawling, walking, talking, making friends, learning to count and read. There were first teeth and new words spoken.

College Savings Day will be held on May 29. This is an excellent opportunity to learn more about how to save for college. Bray Creech has highlighted four key points that pertain to 529 Plans for this article in Citizen-Times.

Timeka Ruffin is a representative of the College Foundation of North Carolina. She talks with the morning show about teaching kids to save.

At the NC 529 Plan®, our everyday focus is on helping families plan and pay for college. We’re passionate about this effort, and we fully recognize that North Carolina students rely on their teachers, administrators and other caring adults to help them reach the goal of going to college too. During Teacher Appreciation Week and always, we extend our gratitude to the men and women who guide the education of our students.

Friday, April 28, is Teach Your Child to Save Day, and WECT News elected to share tips on kids saving from the NC 529 National College Savings Program.

North Carolina’s National College Savings Program, known as the NC 529 Plan, originally launched with a single investment option and transitioned $9.5 million in assets and 2,185 accounts to a multiple option format in 2001. The current NC 529 Plan, with 13 different investment options, now has a fund balance of just over $2 billion and 135,524 active accounts, 91% of which are owned by North Carolina residents.

April 28 is National Teach Your Child to Save Day and the NC 529® Plan is encouraging parents to turn their tax refunds into a teaching tool.

April is Financial Literacy Month. The goal of Financial Literacy Month is to help Americans become savvier when it comes to their money. From creating a budget to learning about investing, this is an ideal time to pause and evaluate your family’s level of financial knowledge.

One of the most common questions parents have about an NC 529® Plan is when should I set up an NC 529 Account? It’s a simple question with a straightforward answer — now! That’s because it’s never too early to start saving for your child’s higher education.