Education

Learn about a 529 college savings plan, Coverdell Education Savings Account (ESA), and custodial accounts, plus tips on saving and paying for college. Or explore other financial planning topics:

9 Tips for Teaching Kids About Money

How do you foster financial independence and financial literacy among young people? Two Schwab experts share their tips.

Should You Save for Retirement or Pay Off Student Loans?

Just because you have student loans to pay off doesn't mean you should put investing on hold to do it—you don't have to prioritize one over the other.

Grandparents' Guide to Teaching Financial Literacy

Grandparents are in a unique position to help teach their grandkids about financial literacy. Here are four ways to pass your support to the next generation.

The Pluses and Minuses of PLUS Loans

A Parent Loan for Undergraduate Students (PLUS) is a common way for parents to help pay for college. Here's what to know before you take one out.

3 Alternatives to Cash Gifts for Graduation

Schwab strategists share three ways to help improve the financial standing of your recent grad.

Paying for College: Are Scholarships Taxable?

Scholarship money is generally tax-free provided the student is a candidate for a degree at an eligible institution and the money is used to pay for qualified expenses.

529 Accounts: When a Child Doesn't Go to College

Kid not going to college? Don't despair. Those 529 assets can be used for a variety of education costs.

Saving for College: Custodial Accounts

Custodial accounts may not offer the tax benefits of 529 plans, but they can be used to fund expenses that 529 plans don't cover.

College-Bound Student? It's Time to Fill out the FAFSA®!

Don't assume you won't qualify for college financial aid; file the FAFSA® early to maximize your opportunities.

Saving for College: 5 Costly Mistakes to Avoid

A 529 college savings plan offers many advantages, but it can come with some surprising pitfalls. Here are five mistakes to avoid.