Yes and the tax benefits could be used to get back some money you spent on tuition or loan interest.
What are Qualified Tuition Programs?
A QTP or 529 Plan is established by a state or school so you are able to prepay or save up to pay for your education related expenses and once withdrawn for school it will not be taxed.
How will I know if my college I plan on going to takes part in the QTP?
Just ask your financial aid office or admission staff.
OK thank you. I would also like to find out about student loans. How can I find out which is the best payment plan option for me?
The checklist will guide you through this. It will also provide you with information about making payments.
Who handles the billing and services for my federal student loans?
Your loan servicer is responsible for this. In most cases, you will have one loan servicer for al of your federal student loans, but it is possible that you could have more than one.
When do you begin paying on most loans?