Need help on Education Fund for Grandchild 
Funding a college education can be very expensive . Grandparents can help . The money that the grandparent saves should be in their name , not the students , unless you are using a Section 529 plan . The contributions that a grandparent makes to the childs education should be delayed until the final year of undergraduate education ; otherwise it is included in the Expected Family Contribution as determined from the FAFSA form . An annuity is a good way to accumulate these funds . One of the grandparents should be the annuitant . 