Such as grants, scholarships, and other financial aid. These programs are restricted to state residents or students attending state institutions

Contact your state education department for complete information list of state education agencies:

For a demonstration of the program:
link to our member site www.SayStudent.com
for a state-by-state listing:

see state-by-state listing

• federal-merit scholarship program that will pay for college and provide a monthly allowance;
  
  
• program available at approximately 600 colleges nationwide.
  
  
• you must meet specific academic or physical fitness requirements to join.
  
  
• you will be required to complete a period of military service after you graduate.
  
  
• you will receive a commission as a U.S. military officer upon successful graduation.
  
  link for information:
  
  
  • Navy: www.nrotc.navy.mil
  • Army: www-rotc.monroe.army.mil
  • Air Force: www.afoats.af.mil/rotc.htm
  • Marines: www.marines.com
  • National Guard: www.ngb.army.mil
  • Coast Guard: www.uscg.mil
    

Service Academies:

• military academies pay for college and provide a monthly allowance.
  
  
• appointees to the academy are nominated by a member of Congress.
  
  
• you will receive a commission as a U.S. military officer upon successful graduation.
  
  link for information:
  
  
  • Navy: www.nadn.navy.mil
  • Air Force: www.usafa.af.mil
  • US Military Academy: www.usma.edu
  • Coast Guard: www.cga.edu
  • Merchant Marine: www.usmma.edu

Savings programs established and administered by States for the purpose of setting aside savings for "qualified higher education expenses".

A family member setups and makes contributions to a fund with one of the States that sponsors 529 College Prepaid Tuition and/or Savings Plans.

Accumulated funds can be used to pay for qualified college.

For further information:
see our 529 plan center at www.SayPlanning.com for detail information and program benefits
see 529 plan center

Education IRAs

EIRAs allow family members to setup an custodial account in the name of a beneficiary who will withdraw funds for the purposes of paying qualified higher education expenses.

The Education IRAs (EIRA) are investment instruments for higher education. The official name for education IRAs is:

Coverdell Education Savings Accounts (CESA)

For further information:
see our 529 plan center at www.SayPlanning.com for detail information and program benefits
see 529 plan center

IRA Withdrawals

You can make withdrawals from your IRAs for qualified higher education expenses without having to pay the 10% additional tax.

You will owe income tax on at least part of the amount withdrawn, but you will not have to pay the 10% additional tax on early withdrawals.

More information from the IRS web site: http://www.irs.gov/...

The IRS allows students and parents who file and owe taxes to claim one of two educational credits. Tax credits reduce your overall taxes paid dollar-for-dollar:

1: Hope Tax Credit

Provides for a maximum $1500 per year per dependent student is available only for the first two years of post secondary education.

The student must be enrolled at least 1/2 of the full-time workload in a program that leads to a degree, certificate or other educational credential.

Credit can only be taken for expenses covering tuition, fees, and and books (if the book expense was paid to the institution on condition of enrollment) minus any scholarships and grants received.

Room and board, personal expenses and transportation are non-eligible expenses.

Some restriction apply — view the IRS topic for more information: www.irs.gov/...pubs

2: Lifetime Learning Tax Credit

Provides for a maximum $1000 per year per family; is available for any year of post secondary education including graduate work.

The student must be enrolled at an eligible educational institution.

Credit can only be taken for expenses covering tuition, fees, and and books (if the book expense was paid to the institution on condition of enrollment) minus any scholarships and grants received.

Room and board, personal expenses and transportation are non-eligible expenses.

Some restriction apply — view the IRS topic for more information: www.irs.gov/...pubs

Department of Veterans Affairs (VA) offers several programs administered by its Education Services.

Aid is available for veterans, reservists, National Guard persons, widows, and orphans.

Programs detailed on the VA Education Service Web site include the Montgomery GI Bill (for Active and Selected Reserves personnel), Veterans Educational Assistance Program, Survivors' and Dependents' Educational Assistance Program, Work-Study, and Tutorial Assistance:

www.gibill.va.gov/

Americorps:

Service program administered by the Corporation for National and Community Service.

AmeriCorps allows people of all ages and backgrounds to earn help paying for education in exchange for a year of service:

www.americorps.org

Loan Forgiveness:

Volunteer for public service after college and have some of your student loan debt forgiven

programs include:
AmeriCorps
www.americorps.org

Peace Corps
www.peacecorps.gov

Volunteers in Service to America (VISTA)
www.friendsofvista.org

U.S. Public Health Service:

Variety of loans, scholarships, and faculty loan repayment programs available for students in the health professions.

Help in several areas, including dentistry, public health, optometry, and veterinary medicine:

www.hrsa.dhhs.gov

Job Training Partnership Act:

Department of Labor program of tuition and free assistance for job training for the economically disadvantaged, dislocated workers, and others facing employment barriers:

www.doleta.gov