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summary: savings programs for education
Two (2) quick notes about saving for college
financial aid summary note 
State 529 Plans
- savings programs established and administered by States for the purpose of setting aside savings for "qualified higher education expenses"
- family member setup and make contributions to a fund with a States that sponsors 529 College Prepaid Tuition and/or Savings Plans
- see this 529 center for state-by-state information
financial aid summary note 
IRA Withdrawals
- you can make withdrawals from your IRAs for qualified higher education expenses without having to pay the early withdrawal penalty tax
- You will owe income tax on at least part of the amount withdrawn
- more information
from the
IRS web site
Helpful Tools
Some helpful tools for making college aid decisions:
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College Aid Topics
Key topics on college aid issues:
Student Financial Aid (summary)