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Kalman A. Chany

Founder and president of Campus Consultants

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Mark Kantrowitz

Publisher of FinAid.org and EduPASS.org

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Howard Gartenhaus

Founder and president of Gartenhouse Financial

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Q&A

If you have questions about this change, you're in the right place. Our editors, experts, and community of change optimists have answers!

coleman
Answer:I called them. Finally had a moment where I could sit on hold for awhile. If you choose to pay the interest while in school then they bill you quarterly...
Answered by coleman More»
Cwolf112
Answer:Money saved in a 529 plan can only be used for education, unfortunately. Otherwise I believe you pay a tax penalty. However, you can change the beneficiary...
Answered by Cwolf112 More»