Archive for the 'Financial Aid' Category

student loans and savings bonds?

Monday, December 14th, 2009

alen2500 asked: My girlfriends has a student loan that she is trying to pay on. She wants to cash in her savings bonds, not worth much, but was worried that the dept of education can take the proceeds. Can this happen?Freddy Brooker

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Can we move US Savings Bonds from my CHILD’s name into a 529 Plan?

Tuesday, December 4th, 2007

enki90 asked: The 529 plan (NJBest) is in the parent’s name for the benefit of the child, managed by Franklin Templeton Investments.
The child just started college this year, and we didn’t realize the disadvantage of the ownership, for the FAFSA, until recently.Maxie Stanko

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