Preparing to pay for higher education can start in 9th grade or earlier by… applying for grants. applying for scholarships. opening a 529 plan. taking out student loans.
Answer:
Preparing to pay for higher education can start in 9th grade or earlier by opening a 529 plan.
What is a 529 plan?
The 529 plan can be defined as the plan that can help in the payment of the qualified education costs of the people that are involved. This plan is a tax advantaged account plan. The people that are covered in the plan would be the college students, the k 12 and those that are involved in other apprenticeship schemes.
Hence we would say that preparing to pay for higher education can start in 9th grade or earlier by opening a 529 plan
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