College Planning

Preparing and paying for higher education

When it comes to paying for college, there are a number of options to choose from. Students can apply for financial aid, scholarships, loans or grants. As a parent, grandparent or legal guardian, you may even decide early on to start investing in a savings program for your child, such as the Gerber Life College Plan. With all of the available options to pay for a college education, it can be difficult for parents and their children to determine which plan is best for them. That's why Gerber Life online articles include valuable insights and ideas to help your family prepare for the college years. Our articles and advice can help you rest-assured that your child will be prepared for college and anything else the future may hold.

  1. Giving a Gift of a Gerber Life College Plan

    Grandma Hugging ChildWho doesn’t love giving a gift to a child? It’s a warming experience that comes with smiles and hugs galore. Consider, however, that some children’s gifts, such as toys and clothes, have a shelf life. Kids outgrow both.  So what are some ideas for gifts that are both lasting and beneficial?

    Parents and grandparents often decide that a financial gift can be a lasting gift that shows they care. Giving cash for the holidays and birthdays is one option. Another option is to give a financial gift that keeps on giving.

  2. Do Series EE Bonds Offer Any Special Advantage if Used to Save for College?

    Children Doing School WorkThere are many ways to save for a child’s college education and maximize the funds with such tax-sheltered savings as Series EE Bonds.

    A Series EE Bond also known as a Patriot Bond is a low-risk investment whose earnings are usually subject to Federal income taxes. However, a savings bond education tax exclusion makes it possible for U.S. taxpayers to cash in bonds tax-free, when the money earned is used to pay for qualified higher education expenses in the same year that the bonds are redeemed. Examples of qualified education expenses include tuition and fees, but exclude room, books and board.

  3. Beat the College Inflation Rate

    College Graduation Cap and Diploma“Inflation.” The word may put a chill in the hearts of people everywhere, but what does inflation do to college costs?

    Just as the general rate of inflation represents increases in the cost of living from year to year, the college inflation rate represents increases in the cost of tuition and fees from year to year. For parents and grandparents who are saving for their children’s or grandchildren’s college education, it’s essential to choose options that keep up with college inflation.

  4. College Savings Accounts

    Parent Reading With ChildShould I save for college in my name or my child’s name?

    Saving for your child’s college education represents an investment in your child’s future. After all, the average cost of a college education has been rising steadily for decades – about 7% per year according to Forbes business magazine. That trend is expected to continue indefinitely.

  5. Enter to Win a Gerber Life College Plan!

    Calling all paGerber Life College Plan Giveawaysrents and grandparents: You can help make your child’s dream for the future come true by entering the Gerber Life College Plan1  giveaways for a chance to win a Gerber Life College Plan.

    What does your child or grandchild want to be when he or she grows up?  A teacher, a nurse, a scientist or anything he or she dreams of being. Very likely a college education will be needed to make that dream become a reality.