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re: Best Plan for Kid's College Funds

Posted on 10/4/13 at 4:15 pm to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 10/4/13 at 4:15 pm to
quote:

What exactly is Tops? I don't think this was available when I was in school.


They essentially pay for tuition. And depending on how well you do on the ACT, they could give you a small stipend of either $400 or $800
Posted by MWP
Kingwood, TX via Monroe, LA
Member since Jul 2013
10486 posts
Posted on 10/4/13 at 4:20 pm to
quote:

They essentially pay for tuition. And depending on how well you do on the ACT, they could give you a small stipend of either $400 or $800


Strictly ACT score or is GPA a factor too? Does it matter where you are at in your graduating class?

Finally, does it pay tuition to any school in the state? Seems like a no-brainer to pick LSU.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26548 posts
Posted on 10/4/13 at 8:25 pm to
I currently utilize Louisiana's 529 program. I am thinking about using another investment vehicle. Louisiana gives you a tax break and a match. Of course, both depends on your income. I'm to the point where I don't get a match. Also, the investment options are really limited, but I would assume most 529s are similar in that regard. Thinking about going a different route.
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